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Earth

Poorer Nations Must Be Transparent Over Climate Spending, Says Cop29 Leader (theguardian.com) 49

Poor countries must demonstrate clearer accounting and transparency to back up their calls for trillions of dollars of climate finance, the president of global climate negotiations has said. From a report: Mukhtar Babayev, the ecology minister of Azerbaijan, who will lead the Cop29 UN climate summit in November, urged governments in developing countries to draw up reports showing their progress on cutting greenhouse gas emissions, and their spending on the climate crisis. "It's very important to build this correct, good and honest trust between the parties," he said in an interview in Baku, the capital of Azerbaijan. "It's a very, very important step, the creation of a transparency mechanism between the countries."

At Cop29 in Baku, countries will be expected to come up with a new global goal on supplying climate finance to poorer countries, to help them cut their greenhouse gas emissions and adapt to the impacts of extreme weather. Some governments from the global south are calling for the sums to reach more than $1tn a year. These pledges are expected to be subject to bitter wrangling at Cop29, as rich countries are unlikely to agree to provide anything like such sums from their taxpayers but the role of other sources of finance -- such as the private sector -- is still in question.

Poorer Nations Must Be Transparent Over Climate Spending, Says Cop29 Leader

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  • by groobly ( 6155920 ) on Monday May 06, 2024 @12:53PM (#64451708)

    Hahahahaha. Oooh, that was so funny, it hurt.

    • Re:Haha. (Score:5, Insightful)

      by alvinrod ( 889928 ) on Monday May 06, 2024 @01:23PM (#64451786)
      Some of these governments don't even distribute the food aid they get to their starving population. Most of these countries have negligible impacts compared to the rest of the world and having them spend any money on climate change instead of fixing more important problems seems rather silly, particularly when some leaders would consider exterminating part of their population as a valid form of CO2 reduction.
      • Re: (Score:1, Flamebait)

        by XXongo ( 3986865 )

        Some of these governments don't even distribute the food aid they get to their starving population. Most of these countries have negligible impacts compared to the rest of the world and having them spend any money on climate change instead of fixing more important problems seems rather silly,

        You misunderstood the question. They're not talking about accounting for how they spend their own money. They are saying that the poor countries have to account for the money given to them by rich countries to deal with climate change.

        particularly when some leaders would consider exterminating part of their population as a valid form of CO2 reduction.

        Nobody is proposing to kill people to solve the climate problem except for right-wing provocateurs trying to pwn the libs. That's a strawman.

    • Exactly, they can't be trusted at all

      • Pure comedy, a bunch of 1% elites telling the rest of the world what to do, how to spend their money and demanding that the first-world countries

        fund the 1% elite jobs program at UN and NGO environmental agencies,
        fund the graft in third-world countries
        and pretend that things are going to get better.
        and exclude China, one of the largest polluters over the last 50 years from any pressure

        It's as simple as using trade policy to 'encourage' high polluting third-world countries to allow regular pollution audits,

  • Poor countries must demonstrate clearer accounting and transparency to back up their calls for trillions of dollars of climate finance,

    Why, when no first world nation does the same?

    At this point trillions of dollars have gone into climate related slush funds with much of it siphoned off to make some very rich people incredibly richer, with a tiny portion actually going to real efforts to help the environment.

    Why shouldn't the third would be allowed to dine at the same trough? Sounds like a racist thing if

    • by Smidge204 ( 605297 ) on Monday May 06, 2024 @01:13PM (#64451754) Journal

      > Why, when no first world nation does the same?

      Because first world nations are spending their own money. These nations are not; They are soliciting funds from others, and the lenders would like to know where the money is going.

      Regardless of the bullshit you clearly believe about how these projects are funded domestically, this ask seems entirely reasonable.
      =Smidge=

      • First world nations plundered the developing world. The wealth they have is stolen
        • Re: (Score:3, Informative)

          by wyHunter ( 4241347 )
          Since most of the wealth of the first world has been scientific and technical innovation and progress, think again.
          • So you don't think the scale and scope of slavery and colonialism has anything to do with the relative wealth between western nations and post colonial nations?
            • You'll note I said 'most of the wealth.' And to what nations do you refer?
              • Let's pick a few: U.S., U.K., France, Netherlands, and Germany.

                Also, what do you mean by "most of the wealth," because initial conditions and compounding interest play a huge role. Not to mention the ongoing forms of theft, that, for example, Niger and other nations in the Sahel have recently rejected.
                • A huge amount of exploitation today is because of corrupt leaders in third world countries. Frankly, other nations need to stop meddling in Africa's affairs, I'm looking at the US/EU/China/Japan; whilst some argue that China is still a developing nation , I think at this point given their capabilities they're first world. But this meddling today is more because of corrupt leaders taking bribes - something which is happening at an incredible scale in the first world today, too. Alas, it's the citizens acro
                  • The corruption by western nations is two sided. If a leader isn't corruptible they will murder our coup them until they can get a leader who will take bribes. China doesn't do anything like that and please provide concrete and specific of China exploiting developing nations.
      • Because first world nations are spending their own money.

        Excuse me? As a taxpayer I can very much assure you they are NOT spending "their own" money. They are spending the money of the citizens of those countries.

        They spend either my tax money, OR by printing more money destroy the purchasing power of money I have. Either way they are spending my money.

      • by AmiMoJo ( 196126 )

        Essentially we are saying to those developing nations that they should not follow what we did and industrialize as cheaply as possible. We can't realistically say they must not improve their quality of life and wealth to Western levels, as after all we benefitted greatly by screwing up the climate.

        So we need to provide assistance. Technology and expertise are welcome, but of course there is the colonialism issue... Naturally people in developing nations are a bit wary of big foreign investments in infrastru

        • > Essentially we are saying to those developing nations that they should not follow what we did and industrialize as cheaply as possible.

          1) There was no real alternative at the time. There is now.

          2) Fossil fuels are NOT cheap. They might be cheap to deploy, but sustaining them requires money and clout that even some nations we consider to be industrial struggle with sometimes. That's not even getting into the LOCAL political problems it causes.

          Nobody is saying they must not improve their quality of life;

    • How is that different than most forms of government spending?
      • I would certainly like to see a cost accounting of everything the US government spends. Of course, that's as much of a fantasy as communism working or the libertarian party ever being in power.
    • This is a backdoor for western powers to keep control of developing nations through further corruption of their ruling class
    • At this point trillions of dollars have gone into climate related slush funds

      Citation needed.

    • It's a shakedown. The audits are a result of suckers waking up to the reality that they've been conned (or that they've conned themselves).

  • China (Score:3, Interesting)

    by bill_mcgonigle ( 4333 ) * on Monday May 06, 2024 @01:44PM (#64451832) Homepage Journal

    China is 40% and likely growing to 70% over the next two decades.

    What's the plan?

    China Badger don't give a fuck.

    If the plan is to pray for China to have a change of heart then they should put their money into churches.

    Otherwise adaptation.

    The bonus of adaptation is it works even if the computer models have errors.

    Which, of course they do.

    • by AmiMoJo ( 196126 )

      We have moved on from denying climate change is real to saying we shouldn't do anything because China isn't.

      Of course, in reality China is way ahead of almost everyone else. 5 years ahead of their agreed Paris target. More wind and solar than the rest of combined, and more new capacity installed every year than everyone else as well.

      China is on the same curve we followed, where they peak in the next few years, and then fall. But they are going to fall faster than we ever did, even if they don't increase the

    • What's the plan?

      China Badger don't give a fuck.

      Actually China Badger does give a fuck and are investing more in green energy than anyone else. When all is said and done history will look to China's ascension as a first world industrial nation and remember that it did so contributing only a small fraction of the emissions per capita than America did.

      But hey that's why they call it the first mover advantage. You can stand upon your mountain of hypocrisy and point the finger at someone else, all the while continuing to emit more per capita than those you c

  • Fuck off. How about zero. I'm done being guilt-tripped into paying. If you feel like you've been cheated because you can't build your economy up on fossil fuels, look up leapfrogging [wikipedia.org].

  • Poor nations are going to tell the rest of the industrialized World to go F themselves over the entire Climate Change thing.

    They're going to remind those like the United States that they did absolutely nothing to slow down pollution of any kind while they
    were going through their Industrial Revolution and to make demands on everyone else to do so now is simply hypocritical.

    That whole " Do as I say, not as I do " thing :|

  • Like a satellite to measure greenhouse gases, and watch water and land temperatures. We obviously can't trust random things someone tells us. If we're already double checking, then why do we need them to estimate in the first place?

    Apply tariffs and taxes globally based on the effect those items have to the rest of the world. Subtract from them if the country can prove they're mitigating the problem, but only if that proof has measurements and tamperproofing. It shouldn't be rocket science to record dat

  • Global military budget is around one trillion.
  • ... demonstrate clearer accounting and transparency ...

    Meaning: Rich countries willfully, do nothing for decades and now demand poor countries do something.

    TL;DR: "Not my fault", you go.

  • And What, Expose the Graft of the nations of the lower half of the economic world.

"Go to Heaven for the climate, Hell for the company." -- Mark Twain

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