Abandoning the Paris Agreement Harms U.S. Credibility and Competitiveness in the Global Economy

(WASHINGTON, D.C. – January 21, 2025) Following his inauguration, President Donald Trump signed an executive order directing the United States to withdraw once again from the Paris Agreement, a global treaty between 195 countries to address climate change. Once the withdrawal takes effect one year from signing, the United States will be one of only four countries not engaged in the Paris Agreement. 

“The Paris Agreement represents commitments from countries around the world to reduce their emissions and work together to adapt to the impacts of climate change--a challenge that affects all of us, transcends borders and has the power to build or break economies.   

"Abandoning it does a major disservice to the American people, to the U.S. economy and to the nation’s own credibility as a reliable partner.  

"The Trump administration can run from its responsibility to participate, but the consequences of this decision extend far beyond climate policy. Climate change is already driving up costs for families and businesses, destroying homes and communities, hurting our health and taking peoples’ lives. The devastating Los Angeles wildfires and North Carolina's $60 billion recovery costs from Hurricane Helene demonstrate that climate disasters are already affecting Americans. 

"By shirking its responsibility, the Trump administration is denying the U.S. the opportunity to help shape the world’s transition to clean energy. Other countries and communities will now fill the vacuum left by the United States -- and reap the benefits. The policy whiplash and isolation from the Paris Agreement creates uncertainty for American companies and could ultimately hold them back from remaining competitive on the global stage.  

"While this decision is deeply regrettable, the global transition to clean energy is already underway. This is the moment to lead or be left behind. Already, companies, cities, states, and other nations are taking up the mantle of leadership, acting on the value and competitive edge of investing in clean energy and resilience. 

"This moment calls for redoubled commitment, not retreat. Environmental Defense Fund remains committed to helping communities, companies, and countries play their part in achieving the goals of the Paris Agreement, which will strengthen our health, economies and future—shaping a vital Earth for everyone.”   

• EDF Executive Director Amanda Leland