IRA funding for Catholic organizations’ green energy uncertain under Trump administration

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Since taking office for the second time last month, he has again singled out this issue. In a speech to the World Economic Forum in Davos just days after his inauguration, Trump demanded the alliance increase the target for defense spending to 5% of gross domestic product, more than double the current 2% guideline.

NATO introduced the 2% goal in 2014. At the time, only three of 28 member countries met that target; estimates for 2024 show 23 countries reaching it, out of 32 (four countries joined in the interim). It’s generally agreed that the jump over the last decade is likely due to several factors, including pressure applied by the Trump administration during its first term.

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But even though NATO members’ defense spending is on the rise, Trump has made clear he believes it is not enough.

Why 5%?

“For a number of members of the alliance, that 5% number is eye-watering,” said Susan Colbourn, a…

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