Spending Deal Undercuts Biden's UN Climate Pledge

RFF Vice President for Research and Policy Engagement Billy Pizer talks with CQ Roll Call about where the United States stands on its climate finance pledges.

View on CQ Roll Call website


March 16, 2022

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CQ Roll Call

At the 2009 climate talks in Copenhagen, the U.S. pledged $3 billion to the Green Climate Fund, most of which is still owed...

"We're still 2 billion outstanding,” Billy Pizer, a researcher at the nonpartisan Resources for the Future, said in an interview. "So that does make it hard for us to negotiate contributions" from other countries, said Pizer, who worked on climate finance issues at Treasury during the Obama administration. "It makes it harder for us to leverage action from other countries when we are not fulfilling pledges that we've made in the past."

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