How the United States Can Remain Engaged in International Climate Finance
Summary
This briefing by the World Resources Institute proposes the creation of 'America’s Climate Fund,' a nonfederal finance vehicle designed to maintain U.S. engagement in international climate finance and support vulnerable populations in developing countries while the federal administration retreats from these commitments.
Key insights
- Nonfederal U.S. actors, including cities, states, and companies, have launched initiatives like the U.S. Climate Alliance, We Are Still In, and America’s Pledge to support the Paris Agreement. These entities represent nearly half of the U.S. population and more than half of U.S. GDP.
- The proposed America’s Climate Fund would be a finance vehicle accepting contributions from various U.S. sources, including crowd-funding, to support climate-resilience and low-carbon development in developing countries. It is not intended to replace federal finance or fill the $2 billion gap in promised funding to the Green Climate Fund (GCF), but would serve as a signal of continued U.S. commitment.
- To ensure tax deductibility and protection from political cycles, the briefing suggests the Fund be hosted by a nonprofit organization. Key champions would include the Under2 Memorandum of Understanding, the U.S. Climate Alliance, and private sector leaders.
- The Fund could disburse money through two methods: direct contributions to multilateral funds like the Adaptation Fund and the GCF, or co-financing individual projects focused on priorities such as water and food security or the phase-out of coal-fired power plants.
Cite the original document
- APA
- World Resources Institute (2017). How the United States Can Remain Engaged in International Climate Finance. https://www.wri.org/insights/how-united-states-can-remain-engaged-international-climate-finance
- Chicago
- World Resources Institute. How the United States Can Remain Engaged in International Climate Finance. 2017. https://www.wri.org/insights/how-united-states-can-remain-engaged-international-climate-finance.
- Wikipedia
- {{cite report |author=World Resources Institute |title=How the United States Can Remain Engaged in International Climate Finance |date=11 December 2017 |url=https://www.wri.org/insights/how-united-states-can-remain-engaged-international-climate-finance |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitute2017how, author = {{World Resources Institute}}, title = {{How the United States Can Remain Engaged in International Climate Finance}}, institution = {World Resources Institute}, year = {2017}, month = dec, url = {https://www.wri.org/insights/how-united-states-can-remain-engaged-international-climate-finance}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated