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Today, President Obama released his 2016 Budget Request outlining the administration’s spending plans for the coming fiscal year. The request includes $500 million in funding for the Green Climate Fund, and $230 million for the Climate Investment Funds. The budget allocation to the Green Climate Fund is part of the $3 billion pledge the U.S. made in November 2014, while $230 million requested for the Climate Investment Funds would complete a commitment made under the Bush Administration in 2008.

All eyes are on India this week, as President Obama is set to make an unprecedented second trip to meet with Prime Minister Narendra Modi.

While the leaders’ discussions will address several issues, including nuclear energy and trade, climate and clean energy will be a central part of the agenda. So it’s a tremendous opportunity for the two countries to make substantive progress on shifting to low-carbon, climate-resilient pathways.

President Obama’s first trip after the State of the Union tonight will be to India to visit with Prime Minister Modi, where they will announce new energy and climate efforts.

In a press teleconference on Wednesday, January 21, 2015, Indian and US experts will reflect on prospects for US-India collaboration and domestic action in India to curb emissions and address climate change.


Press Call Ahead of US-India Climate/Energy Announcements


Wednesday, Jan 21, 8:00 p.m. IST // 9:30 a.m. EST (Washington)

A new WRI study finds that there are many win-win opportunities for the United States to reduce emissions and save money for consumers and businesses. Our blog series, Lower Emissions, Brighter Economy, evaluates these opportunities across five key areas—power generation, electricity consumption, passenger vehicles, natural gas systems and hydrofluorocarbons (coming soon) —which together represent 55 percent of U.S. greenhouse gas emissions.

This afternoon Secretary John Kerry made a speech at the UN climate summit in Lima, Peru.

Following is a statement from Jennifer Morgan, Global Director, Climate Program, World Resources Institute:

“Secretary Kerry delivered a powerful message at Lima: by this time next year, countries need to deliver a global climate agreement. Without strong and coordinated global action, the risks of climate change are far too great.

As the U.S. Environmental Protection Agency (EPA) moves forward with standards to reduce emissions from existing power plants—which are due to be finalized in June 2015—many states are wondering how they will comply. WRI’s fact sheet series, Power Sector Opportunities for Reducing Carbon Dioxide Emissions, examines the policies and pathways various states can use to cost-effectively meet or even exceed future power plant emissions standards. This post explores these opportunities in Virginia. Read about additional analyses in this series.


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