COP26: Biden Seeks $9 Billion Plan for Forests

President Biden said he would work with Congress to dedicate up to $9 billion of climate funding over the next decade to support efforts to conserve global forests. He said the appropriations request would come as part of a new U.S. forest plan designed to incentivize landholders and industry to prioritize conservation.

“Preserving our forest and other critical ecosystems is an indispensable piece of keeping our climate goals within reach,” the U.S. president said, adding that nations needed “to approach this issue with the same seriousness of purpose as decarbonizing our economies.”

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