The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Beyond the Paris Agreement: An environmental wishlist for Biden

The US president’s prompt action in rejoining the Paris Agreement has given encouragement to environmentalists at home and abroad. What should be next on his green hit list?


On his first day in office, US president Joe Biden fulfilled a key campaign promise by signing up the US once again to the Paris Agreement on climate change.

He also cancelled a permit issued by former president Donald Trump for the controversial Keystone XL pipeline and ordered a review of 100 of his predecessor’s policies on environmental issues.

As a clear signal that the new administration is committed to the environment, these moves were warmly welcomed by sustainability advocates, but what should come next?

As the new president starts his first full week in office, Euromoney asked sustainable finance experts what they would most like to see him address over the coming months.

Net-zero commitment

Unsurprisingly, top of the list for many is a clear plan for carbon emissions reduction.

“The administration must pursue economic policies to address climate change,” says Fiona Reynolds, chief executive of the Principles for Responsible Investment (PRI). “It must set a pathway to achieve net-zero by 2050.”

Richard Mattison, chief executive of environmental data and analytics provider Trucost, now part of S&P Global, agrees that net zero should be the next target – but notes that achieving that ambition will mean building “a new energy system and infrastructure”.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree