Janet Yellen Advocates $3 Trillion Annual Investment for Climate Action
The Treasury Secretary calls for unprecedented global financing to combat climate change and disrupt nature crimes in the Amazon.
- Yellen identifies the $3 trillion annual investment as the key to achieving net-zero emissions by 2050.
- She highlights the economic opportunities tied to sustainable growth and biodiversity preservation.
- The initiative includes a collaborative effort with Amazon basin countries to tackle illegal logging and wildlife trafficking.
- Yellen emphasizes the need for private sector engagement alongside multilateral development banks.
- A new Amazon Region Initiative aims to improve coordination and training to combat illicit finance in the region.