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Biden pledges $50 mn to Amazon Fund, vows irreversible US energy progress

Biden said the fight against climate change has been a defining cause of his presidency

Joe Biden, Biden

President Joe Biden (Photo: PTI)

AP Manaus (Brazil)

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Joe Biden witnessed the devastation of drought up close as the first sitting American president to visit the Amazon rainforest on Sunday, declaring that nobody can reverse "the clean energy revolution that's underway in America" even as the incoming Trump administration is poised to scale back efforts to combat climate change.

The massive Amazon region, which is about the size of Australia, stores huge amounts of the world's carbon dioxide, a greenhouse gas driving climate change. But development is rapidly depleting the world's largest tropical rainforest, and rivers are drying up.

Biden said the fight against climate change has been a defining cause of his presidency -- he's pushed for cleaner air, water and energy, including legislation that marked the most substantial federal investment in history to fight global warming.

 

But he's about to hand the nation over to Republican President-elect Donald Trump, who is highly unlikely to prioritise the Amazon or anything related to climate change, which he's cast as a "hoax".

Trump has pledged to again pull out of the Paris agreement, a global pact forged to avert the threat of catastrophic climate change, and he says he'll rescind unspent funds in energy efficiency legislation.

"It's true, some may seek to deny or delay the clean energy revolution that's underway in America," Biden said. "But nobody, nobody can reverse it, nobody -- not when so many people, regardless of party or politics, are enjoying its benefits."  The question now, he said, is "which government will stand in the way and which will seize the enormous opportunity".

His trip comes as the UN climate conference is underway in Azerbaijan. Brazil will hold the talks next year.

During a helicopter tour, Biden saw severe erosion, ships grounded in one of the Amazon River's main tributaries and fire damage. He also passed over a wildlife refuge for endangered species of monkeys and birds and the expansive waters where the Negro River tributary flows into the Amazon. He was joined by Carlos Nobre, a Nobel Prize-winning scientist and expert on how climate change is harming the Amazon.

Biden met indigenous leaders and visited a museum at the gateway to the Amazon where indigenous women shook maracas as a part of a welcoming ceremony. He then signed a US proclamation designating November 17 as International Conservation Day.

The US president leaned into the symbolism of his trip, saying the Amazon might be the "lungs of the world", but "in my view, our forest and national wonders are the heart and soul of the world. They unite us. They inspire us to make us proud of our countries and our heritage".

The Amazon is home to Indigenous communities and 10 per cent of Earth's biodiversity. About two-thirds of the Amazon lies within Brazil. Scientists say its devastation poses a catastrophic threat to the planet.

During brief remarks from the forest, Biden sought to highlight his commitment to the preservation of the region. He said the US was on track to reach $ 11 billion in spending on international climate financing in 2024, a sixfold increase from when he started his term. Poorer nations struggling with rising seas and other effects of climate change say the US and other wealthier nations have yet to fulfil their pledges to help.

"The fight to protect our planet is literally a fight for humanity," he said.

Biden's administration announced plans last year for a $ 500 million contribution to the Amazon Fund, the most significant international cooperation effort to preserve the rainforest, primarily financed by Norway.

The US has said it has provided $ 50 million, and the White House announced Sunday an additional $ 50 million contribution.

Biden's trip was significant, but "we can't expect concrete results from this visit", said Suely Araujo, former head of the Brazilian environmental protection agency and public policy coordinator with the nonprofit Climate Observatory.

She doubts that a "single penny" will go to the Amazon Fund once Trump is in the White House.

The Biden administration touted a series of new efforts aimed at bolstering the Amazon and stemming the impact of climate change.

That includes the launch of a finance coalition looking to spur at least $ 10 billion in public and private investment for land restoration and eco-friendly economic projects by 2030 as well as a $ 37.5 million loan to support the large-scale planting of native tree species on degraded grasslands in Brazil.

The Amazon has been suffering under two years of historic drought that have dried up waterways, isolated thousands of river communities and hindered riverine dwellers' ability to fish. It's also made way for wildfires that have burned an area larger than Switzerland and choked cities near and far with smoke.

Brazilian President Luiz Inacio Lula da Silva has pledged "zero deforestation" by 2030, though his term runs through 2026. Forest loss in Brazil's Amazon dropped by 30.6 per cent in the 12 months through July from a year earlier, bringing deforestation to its lowest level in nine years, official data released last week said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 18 2024 | 7:20 AM IST

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