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Rich nations pledged to pay for climate damages. Where’s the money?
The Washington Post via MSN ^ | February 2, 2023 | by Steven Mufson

Posted on 02/02/2023 6:09:19 AM PST by Oldeconomybuyer

There were high hopes in November when a global climate summit in Egypt adjourned with the creation of a fund to help poor countries cope with the ravages of global warming.

But less than three months later, there are few signs that the United States and other wealthy nations will step up to bankroll the much-hyped fund. That’s why U.S. climate negotiator John F. Kerry said he had a succinct answer last month — at the Davos international economic conference — when he was asked about what he needed.

“Money, money, money, money,” Kerry recalls saying.

“It’s what we need,” the White House climate envoy added in a recent meeting at The Washington Post. “We need it for the developing world. We need it for the right choices to be made [and] to leapfrog the mistakes.”

Two months after the U.N. Climate Change Conference ended in Egypt, the hopes and promises of that COP27 summit are fading. Countries are struggling to raise large and steady streams of capital needed to shut down fossil fuel plants, switch to renewables, retrain workers, and establish a fund for losses and damages suffered by poor nations after climate-induced disasters and a century of wealthy countries’ carbon emissions.

During his visit to The Post, Kerry said that while large amounts of money have been committed to plans to close coal plants in South Africa, Indonesia and Vietnam, there were still “trillions sitting on the sidelines.”

(Excerpt) Read more at msn.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: 32trillionindebt; debtornations; ecoterrorism; ecoterrorists; globalwarming; globalwarminghoax; greennewdeal; hoax; kerry; lurch; propaganda; socialism; traitor; vietnam; whatrichnations

1 posted on 02/02/2023 6:09:19 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

All this money...any any “common sense” person knows we can’t change the climate. It is what it is...since the beginning of time.


2 posted on 02/02/2023 6:11:40 AM PST by Sacajaweau ( )
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To: Oldeconomybuyer
“Money, money, money, money,” Kerry recalls saying.

What an a-hole.
3 posted on 02/02/2023 6:12:54 AM PST by AnotherUnixGeek
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To: Oldeconomybuyer

Kerry is an irrelevant hanger on


4 posted on 02/02/2023 6:15:25 AM PST by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day )
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To: Oldeconomybuyer

What “climate damages”?! Sunburn? Frostbite?


5 posted on 02/02/2023 6:17:16 AM PST by albie
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To: Oldeconomybuyer

John, at some point AlGore will have made enough money, money, money. Give it a rest.


6 posted on 02/02/2023 6:19:37 AM PST by Chad C. Mulligan (eleutheromaniac)
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To: Oldeconomybuyer

All that money is going to fight Biden’s war in Ukraine


7 posted on 02/02/2023 6:23:18 AM PST by rottweiller_inc (inter canem et lupum)
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To: Oldeconomybuyer

Open your wallet. That’s where it’s coming from.


8 posted on 02/02/2023 6:23:57 AM PST by SkyDancer (Hold on tight to your dream)
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To: Oldeconomybuyer

You don’t need money. You need a plan for all of America to see. Absent that, Kerry and the rest of the cabal can FOAD.


9 posted on 02/02/2023 6:26:24 AM PST by EQAndyBuzz (“Racist” is the new “Nazi”.)
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To: Oldeconomybuyer
Rich nations pledged to pay for climate damages. Where’s the money?

Where's the damages?

10 posted on 02/02/2023 6:27:05 AM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: Oldeconomybuyer

You don’t get actual cash. You get “projects” like roads built at a little higher altitude built by friends of the Western politicians. Most of the money will go into their pockets and the road will fall apart in three years.


11 posted on 02/02/2023 6:29:13 AM PST by KarlInOhio (Gain of Pfunction. Gain of Pfunding. Gain of Pfizer )
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To: Oldeconomybuyer

As soon as there is damage caused by climate change they will pay up.


12 posted on 02/02/2023 6:32:24 AM PST by pas
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To: Oldeconomybuyer

What ravages?


13 posted on 02/02/2023 6:36:41 AM PST by Nifster (I see puppy dogs in the clouds )
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To: Oldeconomybuyer
The con game continues.

Aided and abetted by the mainstream media.

14 posted on 02/02/2023 6:39:00 AM PST by Worldtraveler once upon a time (Degrow government)
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To: Oldeconomybuyer

Where’s the money? In YOUR bank account, where else?


15 posted on 02/02/2023 6:48:01 AM PST by fortes fortuna juvat (Democrat politicians and voters are dangerous psychopaths. They confirm it everyday.)
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To: bert

Kerry is an irrelevant hanger on
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Possibly even more despicable than Bidet, Ryan, or Linda or that Cheney skank!


16 posted on 02/02/2023 6:50:34 AM PST by fortes fortuna juvat (Democrat politicians and voters are dangerous psychopaths. They confirm it everyday.)
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To: Oldeconomybuyer

The promise is as bogus as the “Climate change”.

Utter rubbish.


17 posted on 02/02/2023 7:19:09 AM PST by ASOC (This space for rent)
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To: Oldeconomybuyer

Time to take all the technology, advancements in medicine and anything else provided to these freeloading, sit on your ass all day countries who think America owes them something away from them or make them pay for it. The bass turds also need to start paying us back ALL OF THE FOREIGN AID MONEY they stole from the American taxpayers for their craphole country to survive.


18 posted on 02/02/2023 7:30:43 AM PST by FlingWingFlyer (Spay and neuter your "migrants" and liberals.)
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To: Oldeconomybuyer

Maybe John F. Kerry should pay some of his fortune ... I mean his wife’s fortune, because he probably can’t earn a nickle base on his own talent, to start the funding


19 posted on 02/02/2023 9:09:45 AM PST by antidemoncrat
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