Biden's climate leadership hinges on mobilising private finance East Asia Forum


Source: eastasiaforum.org eastasiaforum.org

Key Topics in this News Article:

News Snapshot:

Biden’s climate leadership hinges on mobilising private finance 21 June 2021 Author: Editorial Board, ANU More than US$35 trillion in investment will be required over the next decade to win the battle against climate change. Most of the world’s governments have nowhere near the fiscal space to fill that gap. While many are celebrating the return of US leadership on climate change, it will be US President Joe Biden’s ability to catalyse private finance that will determine the success of his leadership, both economically and in garnering enough domestic and international political support behind the cause of climate change. COVID-19...