Washington, D.C. – Lisa Jacobson, President of the Business Council for Sustainable Energy (BCSE), offered the following statement in response to the Biden Administration’s announcement of its $1 billion contribution to the Green Climate Fund:
“Today’s contribution by the United States to the Green Climate Fund reflects our country’s commitment to be a global partner and provider of development assistance. This public finance will support the efforts of developing nations as they build more climate resilient and low-carbon economies.
“U.S. leadership to deliver climate finance opens doors for American companies to provide the clean energy and energy efficiency solutions needed to advance the energy transition around the world. Last year, the global market for energy transition technologies received over $1 trillion in private sector investment. Both streams of finance are critical to address climate change at scale in countries around the world.”
Media contact: Lizzie Stricklin
Email: lstricklin@bcse.org
Phone: 202.785.0507 ext. 1504