climate finance

In alignment with the Biden administration’s government-wide commitment to combatting the climate crisis, Jake Levine serves as the first Chief Climate Officer of the US International Development Finance Corporation. As a global development finance institution, in this exclusive interview with VX News, he elaborates on the agency’s goal to drive a surge in climate finance in countries around the world focused on clean energy, ports, agriculture, the blue economy, and more. 

This month global leaders gathered in Sharm el-Sheikh, Egypt, for COP27 where nations affirmed and expanded their commitments to limit global warming by reducing greenhouse gas emissions. VX News shares these concluding remarks by UN Secretary-General António Guterres highlighting the commitment of $100 billion per year in climate financing for developing countries as well as the ongoing and immediate need for member nations to drastically reduce emissions this decade.