Lmst

We can move beyond the capitalist model and save the climate – here are the first three steps | Jason Hickel and Yanis Varoufakis https://www.theguardian.com/environment/commentisfree/2026/feb/12/capitalist-model-climate-growth-capitalism-species-humanity #EconomicPolicy #EnergyIndustry #Energy #Politics #UkNews #WorldNews #ClimateFinance #Business #Environment

UK plans to cut climate finance to poor countries by a fifth despite promising more help https://www.theguardian.com/environment/2026/feb/05/uk-cut-climate-finance-poor-countries-by-fifth #ClimateAid #ClimateFinance #Environment #ClimateCrisis #UkNews #Politics

" Rudd had proposed a resources super profits tax in May 2010, which would have taxed the profits reaped by mining companies at 40%. The measure would have generated $9bn annually, according to government forecasts.
Epstein files reveal Peter Mandelson supported campaign to undermine then-Australian PM Kevin Rudd’s mining super profits tax. "
>>
https://www.theguardian.com/australia-news/2026/feb/03/epstein-files-peter-mandelson-kevin-rudd-mining-super-profits-tax
#education #health #transport #ClimateFinance #tax #mining #extractivism

New on our blog!

New Treaties, Old Outcomes

Balanced investment treaties are often sold as a solution to the legitimacy crisis of Investor-State Dispute Settlement (ISDS). States now incorporate detailed clauses, right-to-regulate provisions, and carve-out clauses to strike a balance between domestic regulatory space and investor rights. Yet in practice, these balanced

#ClimateFinance #Finances #InternationalInvestmentLaw

https://voelkerrechtsblog.org/new-treaties-old-outcomes/

@marsiposa That is one example that kind of fits, yes.

The actual space I'm looking at at the moment though is physical climate-related financial risk disclosures. Thinking about how the results of risk assessments are not truly verifiable (even in the future they are only really verifiable at the economic scale, not for individual businesses).

I think that this means there is the possibility that the norms of the industry (a system made up of businesses, investors, risk assessors, regulators, etc. etc.) might drift such that the standard/"best practice" approaches become less and less representative of the true underlying risk profiles, because they are not strongly tethered by a responsive feedback loop of error detection and correction.

#climateScience #climateRisk #ClimateFinance #complexSystems #systemsThinking

Australian billionaires increased their wealth by almost $600,000 a day on average over last year, report shows

* "... The wealth of billionaires globally was “growing at an unprecedented speed, three times faster than we’ve seen it grow in the past”. What we’re seeing is tax systems that work for the wealthy and tax systems that are not working to actually fill the government coffers with money that could provide support for things like housing, or childcare support."

"The report said while the number of billionaires is growing, more than 3.7 million people live in poverty in Australia, including 757,000 children under 15 years of age One in three households experienced food insecurity last year, meaning they stressed about or struggled to put food on the table."
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https://www.theguardian.com/australia-news/2026/jan/19/australian-billionaires-increased-their-wealth-by-almost-600000-a-day-on-average-over-last-year-report-shows

* A global minimum tax on billionaires and trillionaires
https://mastodon.au/@Bellingen/115884622806752228
#tax #UltraRich #DavosMan #inequality #SocialCohesion #SocialFabric #Australia #ClimateFinance

Great to meet a good friend again: Yasmine Fouad, the ES of the @unccd.bsky.social@bsky.brid.gy. Together we facilitated 2018 at #COP24 in Katowice on #climatefinance. Now she is leading the UN Rio Convention on #land and #soil. Enormously relevant for #water, #biodiversity, #climate and of cause #food!

Tax and social cohesion
On the benefits of a (modest) billionaire tax, Economist Gabriel Zucman

"A global minimum tax of 2% on billionaires would not only generate substantial revenue for governments worldwide...but would also restore a sense of fairness."

“The key benefit of a global minimum tax on billionaires is not only that it would generate substantial revenue for governments worldwide — about $250 billion a year — but also, and maybe most importantly, that it would restore a sense of fairness,”

“For the first time in decades,” he continues, “billionaires would pay at least the same effective tax rate as nurses, teachers or secretaries, ending a situation where, in many countries, the very richest pay less than the middle class. It’s a modest, pragmatic reform, but it would make a big difference for our democracies and social cohesion.”
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https://news.berkeley.edu/2025/07/25/berkeley-talks-gabriel-zucman-billionaire-tax/

Gabriel Zucman >>
https://gabriel-zucman.eu/policy-debates/

#SocialCohesion #inequality #tax #billionaires #UltraRich #WealthTax #PublicServices #SocialFabric #equality #ClimateFinance

The economics of climate risk ignores the value of natural habitats
#Environment #ClimateRisk #NatureEconomy #SustainableFinance #Biodiversity #Ecosystems #ClimateFinance #EnvironmentalEconomics #FinancialStability #NaturalCapital #ClimateAdaptation
https://the-14.com/the-economics-of-climate-risk-ignores-the-value-of-natural-habitats/

Africa: Africa's Climate Finance Rules Are Growing, but They're Weakly Enforced - New Research: [The Conversation Africa] Climate change is no longer just about melting ice or hotter summers. It is also a financial problem. Droughts, floods, storms and heatwaves damage crops, factories and infrastructure. At the same time, the global push to cut greenhouse gas emissions creates risks for… http://newsfeed.facilit8.network/TQHt4m #ClimateChange #Africa #ClimateFinance #Sustainability #EnvironmentalImpact

The Guardian view on adapting to the climate crisis: it demands political honesty about extreme weather | Editorial https://www.theguardian.com/commentisfree/2025/dec/26/the-guardian-view-on-adapting-to-the-climate-crisis-it-demands-political-honesty-about-extreme-weather #ClimateCrisis #HurricaneMelissa #Jamaica #Drought #Wildfires #Cop30 #ClimateFinance #Science #Environment #WorldNews #Water

Is money the root of all evil?

Money and the power that goes with it are often considered a threat to the rest of us. But that is not always the case.

My wife has identified individuals & organisations that donate money to the fight against climate change. This could well make our futures better. It gives us hope!

There are suggestions in the blog that most of us can use to help that struggle.

https://agrandmothersdream.com/is-money-the-root-of-all-evil/

#climatechange
#hopeforthefuture
#climatefinance

World Bank Report Calls for Stronger Climate Adaptation to Safeguard Gabon’s Growth and Livelihoods

LIBREVILLE, December 2, 2025 – The Gabon Country Climate and Development Report (CCDR), released today, explores Gabon’s prospects for…
#NewsBeep #News #Headlines #Africa(AFR) #Climatechange #ClimateChangeAdaptation #ClimateFinance #Gabon(GA) #GreenGrowth #Latvia #LV #SustainableEconomicGrowth
https://www.newsbeep.com/288815/

UK MPs push for extra aid and visas as Jamaica reels from Hurricane Melissa https://www.theguardian.com/world/2025/nov/29/uk-mps-extra-aid-humanitarian-visas-jamaica-hurricane-melissa-dawn-butler #CommonwealthofNations #Humanitarianresponse #Immigrationandasylum #Globaldevelopment #HurricaneMelissa #Climatefinance #Climatecrisis #Environment #Colonialism #DianeAbbott #DawnButler #Greenparty #Hurricanes #Worldnews #Caribbean #Americas #Monarchy #Politics #Jamaica #Society #UKnews #London #Aid

#TFFF
"Billions of dollars would be raised by multilateral banks which would buy public and private bonds from the Global South, and these countries end up paying interest to the very agents who “finance” their preservation. It is a mechanism that transfers wealth from the South to the North while turning forests into assets, and territories and ways of life into risk metrics." ~ Landless Workers' Movement (#MST Brazil)

#Cop30 #ClimateFinance

https://thetricontinental.org/newsletter-na-cop30-ecological-transition/

#climatefinance

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