Fighting African Climate Change, Millions of Dollars at a Time

JOHANNESBERG, SOUTH AFRICA - Biden administration officials say they are serious about global climate change, and that they are demonstrating their intent with an initiative that funds projects across the African continent.

Climate change, poverty and economic growth — these three indicators, the U.S. leadership says, are inextricably linked in the fight against environmental degradation in the developing world. But to make change happen, they need money. Enter the Millennium Challenge Corporation, an independent U.S. agency that gives out big grants to modernize infrastructure, address policy reforms, and promote growth in sectors that affect everyone in the economy, from the youngest child to the most ambitious entrepreneur. Acting CEO Mahmoud Bah explained in a call with journalists on Monday.