Biden Promises $1.5 Billion to Battle Climate Change and Deforestation

President Biden announced $1 billion for the Green Climate Fund to assist low-carbon projects in developing countries
Biden pledged $500 million over five years to fight deforestation in Brazil
Biden called on other countries to take action, including setting the collective goal of ensuring that electric vehicles make up 50 percent of sales of light duty vehicles and 30 percent of medium duty vehicles by 2030.
Biden is giving $1 billion to the United Nations' Green Climate Fund.
Biden announced plans to boost U.S. funding to reduce deforestation in Brazil's Amazon rainforest and to help developing countries combat climate change.