UK Cuts Contribution To Global Climate (scam) Fund By Half

Perhaps the lords of England are finally getting it?

UK halves funding to flagship global climate fund

The UK has halved its contribution to the world’s largest dedicated climate fund, a cut of more than £800mn, in a move that will reinforce concerns that rich countries are retreating from a promise to help developing nations respond to global warming.

The move comes a year after Donald Trump’s administration rescinded the US’s $4bn pledge to the UN’s Green Climate Fund, which had left the UK as the largest contributor.

The UK notified the fund this week that it would cut its pledge for its second replenishment cycle by about 50 per cent to £815mn, according to an email seen by the FT. The reduction forms part of far-reaching cuts to its international aid budget.

The Green Climate Fund, which is the main financial tool to implement the landmark Paris Agreement, oversees $20bn committed to projects in areas such as renewable energy, energy efficiency and resilient agriculture in 134 developing countries.

That’s a bit over a billion US that the UK cut

In an email to the board, which is made up of developed and developing countries, GCF boss Mafalda Duarte wrote that the UK move came as the country decided to cut overseas aid allocations “and invest more in addressing growing security threats”.

She added that it was “expected to have a material impact on the delivery” of its projects.

What are those growing security threats? Is she meaning from mythical ‘climate change’ Bad Weather in the UK? Or, maybe the threat from the millions of Islamic radicals the UK has let into the nation?

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9 Responses to “UK Cuts Contribution To Global Climate (scam) Fund By Half”

  1. Dana says:

    I guess that wasting 50p is an improvement over wasting £1.00, but . . . .

  2. Elwood P. Dowd says:

    Mr Teach (scam) typed: “What are those growing security threats?”

    Donny’s xenophobia (and subservience to Putin) has changed the world order, so European nations have to be concerned about Russian aggression. The United States is a nation in rapid decline thanks to Donny and his worshippers.

  3. david7134 says:

    Fat Jeff,
    Actually, none of that is true.

  4. Professor Hale says:

    The UK is dropping out of that because they never signed up to be the bill payer. They expected the USA to fund the payoffs and they could collect some. And just like the war in Ukraine, they hope they can keep the program alive until Trump leaves office and the gravy train resumes operations. All of the global climate treaties were about wealth transfers from the USA to the well-connected international aristocracy. China this year alone will produce more carbon pollution than all the other nations expected to reduce for the past 20 years… combined. And not one story in the legacy media points that out.

  5. Professor Hale says:

    Schroedinger is having a big year.

    Schroedingers Russia: at the same time cannot refeat Ukraine but is a threat to Europe.

    Schrodingers Trump: at the same time can order Texas politicians to redistricting but can’t order republicans in the senate to pass hugely popular SAVE America act.

    Schrodinger’s redistricting in Virginia, at the same time, the current map is unfair but democrats would return to it in 2030.

    Schroedinger’s black people: at the same time must have special districts to elect black people to congress, even when those districts elect white people and exclude black candidates.

    • Elwood P. Dowd says:

      Russia already HAS nukes and a more powerful military than Iran, a so-called shithole country that is leading the “hottest” country on Earth into an economic recession. It IS true that the steadfastness of NATO has weakened Russia over the years – no thanks to Putin’s boy, Deteriorating Donny.

      Erwin Schrödinger won the 1933 Nobel Prize in Physics with Paul Dirac for their work on atomic theory. He is recognized for devising the Schrödinger equation that provides a way to calculate the wave function of a system and how it changes in time. He and others demonstrated that subatomic particles and even photons have characteristics of both waves and particles!

    • drowningpuppies says:

      Sorry Professor but I don’t think Rimjob understood your post.

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