UN Secretary-General António Guterres on Tuesday welcomed important commitments made towards climate action by the world’s two largest economies, as the 76th High Level Debate began in New York.

He hailed United States’ President Jose Biden’s announcement that the US would significantly increase its international climate finance to approximately $11.4 billion a year.

Mr. Guterres also welcomes the announcement made by President Xi Jinping that China would end all financing of coal fired power plants abroad and redirect its support to green and low carbon energy.

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