As per ESG Today, mitigating the effects of climate change has been one of the priorities of the Biden Administration, with the Inflation Reduction Act and the Bipartisan Infrastructure Law allocating half a trillion dollars for climate-investments in things like renewable energy and clean manufacturing.

Regarding the effects of climate change, President Biden stated that "last year alone, natural disasters in America caused $165 billion in damage, just last year alone — $165 billion in damage. But the worsening impacts are not inevitable."

2.3 billion dollars will be deployed over the next five years to increase the resilience of the energy grid in the face of extreme weather events and other calamities.

Also, through the National Oceanic and Atmospheric Administration (NOAA), 575 million USD will be put towards the resilience and the adaptation of coastal communities and also those located near the Great Lakes to climate change-related events.

US President Joe Biden is confident that these measures will help the nation overcome the worst effects of extreme weather events.