The Trump administration has pulled the plug on the UN climate process and its financial contributions, while at the same time backing fossil fuels and obstructing renewables
The US administration has pulled clean energy and just transition funding in South Africa and is pressuring EXIM and the World Bank to back fossil fuels
The US is racing to secure supplies of critical minerals, including from war-torn DRC – but their military uses seem to be a higher priority than advancing a green transition
The measures are designed to increase the cost of Chinese goods needed for the energy transition – and could therefore slow the US shift away from fossil fuels
The money is part of a $3 billion environmental justice pot finally authorised by Congress after a long battle against Republicans and conservative Democrats
Democrats called it the “single biggest climate investment in US history so far” and claimed it would do 80% of the work of meeting the US’s 2030 climate target