Biden calls for global support in climate fight with new funding for developing nations
President Joe Biden urged world leaders at the G20 summit to increase financial support for developing countries to combat climate change. He announced a $325 million contribution to the World Bank to help these nations transition away from fossil fuels. Biden's climate initiatives face challenges as President-elect Donald Trump is expected to oppose many of them. Trump has previously dismissed climate change efforts and plans to withdraw from the Paris climate accord, which could hinder Biden's proposals. Despite these obstacles, Biden emphasized the importance of global cooperation in addressing climate issues. He highlighted the need for financial resources to support vulnerable countries and announced additional pledges, including a $4 billion commitment to the International Development Association.