Rich nations pledged to pay for climate damages. Where’s the money?

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Three months after COP27, there are few signs the U.S. and others will step up to bankroll a much-hyped fund to help poor countries cope with climate change.

climate envoy added in a recent meeting at The Washington Post. “We need it for the developing world. We need it for the right choices to be made [and] to leapfrog the mistakes.”

suffered by poor nations after climate-induced disasters and a century of wealthy countries’ carbon emissions.his visit to The Post, Kerry said that while large amounts of money have been committed to plans to close coal plants in South Africa, Indonesia and Vietnam, there were still “trillions sitting on the sidelines.”

in fiscal 2016 to $31.7 billion in fiscal 2022. “This makes us the biggest multilateral funder of climate action in developing countries today,” the fact sheet said.35 percent of its overall lending, resulting in loans ofsay is far too low. One current example is the $8.5 billion South African package to close coal plants, stimulate renewables and overhaul the country’s debt-laden utility. Half a dozen development banks contributed money to the plan. Other sources included South African and international private capital, U.S. money for job retraining and South African government funds. Similar deals have been forged with Indonesia and Vietnam.

 

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Waste of money

Then that’s one of the good things to come out of the conference.

Lol

FTX money laundry

How about we audit where the last climate hoax money went before we send more to these money laundering scum.

No 💩 Sherlock 🙄

They were joking

Everyone loves free moneys

Maybe because WE ARE BROKE.

You people know we’re in a debt limit crisis right now. No decisions on anything!

In the pockets of lobbyists 😂

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