TABLOID

President Biden has made turning the tide towards a clean energy transition one of his Administration’s top priorities.  Tackling the climate crisis requires global action, and while in New Delhi, India, for the G20 Leaders’ Summit, President Biden has continued to build innovative partnerships as part of a global effort to combat climate change. Today, on the margins of the G20 Leaders’ Summit, President Biden joined Indian Prime Minister Modi and leaders from Argentina, Brazil, Italy, Mauritius, and the UAE to launch the Global Biofuels Alliance, a partnership to make progress in our shared commitment to deploy cleaner, greener fuels…

Today, we the leaders of the United States, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union announced a Memorandum of Understanding committing to work together to develop a new India-Middle East-Europe Economic Corridor. Announced at the G20 Leaders’ event on the Partnership for Global Infrastructure and Investment, this landmark corridor is expected to stimulate economic development through enhanced connectivity and economic integration across two continents, thus unlocking sustainable and inclusive economic growth.   Through the India-Middle East-Europe Economic Corridor, we aim to usher in a new era of connectivity with a railway, linked through ports connecting Europe, the Middle East, and Asia. The United States and our partners intend to link both continents to commercial hubs and facilitate the development and export of clean energy; lay…

Today, on the margins of the Partnership for Global Infrastructure and Investment (PGII) event at the G20 in India, the United States of America and the European Union welcomed the recent commitment by Angola, Zambia and the Democratic Republic of the Congo to develop the Lobito Corridor connecting southern Democratic Republic of the Congo and northwestern Zambia to regional and global trade markets via the Port of Lobito in Angola. To accelerate this work in partnership with the three African countries, the European Union and the United States are teaming up to support the development of the Corridor, including by…

At the 2023 G20 Summit in New Delhi, India, President Biden and Prime Minister Modi co-hosted a group of G20 leaders to accelerate investments to scale high-quality infrastructure projects and the development of economic corridors through the Partnership for Global Infrastructure and Investment (PGI). The meeting of the leaders from the United States, European Union (EU), France, Germany, India, Italy, Japan, Mauritius, the United Arab Emirates, Saudi Arabia, and the World Bank demonstrated the collective urgency to make meaningful progress in narrowing the infrastructure gap in low- and middle-income countries to enable inclusive and sustainable growth and promote economic activity and…

President Biden is leading a major new initiative with G20 partners to fundamentally reshape and scale up the World Bank to more effectively deliver poverty reduction and inclusive economic growth—while better addressing global challenges that can undermine the achievement of these very goals. Since the Biden-Harris Administration launched this initiative last fall, significant progress has been made.  Thanks to the further leadership of Treasury Secretary Janet Yellen, a growing coalition of countries has come together to reform the World Bank’s mission and vision, incentives, operational model, and financing capacity.  With measures implemented and identified under the G20’s Capital Adequacy Review,…

I am deeply saddened by the loss of life and devastation caused by the earthquake in Morocco. Our thoughts and prayers are with all those impacted by this terrible hardship. My administration is in contact with Moroccan officials. We are working expeditiously to ensure American citizens in Morocco are safe, and stand ready to provide any necessary assistance for the Moroccan people. The United States stands by Morocco and my friend King Mohammed VI at this difficult moment.   ### Official news published at https://www.whitehouse.gov/briefing-room/statements-releases/2023/09/09/statement-from-president-joe-biden-on-the-earthquake-in-morocco/

The Park HotelNew Delhi, India SECRETARY YELLEN: Good morning, everyone, and thank you for being here. I’d like to share a few introductory thoughts about the priorities we’ll be focused on throughout this week. First, we’re committed to supporting emerging markets in developing countries and to addressing global challenges. This includes our ongoing work on evolving the multilateral development banks. One year since my call to action to the multilateral development banks, we’ve worked with a growing coalition of partners to make significant progress on reforms related to the World Bank’s mission and vision, incentives, operational model, and financing capacity.…

Today, President Biden announced his intent to appoint Massachusetts Governor Maura Healey, Idaho Governor Brad Little, and South Carolina Governor Henry McMaster to the Council of Governors for two-year terms. Five current members will be reappointed for another term, including Minnesota Governor Tim Walz, Vermont Governor Phil Scott, Delaware Governor John Carney, Wyoming Governor Mark Gordon, and Michigan Governor Gretchen Whitmer. Minnesota Governor Tim Walz will continue serving as co-chair and Vermont Governor Phil Scott has been nominated to serve as the second co-chair for this session. The Council of Governors is comprised of 10 bipartisan Governors from across the…

Yesterday, the White House and the Department of Agriculture convened a roundtable with leaders from 15 agriculture, conservation, and environmental organizations to discuss President Biden’s historic investments in climate-smart agriculture and forestry through the Inflation Reduction Act and Partnerships for Climate-Smart Commodities. America’s farmers, ranchers, and forest landowners play a critical role in addressing the climate crisis through the deployment of climate-smart practices that reduce greenhouse gas emissions, increase storage of carbon in soils and trees, improve land and forest health through conservation and restoration, and create new revenue streams. Recent investments provide a historic opportunity to scale up the…