Reuters Quotes Eric LeCompte on Meeting with Secretary Yellen and Faith Leaders

Reuters quotes Eric LeCompte on Jubilee USA's meeting with Treasury Secretary Yellen along with many religious faith leaders. Read an except below, and click here for the full story.

Yellen vows to use 'full power' of U.S. government to tackle climate change

By Andrea Shalal

Yellen also said she saw a potential new allocation of the International Monetary Fund’s emergency reserves, or Special Drawing Rights, as part of a broader package of assistance to low-income countries, but gave no details.

Yellen’s support, first announced last month, reversed the opposition of the Trump administration, paving the way for a likely SDR allocation this year. U.S. support is critical because it is the IMF’s largest shareholder.

Eric LeCompte, executive director of Jubilee USA Network, said the discussion made clear that climate policies were a growing focus of the G7 and G20 major economies.

“Treasury is looking at climate issues in very deep ways,” he said.



Read the full article here.