Jochen FlasbarthOct 15
In Brasilia at #PreCop30 we had a productive #TeamEurope EU-China meeting. We exchanged views about key topics of #COP30 - response on collective #NDCs, #cimatefinance, #adaptation and forests, #TFFF. We share the conviction that #climateaction needs multilateral collaboration.
Larry NeufeldApr 29, 2024
End subsidies and tax fossil fuels to help pay for the damage they've caused: Taxing big fossil fuel firms ‘could raise $900bn in climate finance by 2030 #CimateFinance #fossilfuels #ClimateCrisis https://www.theguardian.com/environment/2024/apr/29/taxing-big-fossil-fuel-firms-raise-billions-climate-finance?utm_source=cbnewsletter
Taxing big fossil fuel firms ‘could raise $900bn in climate finance by 2030’

Levy on oil and gas majors in richest countries would help worst-affected nations tackle climate crisis, says report

The Guardian
Doug BostromNov 1, 2023

Some uncomfortable questions.

"... if we are still debating whether a relatively easy (or something that should be relatively easy) target of mobilizing USD 100 billion in climate finance for the developing world by 2020 has been achieved, how and when will the international community be ready to discuss the annual flows of USD 4.4 to USD 9.3 trillion in global climate finance that will be needed by 2030?"

Last para has net result.

#CimateFinance
#ClimateJustice

https://journals.plos.org/climate/article?id=10.1371/journal.pclm.0000302

Understanding the USD 10+ trillion climate finance dilemma: Implications for the 2023 COP28 climate conference