Treasury Secretary Janet Yellen announced a nearly $1 billion loan to the clean technology fund to support developing countries transition to clean energy. The Air Force became the first of the military branches to release a climate action plan. Moreover, the Biden-Harris administration announced various actions across over 20 agencies to address climate change. On a local level, Govs. Gavin Newsom (D-CA), Kate Brown (D-OR) and Jay Inslee (D-WA) reaffirmed their focus on fighting climate change by re-signing a 2016 agreement. Additionally, New York Gov. Kathy Hochul (D-NY) called on the state’s environmental officials to draft clean-car regulations that mirror California’s mandate. On the global stage, the United Nations implored for additional funding to fight climate change for developing countries.
To read Akin Gump’s most recent climate policy update, please click here.
