Climate Funds Mobilised

Two weeks ago, Julie Bishop signed Australia up to the UN’s ‘Sustainable Development Goals’. Within that was Goal 13, Target 4: (CommunismClimate Action):


That’s not a one-off $100 billion by the way. That’s $100 billion ANNUALLY.

It hasn’t taken long for chunks of those funds to be called on:

Development banks including the World Bank have pledged an additional $US15 billion ($A20.66 billion) a year by 2020 to fight climate change. 

‘We are committed to scaling up our support for developing countries to battle climate change,’ World Bank president Jim Yong Kim said in a statement.

‘As we move closer to Paris, countries have identified trillions of dollars of climate-related needs. The Bank, with the support of our members, will respond ambitiously to this great challenge.’

French finance ministry officials said other development banks including the European Investment Bank, Asian Development Bank and Inter-American Development Bank had made similar pledges for a total of $US15 billion in new funds.

Why do I get the feeling that we’re never going to given an itemised account of what this money actually gets spent on?

I wonder how many starving mouths $100 billion per annum could feed? Of course, as we know, internet and climate change are far more important to the UN than hunger.

2 thoughts on “Climate Funds Mobilised”

  1. Is there a place where I can put my name down to claim some of the fund money? Climate change has severely impacted on my bad back !


Leave a Reply


You are commenting using your account. Log Out /  Change )

Google photo


Twitter picture


Facebook photo


Connecting to %s