The relentless climate racket will impoverish developed nations

What a disgusting scam this is, based on BS & lies.

The plan is to impoverish developed nations to lift 3rd world sh*hole countries out of poverty.

Wealthy nations to fall short in pledged climate finance to the most vulnerable

New analysis from Oxfam has found that poorer countries are set to miss out on as much as $104 billion in funding over six years to adapt to climate change.

Wealthy nations are expected to fall billions of dollars short in delivering their six-year climate finance target to the most vulnerable countries, aid charity Oxfam forecasts. 

As part of the 2015 Paris Agreement, wealthy nations reaffirmed a 2009 pledge to allocate A$138 billion (US$100 billion) annually from 2020 to 2025 for poorer countries to reduce emissions and respond to  the effects of climate change.

Based on current pledges and plans, Oxfam estimates that wealthy governments will continue to miss the goal, and will reach only between A$129 billion (US$93 billion) and A$131 billion ($95 billion) per year by 2025. 

The analysis found that would result in a shortfall in financing for climate-vulnerable countries of between A$94 billion (US$68 billion) and A$104 billion (US$75 billion) over the six-year target period. 

Oxfam Australia’s CEO, Lyn Morgain, urged wealthy nations to deliver on their pledge. 

“Wealthy nations must live up to their promise made 12 years ago and put their money where their mouths are. We need to see real funding increases now,” she said. 

She said the decisive action taken to respond to the pandemic should also be applied to the “climate emergency”.

“Millions of people from Senegal to Guatemala have already lost their homes, livelihoods and loved ones because of turbo-charged storms and chronic droughts, caused by a climate crisis they did little to cause,” she said. 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.