[Global Times correspondent in Egypt Huang Peizhao, Global Times correspondent Wang Yi] On the 11th local time, US President Biden delivered a speech at the 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change.

In his speech, he announced new climate initiatives aimed at strengthening U.S. leadership in addressing the climate crisis.

Data map: US President Biden.

Photo by China News Agency reporter Chen Mengtong

  CNN said on the 11th that Biden's speech was aimed at declaring the return of the United States' global leadership on climate change.

He was eager to highlight major new U.S. investments in climate change -- a few months after he signed the largest spending bill on climate change in U.S. history.

More than $370 billion in climate investments will give Biden leverage in his efforts to persuade other countries to step up to reduce greenhouse gas emissions.

  Biden also said the U.S. is delivering on existing commitments and initiatives and is taking action to lead a clean energy future that uses market forces, technological innovation and investment to address the climate crisis.

The Associated Press commented on the 11th that Biden’s message at the COP27 conference was that the historic actions taken by the United States to address climate change will not be reversed like the previous ones when the Democratic Party lost power.

  Although Biden worked hard to promote the United States' climate achievements at the COP27 conference, many parties did not seem to buy it.

According to the British "Guardian" report on the 11th, in Sharm El Sheikh, Egypt, where the COP27 was held that day, protesters called on world leaders to declare a climate emergency, seal fossil fuels underground, and ask rich countries to pay for the losses suffered by poor countries. Pay compensation.

The New York Times said on the 11th that Biden will not be praised for passing a landmark climate bill, but will face the condemnation and compensation demands of developing countries for the climate warming caused by the United States and other industrialized countries.

Some European leaders have begun to respond to the demand with funding pledges, forcing Biden to do the same.

But the results of the midterm elections have not yet been finalized, and control of Congress remains unclear, so there are few promises Biden can make.

  Even without the political uncertainty, there are concerns that rising energy costs and a recession will undermine America's resolve to transition to clean energy, CNN said.

U.S. officials have lowered expectations for this year's climate summit, which has been limited by Biden's few hours in attendance.

  (Source: Global Times)