President Joe Biden's proposed fiscal year 2023 budget would involve billions of dollars in climate-related spending, including $11 billion for international climate finance, as well as multibillion-dollar investments said to "Advance equity and equality globally."
With energy prices up from 2021 and an economically disruptive war raging in Eastern Europe, the president didn't highlight climate or environmental concerns in a brief, pre-prepared statement on the budget request.
It first lists the Environmental Protection Agency's definition, which appeared as early as 1998 in a Clinton administration report, where it was attributed to the EPA Office of Environmental Justice as "The fair treatment and meaningful involvement of all people regardless of race, color, national origin, or income, with respect to the development, implementation, and enforcement of environmental laws and regulations."
The budget would also provide $47 million in environmental justice-related funding to the Department of Energy and $1.4 million to establish a new Office of Environmental Justice within the Department of Justice.
Biden's budget would also devote $11 billion to international climate finance, including $1.6 billion for a Green Climate Fund, a program said to fund climate adaptation and mitigation in the developing world.
The OMB's budget fact sheet highlights $2.6 billion in spending said to "Advance gender equity and equality across a broad range of sectors."
As part of that effort, Biden's FY 2023 budget would allocate $200 million to the Gender Equity and Equality Action Fund, which already received $200 million in the FY 2022 funding that was finalized through the recent omnibus.
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Wednesday, March 30, 2022
Biden Would Budget Billions for Climate, ‘Environmental Justice,' Global Gender Equity
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