Senate deal could be most significant climate bill yet
The $369 billion deal Senate Majority Leader Charles E. Schumer (D-N.Y.) forged Wednesday with Sen. Joe Manchin III (D-W.Va.) could represent the nation’s most consequential climate policy yet, even though it falls short of what the United States needs to do to meet its global warming pledge by the end of the decade.
Related Knowledge Center: Climate diplomacy
Talks are well underway in preparation for the next major international meeting on climate change, 28th Conference of the Parties (COP28), scheduled to begin Nov. 30 in the United Arab Emirates.
Much like last year’s COP27, finances — specifically, aid to developing nations — will be at the center of conference deliberations.
The conference faces an even greater sense of urgency brought on by the Sept. 8, 2023, release of the first global stocktake, which calls for accelerated action to meet the goals set in the 2015 Paris Climate Agreement (COP21).
Climate diplomacy: COP 27 | Climate diplomacy: COP 28 | Climate diplomacy: COP 29