Daily Current Affairs Article 25th January 2021: Joseph Robinette Biden Jr. was sworn in as the 46th president of the United States on January 20, 2021, and among the first orders he signed was one to restore America’s participation in the United Nations Paris Agreement on climate change.
His decision on America’s return will take effect on February 19, which would be 107 days after its withdrawal under the Donald Trump administration became formal on November 4, 2020.
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In the past, the U.S., under George W. Bush, had pulled out of the previous pact, the Kyoto Protocol, in 2001.
The withdrawal from the Paris Agreement meant that the U.S. was no longer bound by its national pledge made under the pact: to achieve an economy-wide reduction of its GHG emissions by 26%-28% below the 2005 level in 2025.
America also stopped its contribution to the UN’s Green Climate Fund, to which it had pledged $3 billion, after transferring an estimated $1 billion.
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