“We heard some promising commitments from our friends in Sweden, Denmark, Italia, and others in the EU,” Johnson dijo, “but the United States is crucially important.”
Getting a commitment from Biden would “make a huge difference” y “send a massively powerful signal to the world,” Johnson added.
White House officials did not immediately respond to CNN’s request for comment on whether Biden would announce new climate financing commitments during his Tuesday speech.
World leaders from the developed world agreed more than a decade ago — and reaffirmed in the 2015 Paris Agreement — to begin transferring $ 100 billion to the Global South every year by 2020, a goal that was missed. The US was also criticized for failing to transfer any money under the Trump administration.
The Biden administration has said it will double the amount transferred during the second term of the Obama government, which averaged at around $ 2.8 billion a year. By comparison, the European Union transfers around €25 billion a year (the equivalent of $ 29.3 mil millones).
Kerry told Sky News on Monday that the US would get its climate financing commitment “hecho” by November’s pivotal international climate summit in Glasgow, also known as COP26.
“I think we’re going to get it done by COP, and the United States will do its part,” Kerry said. “I’m not hoping, I’m telling you to stay tuned to the president’s speech, and we’ll see where we are.”
In a press call with reporters last week, a senior Biden administration official didn’t commit to any specific numbers for climate finance.
The US “has heard from others around the world, the need for all of us to continue to increase our ambition on climate finance, and the US is taking a look at that,” a senior administration official told CNN during the press call.