renewable energy

U.S. President Joe Biden is also expected to call on major economies to join him in bold action at virtual summit of 40 world leaders, running April 22 and 23.

This month, Democrats in the United States introduced the CLEAN Future Act in Congress, which would create a “buy clean” program to set standards for emissions allowed in construction materials bought using federal funds. 

The African Development Bank Group, which is operating the climate fund, will receive the money from Canada at the end of the month, according to Global Affairs Canada. The fund is set to last for 30 years and will go towards supporting energy-efficient projects, scaling up renewable energy and developing green infrastructure and sustainable cities.

World’s biggest investor wants polluting industries to set targets to cut emissions and reach net zero