Biden made the announcement Friday morning during the Major Economies Forum, a virtual, closed-door meeting with other world leaders on climate, ahead of a pivotal UN climate conference in Glasgow in November. The meeting is meant to raise climate ambition ahead of the Glasgow summit, a senior administration official recently told reporters.
“This will not only rapidly reduce the rate of global warming, but it will also produce a very valuable side benefit like improving public health and agricultural output,” Biden said. “We’re mobilizing support to help developing countries that join and…