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#climatefinance

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Continued thread

"#Europe’s race to build a war economy has led the bloc to pull spending desperately needed for another crisis: the #climate.

The redirection of billions of euros away from development finance meant to fight the fallout of floods, droughts and cyclones in poorer countries has the potential to fuel European inflation, drive up immigration and weaken the bloc’s standing abroad."

bloomberg.com/news/articles/20
#ClimateFinance

Mission Statement [reviwed and edited 24-12-21]
[but don't hold me to it]

After the devastating Dutch elections [‘23-11-22] I decided to dedicate my toots back to the original goal.
I care about a lot of issues, most global some national; but I won't be 'tooting' about them all.

First and formost I WANT to 'toot' about:
* #ClimateSolutions
Because I trust that most people reading know about the dreadfull future of climate change, I want to spread the, possible, solutions to a problem rather than reiterate on the problem.
* #ClimateJustice
One of those solution might be sueing the polluters or governments on human rights, violations or #Ecoside
* #ClimateAction
Action is by all means a solution.
* #ClimateEmergency
* #Climate

As said I want to focus on the global issue. I don't want to nitpick on too much principles. Like: "What's worse: eating cows or driving diesel?" Both are devastating behaviors of intitled rich people!
On the otherhand therefore I truly respect ANY effort to make a change for the better.

Most of all... I want to add instead of preach. Bring some bits of the puzzle to the table.

I'm NOT a scientist of any kind. I'm just a disabled old white guy typing on a desk reading and searching a lot.

I tend to toot 10-15 toots at 13:00* that I boost again unchanged at 20:00* the same day, but that's NOT a promise. [*=my [Amstedam] time]

I might be interested in: #StopCopCity #ClimateFinance #Capitalism #Energy #USpolitics #Ukraine #Europe #Bernie #XR #OceanCleanup #NextBlue #InductionCooking #TaxTheRich #Africa #FemaleSoccer #Ajax #WomensRights #Indigenous #BigOil #Greta #CityDesign #VanessaNakate #2030 #Wildfires / #Floods #IPCC #AOC and more.
But after a year or two there appear to be 4 general topics: #Climate #Gaza / #IsraeliGenocide #USpolitics and #Ukraine

I tend to follow anyone who 'retoots' or 'favourites' my toots. Forget it, I'm vain.
If any of my 'followers' wants to opt out... this is your chance, as always.

"The climate crisis is complicated and requires a balance of considerations. Instead of focusing efforts on making the ‘green’ economy most profitable, we should focus on reducing how much energy we use, producing energy more sustainably, and ensuring that we are not leaving workers and communities behind. We cannot just hope that the market will solve the problem. It is unlikely to do so.

For example, the Canadian Infrastructure Bank and the Canadian Growth Fund are two federal government initiatives premised on the hope that for every dollar of public money we spend, we will supposedly leverage $2, $3, $5, $10 of private capital to advance public goods. And that has never panned out because at the end of the day, we are just asking and hoping that the private sector will deliver public goods. But private investors will not do that unless they think they will make a profit. Some of these projects are either not inherently profit-making, or they require long-term investments that might make a profit eventually but not in the short term.

To make matters worse, under the current market model, the state provides subsidies and other support for private investments that would have been made anyway. For example, the government might provide a 40% tax credit, but the company was going to build that wind farm anyway, and they pocket the extra 40%. That is not a very good use of public money."

socialistproject.ca/2025/02/cl

672 #ClimateFinance #Divestment

Do you have a pension, do banking or have a mortgage ?
Then you're probably subsidizing #BigOil.

"How BIG OIL captured $7 TRILLION of OUR money" [12:23 min]
by Just Have a Think

youtube.com/watch?v=D97NaRPFgi

Quote by JHaT:
"Jan 26, 2025
The world's biggest banks pumped $7 trillion of our hard earned cash into oil and gas expansion projects between 2016 and 2023. The industry also enjoys another $7 trillion or so each year in tax breaks and other subsidies. The latter are for governments to address, but the former lies in our hands. So, how can you use your money to send a message to the fossil fuel behemoths?"

#TakeCareForLife #TakeCareForEarth
#StopBurningThings #StopEcoside
#ClimateBreakDown #StopRapingNature

Mission Statement [reviwed and edited 24-12-21]
[but don't hold me to it]

After the devastating Dutch elections [‘23-11-22] I decided to dedicate my toots back to the original goal.
I care about a lot of issues, most global some national; but I won't be 'tooting' about them all.

First and formost I WANT to 'toot' about:
* #ClimateSolutions
Because I trust that most people reading know about the dreadfull future of climate change, I want to spread the, possible, solutions to a problem rather than reiterate on the problem.
* #ClimateJustice
One of those solution might be sueing the polluters or governments on human rights, violations or #Ecoside
* #ClimateAction
Action is by all means a solution.
* #ClimateEmergency
* #Climate

As said I want to focus on the global issue. I don't want to nitpick on too much principles. Like: "What's worse: eating cows or driving diesel?" Both are devastating behaviors of intitled rich people!
On the otherhand therefore I truly respect ANY effort to make a change for the better.

Most of all... I want to add instead of preach. Bring some bits of the puzzle to the table.

I'm NOT a scientist of any kind. I'm just a disabled old white guy typing on a desk reading and searching a lot.

I tend to toot 10-15 toots at 13:00* that I boost again unchanged at 20:00* the same day, but that's NOT a promise. [*=my [Amstedam] time]

I might be interested in: #StopCopCity #ClimateFinance #Capitalism #Energy #USpolitics #Ukraine #Europe #Bernie #XR #OceanCleanup #NextBlue #InductionCooking #TaxTheRich #Africa #FemaleSoccer #Ajax #WomensRights #Indigenous #BigOil #Greta #CityDesign #VanessaNakate #2030 #Wildfires / #Floods #IPCC #AOC and more.
But after a year or two there appear to be 4 general topics: #Climate #Gaza / #IsraeliGenocide #USpolitics and #Ukraine

I tend to follow anyone who 'retoots' or 'favourites' my toots. Forget it, I'm vain.
If any of my 'followers' wants to opt out... this is your chance, as always.

#ClimateFinance is paramount: In an open letter to UNFCCC, PIK director Johan Rockström & others call for an urgent revision of the New Common Quantified Goal of Climate Finance #NCQG. A more ambitious NCQG update is needed to align with the Paris Agreement goal of limiting global warming to 1.5°C.
➡️ e-axes.org/research/joint-stat

#ClimateDiary even with low expectations, even having zoned out almost for its entire duration, i still can’t help being deeply saddened that #COP29 was such a huge disappointment for so many countries in the Global South bearing the brunt of #ClimateBreakdown - #ClimateFinance support, fhe #Quantum, was abysmally small. I listened to outraged Nigerian and Gambian reps and it was just 💔

healthpolicy-watch.news/betray

"A dumpster fire", "Woefully inadequate", "A death sentence" – Groups including the Center for International Environmental Law, Global Climate and Health Alliance, Greenpeace, WWF, IRENA, the Global Renewables Alliance and the World Resources Institute have responded to the agreed climate deal at COP29, which concluded at the weekend. #cop29 #climatefinance #sustainability

Read more: sustainabilityonline.net/?p=65