“Rich nations say they're spending billions to fight #ClimateChange. But some money is going to strange places… like a coal plant, a hotel, chocolate stores, a movie & an airport expansion.” 🤔
It’s complicated, but worth a read from Reuters: https://www.reuters.com/investigates/special-report/climate-change-finance/ #climate
A pledge to fight climate change is sending money to strange places
Rich countries promised $100 billion a year to reduce the effects of global warming. Reuters found large sums went to a coal plant, a hotel and chocolate shops.Reuters
Brittle Anxious Nonlinear Inco
in reply to Sheril Kirshenbaum • • •anlomedad
in reply to Sheril Kirshenbaum • • •"Although a coal plant, a hotel, chocolate stores, a movie and an airport expansion don’t seem like efforts to combat global warming, nothing prevented the governments that funded them from reporting them as such to the United Nations and counting them toward their giving total.
In doing so, they broke no rules. That's because the pledge came with no official guidelines for what activities count as climate finance. "
https://www.reuters.com/investigates/special-report/climate-change-finance/
Incredible. Thanks for sharing!!
And this "When Italian chocolatier Venchi opened dozens of new stores in Japan, China, Indonesia and elsewhere in Asia, it had help from SIMEST, a public-private company that helps Italian companies expand overseas. Italy claimed the $4.7 million equity investment as climate finance."
It is thinkable that Merkel's lobby friends, the likes of Hildegard Müller of VDA, formerly RWE and other socio
... show more"Although a coal plant, a hotel, chocolate stores, a movie and an airport expansion don’t seem like efforts to combat global warming, nothing prevented the governments that funded them from reporting them as such to the United Nations and counting them toward their giving total.
In doing so, they broke no rules. That's because the pledge came with no official guidelines for what activities count as climate finance. "
https://www.reuters.com/investigates/special-report/climate-change-finance/
Incredible. Thanks for sharing!!
And this "When Italian chocolatier Venchi opened dozens of new stores in Japan, China, Indonesia and elsewhere in Asia, it had help from SIMEST, a public-private company that helps Italian companies expand overseas. Italy claimed the $4.7 million equity investment as climate finance."
It is thinkable that Merkel's lobby friends, the likes of Hildegard Müller of VDA, formerly RWE and other sociopathic devils,
leeched tax money disguised as overseas climate projects, as well. lt's the amigo-mentality that governs the Ministry for Development and affiliated institutes in Germany. "Yes, let's give to the poor, but only if it lines our own pockets/the pockets of our industry."
A pledge to fight climate change is sending money to strange places
ReutersDROP\ TABLE @@
in reply to Sheril Kirshenbaum • • •gavinisdie :troll:
in reply to Sheril Kirshenbaum • • •Andreas K
in reply to Sheril Kirshenbaum • • •Let me guess, it's a bit like with the slaves & slave owners in the UK.
So the money is going to the coal plants to indemnify them for theoretically less profit when they throttle their CO2 catapults?
gmoke
in reply to Sheril Kirshenbaum • • •World's governments subsidized fossil foolishness with over $1 trillion last year, double the subsidies of the year before (https://www.iea.org/reports/fossil-fuels-consumption-subsidies-2022)
The billions spent "fighting" #ClimateChange which are completely fraudulent are stupid & evil & a fraction of the direct contributions we make to cutting our own throats as we destroy out species' ecological niche.
Homo sap sap is such a sap