Biden pledges $50 mn to Amazon Fund, vows irreversible US energy progress

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Biden pledges $50 mn to Amazon Fund, vows irreversible US energy progress - Business Standard

Quick Summary:

Joe Biden witnessed the devastation of drought up close as the first sitting American president to visit the Amazon rainforest on Sunday, declaring that nobody can reverse "the clean energy revolution that's underway in America" even as the incoming Trump administration is poised to scale back efforts to combat climate change.

The massive Amazon region, which is about the size of Australia, stores huge amounts of the world's carbon dioxide, a greenhouse gas driving climate change.

But development is rapidly depleting the world's largest tropical rainforest, and rivers are drying up.