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Green Climate Fund Support: Combating Climate Change Globally

This act aims to authorize financial appropriations for the Green Climate Fund, which assists developing countries in combating climate change. These actions are designed to reduce greenhouse gas emissions and help adapt to climate change impacts, indirectly affecting global security and stability, as well as the quality of the environment we live in.
Key points
Authorizing $4 billion annually for 2022 and 2023 to support the Green Climate Fund.
Supporting projects that reduce emissions, restore natural carbon sequestration, and aid in climate change adaptation, especially in vulnerable communities.
Emphasizing the responsibility of developed countries to finance climate actions, considering environmental and climate justice.
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Additional Information
Print number: 117_HR_2774
Sponsor: Rep. Espaillat, Adriano [D-NY-13]
Process start date: 2021-04-22