President’s Emergency Plan for Adaptation and Resilience (PREPARE)

In response to a severe and urgent crisis, the President of the United States of America is announcing the President’s Emergency Plan for Adaptation and Resilience (PREPARE) to support developing countries and communities in vulnerable situations around the world in their efforts to adapt to and manage the impacts of climate change. These impacts are already being felt, making investments in developing countries’ climate resilience more urgent than ever.

The President will work with Congress to provide $3 billion in adaptation finance annually for PREPARE by FY2024. It is the largest U.S. commitment ever made to reduce climate impacts on those most vulnerable to climate change worldwide.

PREPARE will serve as the cornerstone of the U.S. government response to operationalizing the President’s pledge and addressing the increasing impacts of the global climate crisis. PREPARE activates a coordinated, whole-of-government approach and will serve as the framework that brings together the diplomatic, development, and technical expertise of the United States to help more than half a billion people in developing countries adapt to and manage the impacts of climate change by 2030, to track with the timeline for meeting the Sustainable Development Goals. Through PREPARE, the United States will respond to partner countries’ priorities, strengthen cooperation with other donors, integrate climate risk considerations into multilateral efforts, and strive to mobilize significant private sector capital for adaptation. As a result, PREPARE will help save lives and livelihoods, support sustainable and healthy communities and ecosystems, and reduce the impacts of climate change.

Source: Biden Administration
Year: 2021