House view
House view
The Trump administration has announced plans to withdraw the US from the Paris Agreement, hitting some climate-related instruments.- It has ended some federal diversity programs, calling into question businesses' commitment to social strategies.
- It seems to favor bilateral agreements over multilateral ones, raising some questions around multilateral development bank (MDB) bonds.
New this month
New this month
The Trump administration has declared that the US “rejects and denounces” the United Nations Sustainable Development Goals (UN SDGs). These are key global goals adopted by UN members unanimously in 2015, as part of the 2030 Agenda for Sustainable Development, aimed at tackling global environmental and social challenges.This is part of a broader retreat by the Trump administration, including removing the US from key climate financing endeavors, and exiting the Paris Agreement.
Did you know?
Did you know?
- The US has about 16% of the total voting power on the World Bank’s International Bank for Reconstruction and Development, followed by Japan, China, Germany, France, and the UK.
- Following the US's previous withdrawal from the Paris Agreement, US electricity generation from coal dropped 22% (excluding pandemicera generation), according to US Energy Information Agency and Ember data.
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