Rep. Good Aims to Stop President Biden’s $1 Billion U.N. Climate Funding Pledge

WASHINGTON, D.C. – Congressman Bob Good (VA-05) introduced the No Taxpayer Funding for the Green Climate Fund Act to block President Biden’s pledge of $1 Billion from going to the United Nations’ Green Climate Fund while also prohibiting future U.S. contributions to the fund.

“Nothing has done more in the history of the world to lift people out of poverty than access to affordable and abundant energy. Domestic energy production has helped make America great, but President Biden has consistently ceded our energy independence in the name of the radical green agenda here at home and at the United Nations,” said Congressman Good. “My legislation will block Biden’s efforts to use American taxpayer dollars to push climate alarmism overseas. We should make every effort to enable drilling and unleash energy production in the U.S. by stewarding the vast resources of our great country.”

"Citizens for Renewing America is proud to support Rep. Good's ‘No Taxpayer Funding for the Green Climate Fund Act.’ Funding the UN’s corrupt cabal of climate alarmists is not the responsibility of American taxpayers." – Wade Miller, Citizens for Renewing America

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Co-sponsors (2): Scott Perry (PA-10), Ralph Norman (SC-05)

Groups (1): Citizens for Renewing America

Background:

• The United Nations Green Climate Fund’s stated aim is “to expand collective human action to respond to climate change.”
• The fund was created as a tool for incentivizing developing country participation in the Paris Accords. However, it picks winners and losers in the energy market by subsidizing woke climate projects and pays for other “green” programs in developing nations.
• In 2014, the Obama Administration announced an initial U.S. pledge of $3 billion over four years, and made two separate contributions of $500 million in March 2016 and January 2017 without any authorization from Congress.
• President Trump ceased U.S. contributions to the Green Climate Fund.
• Last month, President Biden announced plans to contribute $1 billion to the fund.
• In April 2021, President Biden announced a radical effort to burden the economy with increased regulations in an attempt to reach zero emissions by 2050.
   

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