USA has reached $11 billion target • Table.Media

The USA has provided over eleven billion US dollars for international climate financing in 2024. This was announced by the US administration ahead of the G20 summit in Rio de Janeiro. This makes the USA the world’s largest bilateral donoraccording to a government statement. In 2021US spending on climate financing amounted to $1.5 billionaccording to the administration. Three billion US dollars would therefore flow into adaptation to the consequences of climate change. The target of a six-fold increase in these payments has therefore been achieved. The Biden administration also announced that it would provide $50 million for the Amazon Fund, which campaigns against the deforestation of the rainforest.