There is a lot of misinformation about the Paris agreement, including the idea that it will hurt the U.S. economy. It was a series of unsubstantiated assertions that Trump repeated in his rose garden speech in 2017, arguing that the deal would cost the U.S. economy $3 trillion in jobs by 2040 and $2.7 million by 2025, making us less competitive with China and India. But, as the auditors pointed out, these statistics come from a March 2017 unmasked study that exaggerated the future cost of reducing emissions, underestimated advances in energy efficiency and clean energy technologies, and was completely unaware of the enormous health and economic costs of climate change itself. Specific results of increased attention to adjustment financing in Paris include the announcement by the G7 countries of $420 million for climate risk insurance and the launch of a Climate Risk and Early Warning Systems (CREWS) initiative.  In 2016, the Obama administration awarded a $500 million grant to the „Green Climate Fund“ as „the first part of a $3 billion commitment made at the Paris climate talks.“    To date, the Green Climate Fund has received more than $10 billion in commitments. The commitments come mainly from developed countries such as France, the United States and Japan, but also from developing countries such as Mexico, Indonesia and Vietnam.  This strategy included energy and climate policy, including the so-called 20/20/20 targets, namely a 20% reduction in carbon dioxide (CO2) emissions, an increase in the market share of renewable energy to 20% and a 20% increase in energy efficiency.  Because climate change fuels temperatures and extreme weather events, it endangers our air, water and food; Widespread diseases and endangers our homes and security. We are facing a growing public health crisis. On August 4, 2017, the Trump administration officially announced to the United Nations that the United States intends to withdraw from the Paris Agreement as soon as it is legally entitled to it.
 The formal declaration of resignation could not be submitted until after the agreement for the United States came into force on November 4, 2019 for a three-year date.   On November 4, 2019, the U.S. government filed the withdrawal notice with the Secretary-General of the United Nations, custodian of the agreement, and formally withdrew from the Paris Agreement a year later, when the withdrawal came into effect.  After the November 2020 elections, President-elect Joe Biden promised to reinstate the United States in the Paris Agreement for his first day in office and renew the U.S. commitment to climate change mitigation.  On October 5, 2016, when the agreement reached enough signatures to cross the threshold, U.S. President Barack Obama said, „Even if we achieve all the goals… we will only get to part of where we need to go. He also said that „this agreement will help delay or avoid some of the worst consequences of climate change.“ It will help other nations reduce their emissions over time and set bolder goals as technology progresses, all under a strong transparency system that will allow each nation to assess the progress of all other nations.   The People`s Climate March takes place in Washington, D.C.