President Joe Biden considers halting US funding on overseas fossil fuel projects. But this could be a good idea as it could bring poor cou...
President Joe Biden considers halting US funding on overseas fossil fuel projects.
But this could be a good idea as it could bring poor countries closer to China. The US role as a leading financier for developing economies would fail.
If the US would outmaneuver China, it will need to build support with other countries and international institutions to increase their joint financing for green projects.
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