Yellen Vows To Use ‘Full Power’ Of U.S. Government To Tackle Climate Change

THE U.S. government will marshal all of its resources to address climate change as the country recovers from the COVID-19 pandemic, Treasury Secretary Janet Yellen said on Tuesday, as she stressed that the poor suffer the most from climate change.

President Joe Biden has tasked the Treasury Department with using the “vote and voice” of the United States to advance emissions reduction goals, and working to end international financing of carbon-intensive fossil-fuel-based energy sources.

Yellen underscored her focus on tackling climate change and reducing global poverty in a meeting with Christian and Jewish religious leaders and Jubilee USA Network, a non-profit that advocates for debt relief, according to a Treasury statement.

She “stressed that the global poor are the least responsible for climate change, but will suffer most from it,” Treasury said. “She noted that the Administration is committed to using the full power of the U.S. federal government to