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Biden pledges international finance plan as he presides over virtual global climate summit

President Biden on April 22, emphasized the economic benefits of fighting climate change during the first day of his administration's global climate summit. (Video: The Washington Post)
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President Biden said Thursday that he would launch an international climate finance plan to help underwrite the transition to a decarbonized global economy as he presided over a virtual summit of world leaders and called combating climate change “a moral imperative.”

As Biden watched from the East Room of the White House, a parade of heads of government appeared virtually, many of them making new pledges to cut emissions and thanking him for taking a leadership role on the issue.

Participants in the summit include Chinese President Xi Jinping, Russian President Vladimir Putin, British Prime Minister Boris Johnson and German Chancellor Angela Merkel, among many others. The second and final day of the summit is Friday.

Here’s what to know:

Leaders Summit on Climate: Live stream | Agenda