Why Is Brazil’s Climate Fund Giving Hundreds of Millions to Big Ag?

https://drilled.media/news/ethanol-story1

Almost $500 million has flowed from the Climate Fund to corn ethanol projects from companies with environmental violations…

#Brazil #ClimateFund #Diverted #BigAg #Ethanol #EnvironmentalViolators #COP30 #AgTrap #BNDES #Deforestation #IncreasedGHGs #IncreasedPesticides #GMO #Monoculture #USfinancing #IllegalLogging

Amazon founder Jeff Bezos plans to sell $4.8 billion worth of company shares over the next year, continuing his trend of stock divestment since stepping down as CEO in 2021.
#YonhapInfomax #JeffBezos #Amazon #StockSale #BlueOrigin #ClimateFund #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61652

The #ClimateFinanceActionFund will take financial contributions from #FossilFuel-producing countries and companies and use the money to invest in projects in the developing world that reduce #GreenhouseGas emissions and help build resilience to the impacts of #ExtremeWeather.

#Cop29 host #Azerbaijan seeks $1bn from fossil fuel producers for #ClimateFund
https://www.theguardian.com/world/article/2024/jul/20/cop29-host-azerbaijan-seeks-1bn-from-fossil-fuel-producers-for-climate-fund

The total promised value of the climate fund agreed upon at the #cop28, will be less than what Saudi Arabia pay their 6 top football players yearly.

https://www.information.dk/udland/2023/12/hvedebroedsdagene-paa-cop28-ved-vaere-forbi?lst_frnt

#ClimateChange #climateCrisis #climateFund

The total promised value of the highly celebrated new climate fund agreed upon at the #cop28 will cover around 0,15 % of the annual amount needed

(literally just a drop in the ocean of the first year's costs, and then nothing for successive years)

https://www.information.dk/udland/2023/12/hvedebroedsdagene-paa-cop28-ved-vaere-forbi?lst_frnt

#climateFund #climateCrisis #climatechange #humanRights

Use of €60bn COVID debt for climate fund unlawful, German top court rules https://www.euractiv.com/section/economy-jobs/news/use-of-e60bn-covid-debt-for-climate-fund-unlawful-german-top-court-rules/?utm_source=dlvr.it&utm_medium=mastodon #ChristianLindner #Climatefund #COVID19crisis

Use of €60bn Covid debt for climate fund unlawful, German top court rules https://www.euractiv.com/section/economy-jobs/news/use-of-e60bn-covid-debt-for-climate-fund-unlawful-german-top-court-rules/?utm_source=dlvr.it&utm_medium=mastodon #ChristianLindner #Climatefund #COVID19crisis