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News and Current Events > US Cancels Climate Change Aid For Developing Nations

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message 1: by Robert (new)

Robert Zwilling | 2996 comments US spending bill leaves out most of the climate change funding President Biden sought because he pledged the US would provide funds at COP27. Specifically 11 billion a year for climate aid for developing countries. China and India will probably also not contribute anything, which leaves Europe to fund those programs.

One option the developing countries have is not to payback loans made to them by developed countries and financial institutions.

https://www.yahoo.com/news/spending-b...


message 2: by Clare (last edited Feb 02, 2023 07:12AM) (new)

Clare O'Beara | 9462 comments Mod
China, India and Pakistan, all of which have nuclear weapons. All considered developing nations and receiving grant aids. All burning coal.

According to this fiction book based on fact, in South Africa, money gets stolen fast through corruption and tribalism and violence or intimidation.

The Elephant Conspiracy
The Elephant Conspiracy by Peter Hain


message 3: by Clare (new)

Clare O'Beara | 9462 comments Mod
Here is a report on a massive corporation run by a family in India. I have been asked to publicise the report, by SumOfUs.

https://hindenburgresearch.com/adani/

"The conglomerate is involved in a wide array of businesses, largely focused on key infrastructure projects such as development of ports, mines, airports, data centers, power generation and power transmission."


The Guardian says:

https://www.theguardian.com/environme...

"One of India’s few pristine and contiguous tracts of forest, Hasdeo Arand sprawls across more than 1,500 sq km. The land is home to rare plants such as epiphytic orchids and smilax, endangered animals such as sloth bears and elephants, and sal trees so tall they seem to brush against the sky.

The forest also contains an estimated 5bn tonnes of coal. This coal is located close to the surface, which makes it easy to mine. The federal government has divided the region into 23 “coal blocks”, six of which it has approved for mining. The Adani Group has bagged the contracts to mine four of those six, including the one that encompasses Kete and adjoining villages. The construction of these mines will destroy at least 1,898 hectares of forest land. The specific coal block under Kete has about 450m tonnes of coal, worth about $5bn."


message 4: by Clare (new)

Clare O'Beara | 9462 comments Mod
Here is an example of how funding to NGOs can go a long way in the least developed nations.

Under the Big Tree: Extraordinary Stories from the Movement to End Neglected Tropical Diseases
Under the Big Tree Extraordinary Stories from the Movement to End Neglected Tropical Diseases by Ellen Agler


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