International Business: Biden to tout ‘largest investment’ in climate in Glasgow – Gulf Digital News

  • Date: 01-Nov-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:Gulf
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International Business: Biden to tout ‘largest investment’ in climate in Glasgow – Gulf Digital News

President Joe Biden on Monday will try to assure world leaders that the United States can keep its promise to slash greenhouse gas emissions by more than half by the end of the decade, even as the key policies to ensure those reductions remain uncertain, his top climate aides said.

Biden will join leaders from over 100 countries in Glasgow for the start of the COP26 climate conference, which kicks off on the heels of the G20 summit in Rome that concluded with a statement that urged "meaningful and effective" action on climate change but left huge work for negotiators to ensure an ambitious outcome.

National Climate Adviser Gina McCarthy said Biden was committed to delivering on that goal in large part through a key budget bill that would unleash $555 billion in climate spending that awaits a vote in Congress after months of fraught domestic negotiations.