After four years of inaction, the Biden administration faces a more daunting climate crisis than ever. Special Envoy John Kerry said the administration wants “to develop a U.S. climate finance plan, as well as a plan for ending international financing of fossil fuel projects with public money.” This could be done thoughtfully to support a transition to a clean and energy abundant future for everyone — or it could result in a ban on all oil and gas projects which will stifle economic growth and make poor populations in Africa even more vulnerable to the impacts of climate change.
