and destruction that result from the climate crisis disproportionally affect the world’s poorest countries and people. Yet they have contributed the least to global greenhouse gas emissions. Climate change is already happening faster than many communities around the world can adapt to its effects, according to the Intergovernmental Panel on Climate Change. That is with a mere 1.1°C of global warming—and we’re heading for 2.8°C.
That was celebrated as a major breakthrough for the world’s most vulnerable countries—even though it took another seven years for related financing to be added to the officialagenda. The article says nothing, however, about finance or implementation. Indeed it was included only on the explicit basis that it did not provide a basis for any liability or compensation.
The ambiguity allows developed countries to hide behind their pledge to mobilise $100bn per year of climate finance to support developing countries with mitigation and adaptation, as well as the humanitarian aid they provide to respond to extreme weather. That is despite the fact that the pledge is so far unmet; and the aid has fallen short by about $30bn over the past five years.
The lack of a formal definition of loss and damage can also be used as an argument against setting up a financial facility to take action on it. Providers of loss and damage finance would want to know where their money is heading and that it will be used effectively. This dearth of a definition promises to slow down the negotiations on loss and damage considerably.and other developing countries for a finance facility to deal with loss and damage.
Look up fraud in the dictionary, and there is his picture. There is no climate change.
The climate alarmists don't believe their own crap. According to AOC we only have 8 years left on this planet. We're all doomed so why even try? They own beachfront homes that are 10,000 sf. They fly on Privet jets and ride in SUVs.
This is manufactured, just like 'climate crisis'. The developing worlds have saved millions of lives, brought nations out of poverty, brought medicines and education, the list goes on. Now we have to pay reparations for a fake crisis? This is a scam.
How long will poor countries continue to be abused by rich countries? We know that poor Russia & China are fighting back against the rule based order established by rich Westerners to keep themselves rich!
People of Mahabad, a city in Iran are under IRGC’s attack with heavy artillery. They are shooting at residential houses of innocent weaponless people. They have cut off electricity and water. Tonight a mass murder could happen. Be their voice! Mahabad MahsaAmini
He has a point
Especialistas finanças climáticas... Com certeza pra ter esse nome, deve ter feito o curso em Nárnia. O cara é especialista em algo que não existe no mundo real. Mas o acredita. Nessa redação, o chá de bolinha de cinamomo, corre solto.
Nicola Tesla had several inventions to generate electricity that the US government confiscated. If oil and gas and coal are not options then we need those inventions right now. Tell CIA to dust them off and dig them out of the warehouse. That or nuclear.
Hard pass. Thanks.
Leftist wealth transfer scheme.
Oh please not dooms day climate hysteria.
Nah, we’re good.
That fits in with their attitude towards other crimes they've committed, both to their own citizens and the global south
Developed countries should not waste taxpayer dollars buying indulgences.