Wow! @POTUS' Executive Order on Tackling the Climate Crisis at Home and Abroad is quite something! 1/ https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/27/executive-order-on-tackling-the-climate-crisis-at-home-and-abroad/

Importantly, it commits to an alignment of financial flows with the objectives of the Paris Agreement, including with respect to coal financing, nature-based solutions, and solutions to other climate-related challenges. 2/

Biden wants IFIs, incl World Bank & IMF, to promote financing programs, economic stimulus packages, and DEBT RELIEF INITIATIVES that are aligned with & support the goals of the Paris Agreement. 3/

Here's a blueprint for aligning debt relief with climate: https://eprints.soas.ac.uk/34346/1/DRGR-report.pdf

All this is guided by the 3 goals of the Paris Agreement: safe global temperature; increased climate resilience; & financial flows aligned with a pathway toward low greenhouse gas emissions and climate‑resilient development.

Biden's team seems to be serious about climate! 4/4