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ARTICLE · 05 NOVEMBER 2021

Biden Administration Asserts Climate Leadership And Releases Long-Term Strategy For Net-Zero GHG By 2050

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Timed to coincide with the opening of COP26—the UN Climate Change Conference—and citing his prior commitment to cutting greenhouse gas (GHG) emissions by 50-52 percent...

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Timed to coincide with the opening of COP26-the UN Climate Change Conference-and citing his prior commitment to cutting greenhouse gas (GHG) emissions by 50-52 percent by 20301 and achieving a net-zero economy by 2050, on November 1, 2021, President Biden announced the launch of the President's Emergency Plan for Adaptation and Resilience (PREPARE). This whole-of-government initiative by FY2024 would provide $3 billion annually in adaptation finance to reduce climate impacts on those most vulnerable to climate change worldwide. The announcement constitutes the first US Adaptation Communication under the Paris Agreement, which President Biden rejoined on the first day of his administration.

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