Many governments are yet to set targets, leaving recipient countries struggling to plan and attract private investment
Developing countries have been left in limbo by the failure of some of the world’s biggest economies to flesh out their plans for new climate finance.
Poor countries are supposed to receive $300bn a year from the governments of industrialised nations by 2035, along with about $1tn from other sources, to help them cope with the effects of extreme weather and shift to a low-carbon future.
But many rich governments have not yet set out their targets and plans for providing climate finance beyond the end of this year or next. This gap is damaging because it means recipient countries cannot plan and makes it harder for them to attract private sector investment to supplement the public sector money.
They aren’t delaying them, they are scrapping them.
They have chosen to build data centers instead. As the Tech Bros force ai down the throat of humanity.
As most Western leaders salivate at the prospect of total surveillance AI is promising them.
Why should Australia be funding China? China has more money, they have the most of any country other than USA (and might have more)
Yet China is a major recipient of the NCQG funding.
We’re not going to provide anything to a slush fund for China and instead directly fund our island neighbors through PCIFP and APPET.
