Janet L. Yellen, the secretary of the Treasury, said that the United States and China had a joint responsibility to back international climate finance funds to combat climate change.
President Biden tapped the former Mastercard chief executive to run an organization that found itself mired in controversy after comments by the current president about climate change.
As leaders of the Group of 7 gather in Germany, the scramble to replace Russian fossil fuels is raising concerns that hard-won climate targets will be missed.
The nation’s top financial regulators are preparing to release a report this week that chronicles both their early efforts to tackle climate change as well as their possible plans for the future.
The U.S. government under President Joe Biden is working closely with the international community to tackle climate change, increase the scale of climate finance and leverage additional private investment, Treasury Secretary Janet Yellen says.
