As for balance, he said, the US is pushing for a greater representation of women and sustainability in Apec economies. He also voiced support for Thailand’s bio-circular-green (BCG) economic model promoted at Apec 2022. US President Joe Biden recently signed into law the Inflation Reduction Act, which sets aside $369 billion (13.2 trillion baht) for decarbonised economy and response to climate change. “This act includes $369 billion to take the most aggressive action ever … ever, ever, ever, in confronting the climate crisis,” Biden reportedly said when signing the bill. US Vice President Kamala Harris is attending the Bangkok summit on Biden’s behalf.
