COP26 Focuses On Climate Crisis (scam) Funding

It’s almost like this has nothing to do with science, and everything to do with Modern Socialist ideals, like redistributing Other People’s money

Ahead of COP26, focus turns to climate finance

Climate experts have stressed that the upcoming UN climate conference, COP26, is the “last, best chance” for the world to come through with a plan to limit global warming to 1.5 degrees Celsius (2.7 Fahrenheit) and help countries move to net-zero.

Don’t they say that every year? Besides, I thought the Paris COP was historic, the one that would Save The World? No?

Managing the green transition and heading off the worst effects of climate change won’t be an easy task either in terms of policy, or coming up with the necessary funds to make sure these promises have a chance of success.

“Finance is essential to accelerating the transition to net-zero and achieving the full ambition of the Paris Agreement,” said Mark Carney, the COP26 finance adviser for UK Prime Minister Boris Johnson, in the lead-up to the pivotal summit. The COP26 website lays it out in stark terms: “To achieve our climate goals, every company, every financial firm, every bank, insurer and investor will need to change.”

Developing nations trying to transform their carbon-based economies and find ways to adapt will be looking for the world’s richest nations, which are responsible for most of the global carbon dioxide emissions, to make good on an overdue promise of $100 billion (roughly €86.2 billion) a year to help them fund climate finance. And that’s just the tip of the rapidly melting iceberg.

Negotiations at COP26 will be focusing on raising even more money after 2025 because $100 billion isn’t nearly enough, according to Pablo Vieira, global director of the NDC Partnership, which helps countries achieve their national climate commitments.

That’s weird, because most 1st World nations failed to abide by the pledges of their leaders to pony up their share of the $100 billion, and now they want more? Where’s the money coming from? The U.S. (and China and Russia now) already provides enough taxpayer funds to these 3rd World Shitholes Developing Nations, but, the point of climate funds is to give these nations money without strings, because the 1st World apparently owes them for being shitholes, er, Developing nations.

How much?

But as of 2019, the last year for which data is available, wealthy nations had yet to even meet their original goal, contributing just under $80 billion according to the Organization for Economic Cooperation and Development (OECD). Estimates from the UN, World Bank and the OECD have shown it will take $6.9 trillion every year until 2030 to meet the world’s climate and development objectives. And that was published in 2018, before the COVID-19 pandemic.

Paris was supposed to give $100 billion per year, so far, it’s been a total of $80 billion, less than a fifth. Now they want to spend even more money? How about letting Warmists send checks to the fund, if they care so much? And what do Developing Nations think?

Last week, a coalition of 24 developing nations that work together on international negotiations issued a statement criticizing rich countries for proselytizing a universal goal of net-zero by 2050. “This new ‘goal’ which is being advanced runs counter to the Paris Agreement and is anti-equity and against climate justice,” the statement from the ministers of the Like-Minded Developing Countries (LMDC) Ministerial said.

The LMDC argued that its member countries should not be forced onto the same timeline to cut emissions as the industrialized world when they have done little to contribute to historic emissions and may want to use fossil fuels in their own economic development, as wealthier nations have.

Surprise! They want the cash, they don’t want to have to actually do anything.

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9 Responses to “COP26 Focuses On Climate Crisis (scam) Funding”

  1. alanstorm says:

    Climate experts have stressed that the upcoming UN climate conference, COP26, is the “last, best chance” for the world to come through with a plan to limit global warming to 1.5 degrees Celsius…

    Oh, no! Not yet ANOTHER “last, best chance”!

    According to the Chicken Littles, we had 10 years to “save the planet!”* 20 years ago, repeating on a yearly schedule.

    To appeal to a wider audience, they’ve also had 4 years to go, multiple times.

    *Never mind that almost nothing we do actually threatens the planet. You could argue about the biosphere, but that’s to NUANCED for LIVs.

    Once again: If you make predictions that fail to occur and you DON’T adjust your theory, you’re not doing science. You’re practicing religion.

  2. Hairy says:

    Those humans living in shithole countries, as flow human beings, do we have an obligation to help them? Do you think God wants them to suffer and that is why he put them in a shithole country?

    • Zombies are Cool says:

      Hairy do you believe that God is punishing those people living in the West, California and the southwest because of the historic drought that is unfolding there?

      Or do you believe it is climate change and that all those people should flee to the east coast and bring their politics with them and change the cultural and social makeup of blue states?

      Or are you like the people who live in the USA and work hard at surviving drought like conditions and still make a living, make things grow, feed your children, raise them in a nice home and continue to thrive despite AGW.

      How about Florida. Should not everyone move because of Global warming? Because of course, we know that the leftists believe hurricanes are now AGW related as well. Should we all not just hide in the basement on a mountain and let Door Dash deliver our food that no one is growing?

      You walking dead leftists are so brain dead. You can’t even open doors let alone critically think. Perhaps these people living in their own countries should fight back and take back their lives from tinpot dictators. They live in areas that can be every bit as productive as the US West or Florida. They just don’t try.

      I watched a segment on TV the other night in which a guest was blaming all of this on Reagan who was trying to prevent the communist overthrow of Niguaga. How original. I suppose those people fleeing Venezuela can blame low oil prices. Those fleeing Cuba can blame JFK for not defeating their own dictator. Perhaps those fleeing Haiti can blame the USA for their own people assassinating their own leader or blame AGW for Earthquakes. Let’s blame Puerto Rico for a hurricane under Trump where aerial photos show millions and millions of cases of food and water sitting on the runway unused while the people starve. Let us Blame the Clintons for carpetbagging on the island.

      On and on it goes. Looking for someone to blame rather than just rolling up ones sleeves and getting shit done. This is the difference between walkind dead and running dead.

      So here’s a great idea lets bring all of them to the USA and let them vote for Republicans because according to every poll you are losing massive support among Latinos and Hispanics.

      • Elwood P. Dowd says:

        The imaginary gods only punish liberals because of homosexuals and abortion. Everybody knows that. TV preachers said so.

        Gods send tornados and floods to the conservative south and midwest and TX to punish American who aren’t sufficiently sadistic.

        If the burgeoning Latino and Hispanic populations (aka, kye’s “dirt people”) show massive support for the GOP, why do conservatives hate them?

        Poor people need to roll up their sleeves, put their shoulders to the grindstone, put their pedal to the metal, keep their eye on the ball, put their backs into it, toss off the shackles and get wealthy. Might Makes Right!

    • Elwood P. Dowd says:

      The gods help those who help themselves!!

    • Jl says:

      Yes, John- they deserve to have access to cheap, reliable fossil fuel energy like the rest of us instead of burning wood or whatever.

  3. Dana says:

    The cited article stated:

    The COP26 website lays it out in stark terms: “To achieve our climate goals, every company, every financial firm, every bank, insurer and investor will need to change.”

    Note what that says: if every company, firm, insurer, bank and investor “will need to change,” it must mean authoritarian control, because not “every” person will agree, not “every” person will eschew contrarian opportunities to make money, and not “every” person will willingly subordinate the way he wishes to live his life.

    Kind of like not every person attending COP26 will fly commercial to get there.

    The left, once so strongly dedicated to liberty and individual rights, have now gone full-throated authoritarian, demanding that everyone must comply. It shouldn’t be a surprise: dictators from the left and the right have always been about squashing individual rights and individual choices for the good of the State.

  4. Elwood P. Dowd says:

    Those whining Westerners whine about wildfires and drought, and now they’re whining about floods and mudslides! There’s no satisfying these whiny people! They need to stop whining and roll up their sleeves, persevere and stop the whining!

    There is no ABSOLUTE, 100%, PROOF that climate change is NOT ALL NATURAL! Like the pandemic and DUNE reviews, global warming is a ChiCom hoax/plot!!

    tRump denies global warming which is why liberal scientists (aren’t they all?) are pushing it.

  5. Elwood P. Dowd says:

    It’s just like the US gubmint and the tobacco industry. Instead of making Big Tobacco, responsible for so much death and disability, do something useful like curing lung cancer or COPD the gubmint just wanted to redistribute the cash from the rich to the poor!!

    When a semi runs over a car killing a kid, the parents don’t insist on a new child, they want the semi’s insurance company to redistribute some cash!!

    It’s almost as if society uses CASH as a substitute for responsibility! Let’s go back to good the old days. If your vaccine kills someone, the family of the deceased gets no CASH but gets to kill the vaccine company CEO. If an IKEA bookcase falls on a kid, no CASH but the IKEA salesperson gets similarly crushed. If a customer falls and breaks a leg in your store because you didn’t clean a mess – no CASH for you – but the store manager must have her leg broken. If your shithole country is burning, flooding, people starving because of global warming – no CASH for you – but China, Europe and the US must fix the burning, flooding and starving.

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