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Special Presidential Envoy John Kerry Profile picture
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22 Apr, 5 tweets, 1 min read
We can’t solve the climate crisis without countries stepping up and committing the needed financial resources to drive the low-carbon transition.  #LeadersClimateSummit
Public finance is a key means to help countries meet their climate goals and commitments, both in adaptation and mitigation.
President Biden just announced the United States will double the climate finance we provide for developing countries by 2024 relative to Obama-Biden levels, including for the poorest and most climate-vulnerable.
Today, we published the U.S. Government’s first-ever International Climate Finance Plan. The plan lays out how our agencies and departments will work together to deploy climate finance more effectively and ensure it gets to the places that need it most. whitehouse.gov/briefing-room/…
Finance for adaptation and resilience is essential to protect lives and livelihoods from climate impacts. Today’s announcement to triple U.S. adaptation finance by 2024 will help us make more communities resilient around the world.

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More from @ClimateEnvoy

Special Presidential Envoy John Kerry Profile picture
23 Apr
A critical theme for the #LeadersClimateSummit is how raising our innovation ambition can raise the world's climate ambition. Bringing new and improved clean technologies to market can make net-zero transitions cheaper and faster around the world: state.gov/leaders-summit…
A staggering 45% of the emissions reductions we need for a swift net-zero transition must come from clean technologies that aren't yet in the marketplace, according to the @IEA.
We urgently need advances across a range of technologies, including long-duration energy storage, zero-carbon fuels, clean industrial processes, next-generation renewables, advanced mobility, net-zero buildings, carbon removal, clean agriculture, and much more.
Read 6 tweets
Special Presidential Envoy John Kerry Profile picture
22 Apr
I’m energized by the non-government players making moves to get us to a low carbon future. Government can lead the way and ensure accountability – but we also need the private sector to join us and do more. #LeadersClimateSummit
On the road to net-zero by 2050, six U.S. banks agreed to mobilize $4.1+ trillion in low carbon financing in the coming decade. Three leading US asset managers also committed to making all their assets under management ($19 trillion+) net-zero compliant by 2050.
Collectively, these commitments send a powerful signal and signify a marked increase in financial commitments to climate solutions. They also signal the United States is a global leader in helping the world meet the climate challenge.
Read 6 tweets
Special Presidential Envoy John Kerry Profile picture
22 Apr
A momentous Earth Day indeed. @POTUS just announced a new U.S. target of reducing our net greenhouse gas emissions by 50-52% from 2005 levels in 2030. Read this fact sheet on why this matters for resolving the climate crisis. whitehouse.gov/briefing-room/…
Our more ambitious Nationally Determined Contribution will build on current progress while creating millions of good paying jobs, ensuring economic competitiveness, advancing environmental justice, and improving the health and safety of communities across America.
Working towards our Nationally Determined Contribution will reduce emissions while supporting @POTUS’s existing pledges to create a carbon pollution-free power sector by 2035 and net-zero emissions economy by 2050. We need everyone at home to come together to meet these goals.
Read 4 tweets

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