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Biden's own new commitment, timed to the summit, is to cut U.S. fossil fuel emissions up to 52 percent by 2030, marking a return by the U.S. to global climate efforts after four years of withdrawal under President Donald Trump. Biden's administration is sketching out a vision of a prosperous, clean-energy United States where factories churn out cutting-edge batteries for export, line workers relay an efficient national electrical grid and crews cap abandoned oil and gas rigs and coal mines.

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"A bold 2030 target is needed to catalyze a zero-emissions future, spur a robust economic recovery, create millions of well-paying jobs and allow the U.S. to 'build back better' from the pandemic,'' the businesses and investors said in a letter to President Joe Biden.

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Mexico's president has said he intends during the meeting to propose to Biden a new Bracero-style immigrant labor program that could bring 600,000 to 800,000 Mexican and Central American immigrants a year to work legally in the United States.

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President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.