US President Joe Biden announced $100million for climate adaptation and an Inflation Reduction Act at COP27 with new regulations to cut methane by 30% by 2030
US President Joe Biden’s climate pledges at COP27 are only a fraction of what is needed, says an expert.
Mr Biden told the climate summit in Sharm el-Sheikh that the US would introduce new regulations as “cutting methane by at least 30% by 2030 can be our best chance to keep in reach of the 1.5C target”.
He announced $100million for climate adaptation and an Inflation Reduction Act.
A new Climate Bill will “unleash a new era of clean energy and economic growth”, the President also claimed.