U.S. International Climate Finance Plan
Released on 4/22/21
The climate crisis represents an existential threat to the security and prosperity of communities in the United States and around the world. At the same time, responding to the climate crisis offers one of the greatest opportunities in history for innovation, sustainable economic growth, and the creation of high-quality jobs. This is why the Biden-Harris Administration has made tackling the climate crisis in the United States and abroad a top priority.
Enabling bold action to reduce emissions and build resilience against the impacts of climate change will require mobilizing and aligning finance at scale. President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad (E.O. 14008, signed January 27, 2021) called for the preparation of a Climate Finance Plan (herein “Plan”). This Plan—the first of its kind in the U.S. government—focuses specifically on international climate finance. The Plan also addresses the need to better align public and private financial flows consistent with what is needed to achieve the Paris Agreement’s temperature and resilient-development goals.