Biden win signals shift in green finance landscape

In January, the US will usher in a new president and new era in climate policy and green finance.

Two trillion dollars towards a just and green recovery – this is US president-elect Joe Biden’s ambition over his first term. He also aims to rejoin the Paris Agreement and achieve a net-zero US by 2050.

The extent to which this ambition can be met will depend on the outcome of Georgia’s Senate run-offs at the beginning of 2021.

The importance of these goals being unimpeded by a Republican majority Senate cannot be overstated.

According to Climate Action Tracker, the Biden plan would result in a decrease in end-of-century warming of around 0.1°C,

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