On 11/11/2022, Joe Biden traveled to Sharm El-Sheikh, Egypt to deliver remarks at the 27th Conference of the Parties to the UN Framework Convention on Climate Change. Biden said, “That’s why, last year, I committed to work with our Congress to quadruple U.S. support to climate finance and provide $11 billion annually by 2024, including $3 billion for ADAPTION.
And that’s why the fund — Emergency Plan for Adaptation and Resilience — PREPARE, we call it — to help more than half a billion people in developing countries respond to climate change. We’ve already requested more than $2 billion for the PREPARE this year. I am going to fight to see that this and our other climate objectives are fully funded.
Today, as a down payment, we’re announcing more than $150 million in initiatives that specifically support PREPARE’s adaptation efforts throughout Africa, including Adaptation in Africa effort that Egypt and the United States launched together in June. This includes support for expanding early warning systems to help cover Africa, broadening access to climate finance, providing disaster-risk protection, strengthening food security, mobilizing the private sector, and supporting a new training center in Egypt to accelerate adaptation across the efforts all across the continent. My administra- — (applause) —
My administration has also made the United States the first-ever contributor to the Adaptation Fund last year, and this year we’re doubling our pledge to bringing our total commitment to $100 million.”
new solar projects in Angola. And everywhere: “Folks, we’re also supporting the Global Shield, a G7 initiative to better protect vulnerable countries everywhere from climate-related losses and quickly respond to climate-related damages. And the G7-led Partnership for Global Infrastructure and Investment is working to meet the critical infrastructure needs in low- and middle-income countries with specific focus on climate. The project we’re facilitating is built on transparency, partnership, the protections for workers and the environment. One of the many projects already underway is a partnership between American firms and the government of Angola to invest $2 billion building new solar projects in Angola. And everywhere”
Money to help Egypt elevating its climate ambition: “And I’m pleased to announce today, alongside the European Union and Germany, a $500 million package to finance and facilitate Egypt’s transition to clean energy. (Applause.) This package will enable Egypt to deploy 10 gigawatts of renewable energy by 2030, while bringing offline 5 gigawatts of inefficient gas-powered facilities, reducing emissions in Egypt and power sector by 10 percent. We also — we’ll also work with Egypt to capture nearly 14 billion [4 billion] cubic meters of natural gas, which Egypt currently flares, vents, or leaks from its oil and gas operations. And because of this cooperation, Egypt is elevating its climate ambition and submitting an enhanced national determined contribution. If we’re going to win this fight, every major emitter nation needs align with the 1.5 degrees.
On 11/10/2022, during White House Press Secretary Karine Jean-Pierre’s press briefing, A reporter asked National Security Advisor Jake Sullivan, “And today, Secretary Kerry met with Lula’s team, and they discussed help to protect the Amazon. What kind of assistance is the United States considering?”
MR. SULLIVAN: So, President Biden has had a very longstanding view that it is the obligation of the United States and other major economies to help Brazil protect its rainforest. The same goes for other countries with significant rain forests, like Indonesia. And so, he’s going to look for an early opportunity to sit with the incoming president, who has expressed a real commitment and motivation to protect the Amazon, and talk about a variety of forms of assistance we can give — not just technical assistance, but financial assistance as well. That’s something President Biden sees as a real priority.
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Biden brags money to others: low & middle-income countries, to help Egypt elevating its climate ambition, solar in Angola