US details US$6 billion in pledges for climate, ocean investments

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PANAMA CITY: The US State Department on Friday (Mar 3) gave details on US$6 billion in funding commitments around the world to protect oceans and fight climate change. The amount was first announced Thursday by Washington's climate envoy John Kerry at an oceans conference in Panama and encompasses 77

PANAMA CITY: The US State Department on Friday gave details on US$6 billion in funding commitments around the world to protect oceans and fight climate change.

The total includes some US$3 billion in climate resilience and climate research commitments that were part of the Inflation Reduction Act passed by Congress last year, according to the State Department.

 

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