Saturday, December 2, 2023

Developed nations will pay UN climate reparations

Developed countries including the U.S., the UK, Germany, and Japan have agreed to pay millions in climate reparations to the United Nations, for a fund intended to compensate vulnerable nations for 'climate-induced disasters.'

Cameron Pledges £60 Million in UN Climate 'Reparations' | Epoch Times | Owen Evans: 

December 1, 2023 - "The UK government has agreed to pay tens of millions in climate 'reparation Loss and Damage funds at this year's U.N. COP28 summit. On Friday, the UK government pledged a £60 million contribution to the world’s poorest countries affected by climate change at the U.N. Climate Change Conference in Dubai. The Loss and Damage fund is a plan to get wealthy nations that benefited from fossil fuels during the Industrial Revolution to compensate developing states....

"UK Foreign Secretary David Cameron wrote on X, (formerly known as Twitter), that it is 'vital we build on our support to the developing countries most impacted by climate change.' 'That's why the UK has pledged up to £60m at COP28 to help repair the loss and damage caused by events such as floods and crop failure,' he added.

"Last year, countries reached an agreement on establishing a fund to compensate vulnerable nations for "loss and damage" from "climate-induced disasters." The Guardian reported that this year's funding is close to $429 million, with pledges from host country UAE as well as Germany, the United States and Japan. 

"According to the government, loss and damage funds are 'often framed as an act of compensation or reparation from more developed countries' though it said that 'these terms are not used in the COP agreement.... However, some small island states are exploring avenues of legal redress on the liability of historically high emitters,' it added. Prime Minister Rishi Sunak has said 'reparations' for climate change were 'not on the table' at COP27 last year.

"A study published in 2019, quoted by Parliament, calculated that loss and damage for developing countries could rise from between $290 billion and $580 billion in 2030 and reach over $1 trillion by 2050.... Labour MP Afzal Khan shared a statement on Friday saying that 'a serious commitment to climate finance for loss and damage at this year's COP28 conference is absolutely essential to support individuals who are made refugees in their own country as a result of extreme weather events'.... 'It is thought there will be 1.2 billion climate refugees in the next 25 years, with the impacts of climate change worsening, acting now is the only viable option," added Mr Khan.'

"Net Zero Watch's Head of Policy Harry Wilkinson told The Epoch Times by email that 'countries suffering from the effects of extreme weather should be supported, particularly poorer countries.... However, it would be a mistake to view this in transactional terms,' he said. 'Industrialisation has clearly had huge benefits and it’s important to remember that the IPCC [Intergovernmental Panel on Climate Change] concludes that there is low confidence in any global trends for most forms of extreme weather. Ultimately, it will be economic growth, which means that extreme weather events have a smaller and smaller impact on our wellbeing,' added Mr. Wilkinson....

"Climate researcher and creator of Climate Debate, Ben Pile, told The Epoch Times that on the face of it, the £60 million contribution gesture 'is in fact peanuts'.... 'India's GDP is likely to rise by 1,000 percent over the coming decades. So neither the UK's contribution, nor the entire fund itself makes any difference to Indians, and would be a bad deal for them, if they were to take it as a bribe on a per-capita basis, versus their continued economic and industrial development,' he added. He maintained that India and other countries would "all be better off burning coal, oil and gas.' 'And so they would be if, rather than destroying our own economies, we kept the supply of affordable and abundant energy, too. It would mean we would be able to better trade with developing economies,' he said.

"Mr. Pile was deeply sceptical about aid, which he has previously called 'an instrument intended to secure the establishment's/government's agenda.... 'The point of these budgets, however, is not to deliver any good to people in need in the world. It is to keep afloat the parasitic fake civil society organisations and politically-motivated fake "research" organisations that depend on government largesse and eco-billionaire handouts,' he said."

Read more: https://www.theepochtimes.com/world/cameron-pledges-60-million-in-un-climate-reparations-5539441

Climate Reparations - What Is Owed? (COP 27) | Climate Emergency Forum | November 27, 2022:

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