Global cooperation on climate change gains new momentum
Manila Bulletin|April 28, 2021
US President Joe Biden heralded America’s return to the center stage of global diplomacy as he hosted 40 leaders in a summit on climate change to mark this year’s celebration of Earth Day.
Global cooperation on climate change gains new momentum

He declared the US’ goal of reducing greenhouse gas (GHG) emissions by 50 to 52 percent by 2030 based on 2005 levels, a target described by World Resources Institute (WRI) as “ambitious, achievable, affordable, necessary, foundational, and inspirational.” Climate resilient infrastructure and leadership of the world’s electric vehicle market are two initiatives that are highlighted in his $2 trillion America Jobs Plan.

The International Energy Agency (IEA) agenda includes: “Increasing electric cars' share of annual sales to more than 50 percent from three percent currently, raising low-carbon hydrogen production to 40 million metric tons from just 450,000, and increasing investment in clean electricity to $1.6 trillion from $380 billion.”

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