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#climatefinance

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"#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.

Africa: AU Seeks $1.3trn Annually to Combat Climate Change: [This Day] Leaders of the African Union have unanimously demanded a massive increase in climate finance to mitigate climate change in the region. The call for $1.3trillion annually was made at the AU Summit held at the AU headquarters in Addis Ababa, Ethiopia recently in a meeting chaired by Kenyan President, William Ruto ahead… newsfeed.facilit8.network/TJ4n #ClimateChange #AfricanUnion #ClimateFinance #SustainableDevelopment #GlobalWarming

"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

Africa: Shaping Conditions for Fair, Equitable and Enduring Climate Finance: [IPS] The global commitment to fair climate finance is at a crossroads. COP29 concluded with a disappointing New Collective Quantified Goal on Climate Finance (NCQG), leaving developing nations at risk of being left behind. With the U.S. withdrawing from the Paris Agreement and slashing development aid, prospects for… newsfeed.facilit8.network/THwg #ClimateFinance #COP29 #ParisAgreement #SustainableDevelopment #EquityInFinance

Africa: Climate Finance and Care Services - Why Public Investment Is Necessary: [The Conversation Africa] The care economy is an important but unrecognised sector for climate change adaptation. I use the term "care economy" to encompass the work of caring for people that is paid and unpaid, largely undertaken by women. This work takes place in a range of places. This includes… newsfeed.facilit8.network/THf0 #ClimateFinance #CareEconomy #PublicInvestment #ClimateChangeAdaptation #WomenEmpowerment