Statement from President Joe Biden on Conclusion of COP29 Conference in Baku, Azerbaijan

In 2015, the world came together to finalize the Paris Agreement, a historic commitment made by nearly every country in the world to address the climate crisis and protect the planet for future generations. On my very first day in office, I took action to return the United States to that agreement, restore America's global climate leadership, and recommit to international climate ambition.

Since then, my Administration has leveraged our Nation's leadership on climate action at home to accelerate global efforts - including at COPs 26, 27, and 28 - to reduce emissions, lower energy costs, create good-paying jobs, protect ecosystems, and strengthen resilience - all of which has also helped grow our economy.

Today at COP29, thanks in part to the tireless efforts of a robust US delegation, the world reached agreement on another historic outcome. In Baku, the United States challenged countries to make an urgent choice: either consign vulnerable communities to ever more catastrophic climate disasters, or step up and place all of us on a safer path toward a better future.

Together, countries set an ambitious 2035 international climate finance goal. It will help mobilize the level of finance - from all sources - that developingcountries need to accelerate the transition to clean, sustainable economies, while opening up new markets for American-made electric vehicles, batteries, and other products.

In the years ahead, we are confident that the United States will continue this work: through our states and cities, our businesses, and our citizens, supported by durable legislation like the Inflation Reduction Act, the largest investment in climate and clean energy in history. While some may seek to deny or delay the clean energy revolution that's underway in America and around the world, nobody can reverse it - nobody.

I congratulate the Parties and the COP29 Presidency on reaching this outcome. While there is still substantial work ahead of us to achieve our climate goals, today's outcome puts us one significant step closer. On behalf of the American people and future generations, we must continue to accelerate our work to keep a cleaner, safer, healthier planet within our grasp.

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