CCS #7: Climate Bonds A $100T Industry; Int’l Econ Forum Of The Americas

(All brought to you by Power Corporation. Who does that even surprise in this day and age?)

1. Debunking The Climate Change Scam

The entire climate change industry, (and yes, it is an industry) is a hoax perpetrated by the people in power. See the other articles on the scam, the propaganda machine in action, and some of the court documents in Canada. Carbon taxes are just a small part of the picture, and conservatives are intentionally sabotaging their court cases.

2. Important Links

(1) https://forum-americas.org
(2) https://forum-americas.org/montreal/2019-edition/speakers/
(3) https://forum-americas.org/montreal/partners/
(4) https://forum-americas.org/montreal/press/videos/
(5) https://www.climatebonds.net/
(6) https://fcm.ca/en/programs/municipalities-climate-innovation-program
(7) https://fcm.ca/en/programs/municipalities-climate-innovation-program
(8) ttps://farmlead.com
(9) https://www.wri.org/our-work/project/global-commission-adaptation
(10) https://asiafoundation.org
(11) https://www.theclimategroup.org
(12) https://www.wise-qatar.org/
(13) https://www.worldenergy.org/
(14) https://www.proteinindustriescanada.ca
(15) https://www.atmos.illinois.edu/cms/One.aspx?siteId=127458&pageId=151986

Note: the above is only a portion of the organizations that speakers represented at the June assembly in Montreal. There are plenty more.

Several of the speakers all have connections to the climate change fraud, and are pushing the “sustainable development agenda”. Of course, this is on top of several sitting politicians.

3. Mission And Background

The Conference of Montreal, presented for the first time in 1995 by the International Economic Forum of the Americas, is committed to heightening knowledge and awareness of the major issues concerning economic globalization, with a particular emphasis on the relations between the Americas and other continents.

The Conference also strives to foster exchanges of information, to promote free discussion on major current economic issues and facilitate meetings between world leaders to encourage international discourse by bringing together Heads of State, the private sector, international organizations and civil society.

This all seems harmless enough. But who exactly are these speakers who will undoubtedly influence sitting Premiers and Cabinet Ministers?

The 2019 Montreal event was held June 10-13. While there were many speakers, let’s look at a few.

4. Climate Bonds Initiative, $100 Trillion Industry

Climate Bonds Initiative FUNDERS include:

  • Rockefeller Foundation
  • European Climate Foundation
  • Climate Works Foundation

Sean Kidney addressed the forum as one of the speakers. Now, what does his organization do exactly?

Climate Bonds Initiative is an international, investor-focused not-for-profit. We’re the only organisation working solely on mobilising the $100 trillion bond market for climate change solutions.

That’s right. This institution is looking to set up a $100 trillion bond market for the climate change industry.

From their 2nd half of 2018 report, on the bond market released their report. This addressed the “Sustainable Banking Network”.

In 2018, the Climate Bonds Initiative partnered with the Sustainable Banking Network Green Bond Working Group and IFC to develop a mapping of existing guidelines and green bond frameworks in emerging markets. Following a survey, case study interviews and a review of 13 country and regional green bond frameworks, the first ever Green Bond Market Development Toolkit was developed including:
.
Aligning with international good practices, learning from peers, and developing common approaches are ways that can be taken by SBN members to accelerate local green bond market development. Alignment with other jurisdictions also enables cross-border issuance and investment.
.
Local market conditions must be accounted for and local market players should be involved in the design of an appropriate national guidance. Countries may choose to adopt either a principle based approach or more stringent regulation. A phased approach may be suitable for many.
.
Market integrity and credibility are key components of green bond markets. Guidance should therefore include mechanisms for ensuring quality
.
SBN members have noted the value of harmonising where possible with global definitions of “green”, “social” and “sustainability” bonds and assets. Global definitions and common categories of what qualify as impact projects and sectors will build the credibility of bonds among international investors.

Not going to quote the entire report, but the summary is pretty short (4 pages), and well worth a look.

Worth noting though: what happens when the climate change industry goes under? Will all of those bonds become worthless? Do they grow in value only as long as people keep buying into it?

5. Global Commission On Adaptation

Edward Cameron is an advisor for the Global Commission on Adaptation. He also spoke to the Montreal Forum.

The Global Commission on Adaptation seeks to accelerate adaptation action and support by elevating the political visibility of adaptation and focusing on concrete solutions. The Commission will demonstrate that adaptation is a cornerstone of better development, and can help improve lives, reduce poverty, protect the environment, and enhance resilience around the world. The Commission is led by Ban Ki-moon, 8th Secretary-General of the United Nations, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, and Kristalina Georgieva, CEO, World Bank.

Okay, this Commission is basically an extension of the UN. It’s goal is increasing visibility of climate change agenda, and pushing for it to be increased in political spheres.

It is partnered with the World Resources Institute, and covers your typical UN nonsense

  • Climate
  • Energy
  • Food
  • Gender
  • Forests
  • Sustainable Cities
  • Water

6. The Climate Group

Amy Davidson, the Executive Director of the Climate Group, addressing the Montreal panel as well. Their business partners are here, and it surprisingly includes Facebook. Let’s look at the work her group does.

OUR MISSION
Accelerating climate action.
OUR GOAL
A world of no more than 1.5°C of global warming and greater prosperity for all.
HOW WE DO IT
-We bring together powerful networks of businesses and governments, which shift global markets and policies, towards this goal.
-We act as a catalyst to take innovation and solutions to scale. And we use the power of communication to build ambition and pace.
-We focus on the greatest global opportunities for change.

Here is an attachment of their press and briefings. To summarize, it is to push the climate change “mitigation and adaptation” on the rest of the world.

7. Global Optimism

Christiana Figueres is a Costa Rican citizen and was the Executive Secretary of the United Nations Framework Convention on Climate Change from 2010-2016.
.
During her tenure at the UNFCCC Ms. Figueres brought together national and sub-national governments, corporations and activists, financial institutions and NGOs to jointly deliver the historic Paris Agreement on climate change, in which 195 sovereign nations agreed on a collaborative path forward to limit future global warming to well below 2C. For this achievement Ms. Figueres has been credited with forging a new brand of collaborative diplomacy.
.
Ms. Figueres is a founding partner of Global Optimism Ltd., a purpose driven enterprise focused on social and environmental change. She is currently the Convenor of Mission 2020, Vice-Chair of the Global Covenant of Mayors for Climate and Energy, World Bank Climate Leader, ACCIONA Board Member, WRI Board Member, Fellow of Conservation International, and Advisory Board member of Formula E, Unilever and ENI.

Okay, yet another organization pushing the climate change (or is it still global warming?) agenda. A secretary for the UN Convention on Climate Change.

8. How Will This Forum End?

To be fair, there are plenty garden variety corporate executives there. But the climate change hoax is being pushed by several speakers to an audience with real power.

Perhaps the most disturbing is the Climate Bonds Initiative. It is downright creepy to be pumping so much money and energy into what is obviously a fraud. Buying bonds or credit doesn’t reduce pollution, though it is a great way to take advantage of guilt ridden people.

The conference ended June 13. How many favours, or “investments” has Canada committed from the events of this gathering?

After all, the Federal Government did buy a pipeline that was stalled indefinitely in court challenges. Buying into these groups, including climate bonds, is not much of a leap.

Interesting to see what comes of this.

CCS #17: Climate Change Blamed For Deliberately Set Fires

(Prime Minister Justin Trudeau)

(Environment Minister Catherine McKenna)

(BC Premier John Horgan)

(Claims that 2018 BC wildfires were caused by climate change, despite RCMP reports that most, if not all, were arson)

1. Debunking The Climate Change Scam

CLICK HERE, for #1: major lies that the climate frauds tell.
CLICK HERE, for #2: review of the Paris Accord.
CLICK HERE, for #3: Bill C-97, the GHG Pollution Pricing Act.
CLICK HERE, for #4: in 3-2 decision, Sask. COA allows carbon tax.
CLICK HERE, for #5, controlled opposition to carbon tax.
CLICK HERE, for #6: controlled opposition Cons ==> Supreme Court.
CLICK HERE, for #7: climate bonds pitched as $100T industry.
CLICK HERE, for #8, Joel Wood pitching various pricing options.
CLICK HERE, for #9: Mark Carney and UN climate finance.
CLICK HERE, for #10: Goldman Sachs, Obama, Clinton, Chicago CX.
CLICK HERE, for #11: Coronavirus, Pirbright Inst, Gates, Depopulation.
CLICK HERE, for #12, AOC and the “Green New Deal”.
CLICK HERE, for #13: UN seeks new development financing.
CLICK HERE, for #14: New Development Fund, bait-and-switch.
CLICK HERE, for #15: UN exploring global taxation ideas.
CLICK HERE, for #16: Dr. Shiva Ayyadurai lays it all out.

CLICK HERE, for BOLD Like A Leopard Guest Posting.

2. CBC Debunks Politicians In Scam

CLICK HERE, for CBC article.

Firefighters were warned about string of arsons before destructive Lake Country wildfire

Soon after that disastrous July day, Smith and the other homeowners learned that investigators believed the fire had been set deliberately.

And then this week, there was more unsettling news — police had connected the Lake Country wildfire to 28 other Okanagan arson cases dating back to 2014. The RCMP have set up a task force to track down the person or people responsible.

The fires were set in Naramata, Okanagan Falls, Osoyoos, Oliver, Penticton, Summerland and Lake Country — mostly in the interface areas where wilderness meets human habitation.

The 29 wildfires include, in part, the following:
July 7, 2014, K50209, Naramata
July 7, 2014, White Lake Road, Penticton
July 9, 2014, Richter Pass, Osoyoos
July 15, 2014, Mt. Kobau, Oliver
July 15, 2014, Apex Road, Penticton
July 17, 2014, Reservoir Road / Landfill Road, Penticton
July 22, 2014, White Lake Road, Okanagan Falls
Aug. 11, 2014, Chute Lake Road, Naramata
Aug. 11, 2014, Green Mountain Road, Penticton
Aug. 13, 2014, White Lake Road, Penticton
Aug. 19, 2014, North Naramata Road, Naramata
Sept. 15, 2014, Green Mountain Road, Penticton
July 2, 2015, Canyon View Road, Summerland
Aug. 7, 2015, Pampas Grass Way, Oliver
Aug. 8, 2015, Spiller Road, Penticton
Aug. 11, 2015, Commonage Road, Lake Country
Aug. 11, 2015, Beaver Lake Road, Lake Country
Aug. 12, 2015, Gulch Road, Naramata
Aug. 14, 2015, White Lake Road, Penticton
April 9, 2016, Fairview-Cawston Road, Cawston
Aug. 17, 2016, Commonage Road, Lake Country
Aug. 17, 2016, Oyama Road, Lake Country
July 3, 2017, Pixie Beach, Lake Country
July 15, 2017, Okanagan Centre RoadW, Lake Country
Sept. 1, 2017, Westhills Road, Penticton
Sept. 1, 2017, Old Princeton Hwy, Summerland

This is where things currently are in Canada. “Progressive” politicians in Canada are so eager to push the climate change agenda that they will outright lie about arson in order to suit a narrative.

It’s disgusting. And worse, it potentially helps the actual arsonist(s) get away, by telling the public there was no crime committed.

Kirsten Jenkins: Humanizing Sociotechnical Transitions Through Energy Justice

1. Go Check Out Uppity Peasants Site


This is a fairly new site, however, it has some interesting content on it. Well researched, it will give some alternative views on how we are really being controlled. It you haven’t been there, what are you waiting for?

2. About The Authors


CLICK HERE, for the profile of Kirsten Jenkins. Side note: no shocker she has cited Frank Geels.

CLICK HERE, for Benjamin Sovacool.

He is a Lead Author of the Intergovernmental Panel on Climate Change’s Sixth Assessment Report (AR6), due to be published in 2022, and an Advisor on Energy to the European Commission’s Directorate General for Research and Innovation in Brussels, Belgium.

He has played a leadership role in winning and managing collaborative research grants worth more than $19.6 million, including those from the U.S. Department of Energy, U.S. National Science Foundation, MacArthur Foundation, Rockefeller Foundation, Energy Technology Development and Demonstration Program of Denmark, the Danish Council for Independent Research, and the European Commission. In the United Kingdom, he has served as a Principal Investigator on projects funded by the Economic and Social Research Council, Natural Environment Research Council, and the Engineering and Physical Sciences Research Council.

CLICK HERE, for Darren McCauley.

3. The Paper Itself

Humanizing sociotechnical transitions through energy justice: An ethical framework for global transformative change
Kirsten Jenkins, Benjamin K. Sovacool, Darren McCauley

Not even kidding. That is the title of the paper.

ABSTRACT
Poverty, climate change and energy security demand awareness about the interlinkages between energy systems and social justice. Amidst these challenges, energy justice has emerged to conceptualize a world where all individuals, across all areas, have safe, affordable and sustainable energy that is, essentially, socially just. Simultaneously, new social and technological solutions to energy problems continually evolve, and interest in the concept of sociotechnical transitions has grown. However, an element often missing from such transitions frameworks is explicit engagement with energy justice frameworks. Despite the development of an embryonic set of literature around these themes, an obvious research gap has emerged: can energy justice and transitions frameworks be combined? This paper argues that they can. It does so through an exploration of the multi-level perspective on sociotechnical systems and an integration of energy justice at the model’s niche, regime and landscape level. It presents the argument that it is within the overarching process of sociotechnical change that issues of energy justice emerge. Here, inattention to social justice issues can cause injustices, whereas attention to them can provide a means to examine and potential resolve them

This article is the first time I have encountered the term “energy justice”. Rather than simply dealing with a problem in a scientific and factual way, the authors add some social-justice element to it. The abstract doesn’t really explain how this works. Hopefully the body will.

Thus, it calls for greater engagement with the three-tenet energy justice approach (distributional justice, procedural justice and justice as recognition) when planning for more sustainable transitions.

Energy justice apparently consists of:

  • Distributional justice
  • Procedural justice
  • Justice as recognition

Okay, but that doesn’t really explain what it is.

Amidst serious sustainability challenges, transitions frameworks have evolved to either conceptualize or facilitate decarbonised energy systems that provide both security of supply and universal access to energy; a process that it is widely acknowledged will require new ways of producing, living and working with energy (Bridge et al., 2013; Heffron and McCauley, 2018; IEA, 2008; Mernier, 2007). In aiming to implement sociotechnical solutions, governments are increasingly utilising the language of transitions, and the concept has begun to feature in the energy policies of countries including Denmark, Switzerland and the United Kingdom (UK)

Some points that should be addressed:

  • They are quite blunt (and proud it seems) that their language is filtering into government activity.
  • Provide universal supply of energy? Is this meant to be some sort of socialist or communist idea?
  • Has it sunk in that if you remove all Carbon forms of energy that it will reduce supply, and make your universal supply harder to obtain?
  • When you say a “new way of living”, does this mean reducing the standard of living in the West to ensure that everyone has access to the same amount of energy?

Yet despite ongoing debates about ethics or justice across many fields of literature (including extended discussions between antagonist camps that have gone on across the history of political philosophy), one social element missing from transitions frameworks is explicit, practice oriented engagement with the energy justice concept and related approaches to justice concerns. Eames and Hunt (2013) draw attention to the fact that considerations of equity and justice are underrepresented within the sociotechnical transitions literature and the wider energy transitions debate, despite the fact that the concept of sustainable development, the target of many transition plans, is inherently rooted in these core notions (Hopwood et al., 2005). Transitions literatures can also fail to give due consideration to issues of landscape, health and existing property values too (Jefferson, 2017).

More points to be looked at:

  • This seems a shameless attempt to turn what is supposed to be an environmental issue into a “social justice”, and hence blur the lines.
  • “Equity and justice” and terms that need to be rammed into discussions.
  • It appears that including “social justice” would be a way to better market their ideas. They don’t seem to make an actual connection though.
  • If a platform needs to latch on to overused buzzwords to sell itself, then it’s probably not a very good platform.

Failure to adequately engage with questions of justice throughout the transition process is dangerous. It may lead to aggravated poverty, entrenched gender bias and non-participation as outcomes or by-products of ‘blinkered’ decision-making. Indeed, without a focus on justice, transitions may fail to acknowledge the burdens of having too much energy, such as waste, over-consumption and pollution, or from not having enough, where some individuals lack access, are challenged by under-consumption and poverty, and may face health burdens and shortened lives as a consequence of restricted energy choices (Sovacool et al.,2016a). This paper therefore utilizes the energy justice concept as a way of engaging with these ethical dilemmas within pre-existing transitions frameworks.

More nonsense which requires a response:

  • There is an obsession with redefining terms to suit an agenda.
  • This is energy we are talking about, not poverty, gender bias, or non-participation. That’s right, they really played the “gender” card here.
  • Burden of having too much? Can I assume the solution is to force sharing? Or rather, to force “rich” nations to hand over energy supplies?
  • Engaging with these ethical dilemmas? You haven’t demonstrated any sort of cause and effect yet.

The origins of the energy justice literature is largely reported as coming from activist accounts of energy issues using the environmental justice frame – a precursor to the energy justice concept which shares overlapping philosophical groundings

That’s right. A bunch of activists made this up.

Specifically, as environmental justice is commonly defined as the distribution of environmental hazards and access to all natural resources; it includes equal protection from burdens, meaningful involvement in decisions, and fair treatment in access to benefits……….. This approach forms the basis of the energy justice approach and framework. However, mentions of its core notions also appear elsewhere, including in the guise of the “three A’s” of availability, accessibility and affordability

It reads like the sort of nonsense one would get in a gender studies class. Only thing is that “energy” is being substituted for here.

note in this regard, that even ‘a “low-carbon” transition has the potential to distribute its costs and benefits just as unequally [as historical fossil-based transitions] without governance mindful of distributional justice’ or, as an extension, without attention to the issues of justice as recognition and due process–energy justice tenets we explore below. We argue that the energy justice concept provides one way of filling this gap.

Here, we get into some straight up Communism. Is it true that costs and benefits don’t impact everyone equally? Yes. However, there is no practical way to do this. Either you would have to forcefully arrange differences in benefits and costs to “make things right”, or you would have to alter everyone’s standard of living so that they were equal.

Guess the road to Hell could use a re-paving.

Throughout, we present three main claims, each coinciding with a level in the MLP model; the niche, regime, and landscape:

(1) That the energy justice concept can expose exclusionary and/or inclusionary technological and social niches before they develop, leading to potentially new and socially just innovation;

(2) That in addition to using the MLP to describe regimes, the energy justice framework provides a way for these actors to normatively judge them, potentially destabilising existing regimes using moral criteria;

(3) That framing energy justice as a matter of priority at the landscape level could exert pressure on the regime below, leading to the widespread reappraisal of our energy choices, and integration of moral criteria.

(1) Sounds like a way to vilify or outcast technology that is scientifically sound, because it doesn’t meet their criteria.
(2) Appears to be a method of using peer pressure and social pressure as a way of destabilizing systems.
(3) Comes across as more overt propaganda.

This governance focus means that the socio-technical literature increasingly acknowledges the political dynamics related to the process through which innovations scale, diffuse or entrench. We focus here on the most prominent socio-technical transitions framework, the multi-level perspective (MLP). The MLP takes the form of a series of nested levels, the niche, regime, and landscape

Nothing scientific. Purely political manoeuvering.

Analysis through the energy justice lens reveals that although electric vehicles (EVs) do have laudable environmental (and social) attributes, they can be exclusionary in the sense that they can perpetuate already widening gaps between the wealthy and poor, as well as potentially raising new forms and geographies of injustice – distributional and justice as recognition concerns.

I thought the point was protecting the environment. But here, they talk about how electric cars will not impact everyone equally, even if they do have considerable environmental benefits. Again, is this an argument in favour of socialism or communism?

Equal opportunity v.s. equal outcome.

In addition to applications in niches, the energy justice framework can support the current role of the MLP to describe regimes by providing a means for policy actors to normatively judge them—exposing unjust practices and resultantly, increasing regime ‘humanisation’. We illustrate this first through the exploration of nuclear power and hydroelectric power production, regimes in which there is some consensus that technological development and lock-in raises issues of justice, or injustice. We identify that the metrics, frameworks, or checklists presented above – as well as the three-tenet framework of energy justice more generally – provide a means of normatively judging both planned and current energy and future sociotechnical regimes, leading to potential re-evaluation of our energy selection criteria. These approaches also recognise the need to politicise the actualisation of energy justice itself.

Finally some honesty. This is a political agenda.

And working to “humanize” a movement? What happened to simply relying on scientific consensus?

4. Conclusions From The Paper

Energy decisions are all too frequently made in a moral vacuum, culminating in a strong normative case for combining the literature on sociotechnical transitions with concepts arising from energy justice. Moreover, we illustrate that energy justice can play a role at each level of one of the more expansive sociotechnical transitions frameworks, the MLP. Within this latter contribution, (1) the energy justice concept could expose exclusionary niches, (2) provide a means for actors to normatively judge regimes, and (3) through the framing of energy justice at the landscape level foster the reappraisal of our energy choices and integration of moral principles. Across all stages of this argument, we present a case for not only mitigating environmental impacts of energy production via sociotechnical change, but doing so in an ethically defensible, socially just way.

To repeat, this is not about environmental protection. It is about blending a social justice causes and lingo into an unrelated topic.

Our caveats come as recognition of the intricacies of politics and political processes around energy transitions and energy justice. For as Meadowcroft (2009) highlights, long-term change is likely to be even messier and more contested than the transitions literature discusses. Indeed, there are likely to be political aspects that approaches such as the MLP are ill equipped to negotiate, and trade-offs that a tenet approach to energy justice cannot entirely resolve.

This may be the most honest thing they say. Politically, this is a very tough sell. They also admit that there “energy justice” approach will not answer the hard questions.

Nonetheless, they still cover those facts in academic jargon.

5. My Own Thoughts

The authors keep repeating that they are just “framing the issue”. In reality, they are publishing propaganda.

There is nothing scientific that the paper adds. There is no building on previous work, or fact checking of previous research. It is entirely about manipulating people to their cause by pretending it is a “social justice” issue. This is blatant activism, masquerading as science.

I also noticed a lot of overlap with the Frank W. Geels article. Do they merely cite each other, or do they just republish the same articles over and over again?

This environmental movement seems to have a lot of self-inflicted problems. For example, this obsession with “energy justice” and other non-issues actually stonewalls progress that they could have made.

Frank Geels & Disruptive Innovation Framework

(From actual academic writing: Frank W. Geels)

(More academia: Sustainable Consumption Institute, Manchester University)

(Clayton Christiansen and “Disruptive Innovation” video)

(From the Uppity Peasants site)

1. Go Check Out Uppity Peasants Site


This is a fairly new site, however, it has some interesting content on it. Well researched, it will give some alternative views on how we are really being controlled.
Go check out “Uppity Peasants“.

2. Important Links


CLICK HERE, for the Sustainable Consumption Institute & Manchester Institute of Innovation Research, The University of Manchester, Denmark Road Building, M13 9PL, Manchester, United Kingdom.
CLICK HERE, for Clayton Christiansen and “Disruptive Innovation”.
CLICK HERE, for SCI Collective Action & Social Movements.
CLICK HERE, for SCI Social Inequality.
CLICK HERE, for Multi-Level Perspective on Sustainability.
CLICK HERE, for a Wiki explanation of disruptive innovation.
CLICK HERE, for removing the innovator’s dilemma.

CLICK HERE, for the Climate Change Scam Part I.
CLICK HERE, for Part II, the Paris Accord.
CLICK HERE, for Part III, Saskatchewan Appeals Court Reference.
CLICK HERE, for Part IV, Controlled Opposition to Carbon Tax.
CLICK HERE, for Part V, UN New Development Funding.

3. Quotes From The Geels Article

Disruption and low-carbon system transformation: Progress and new challenges in socio-technical transitions research and the Multi-Level Perspective

This will be elaborated on, but is about subverted the status quo, or “disruption”. Worth pointing out, that although these types of articles are published and marketed as “science”, they are anything but.

As this title would suggest, the article is extremely political. The concern is not about science itself, but how to “sell” the science. And the agenda here is searching for political methods of implementing the transition to a Carbon free

ABSTRACT
This paper firstly assesses the usefulness of Christensen’s disruptive innovation framework for low-carbon system change, identifying three conceptual limitations with regard to the unit of analysis (products rather than systems), limited multi-dimensionality, and a simplistic (‘point source’) conception of change. Secondly, it shows that the Multi-Level Perspective (MLP) offers a more comprehensive framework on all three dimensions. Thirdly, it reviews progress in socio-technical transition research and the MLP on these three dimensions and identifies new challenges, including ‘whole system’ reconfiguration, multi-dimensional struggles, bi-directional niche-regime interactions, and an alignment conception of change. To address these challenges, transition research should further deepen and broaden its engagement with the social scienceseconomy.

The usefulness of Christiansen’s disruptive innovation framework? While used in a business sense, it appears to be a way for entrepreneurs to get into a market or business. However, in this context it is used as disrupting an environmental policy.

It is mildly (or downright) creepy that the author, Frank Geels, openly suggests that research should broaden its engagement with social sciences. In plain English, this means merging, where scientific research is viewed through a “social” lens.

Christiansen’s “Disruptive Innovation Framework” is explained in the above video. Also see “disruption in financial services“.

Christensen [4] made important contributions to the long-standing debate in innovation management about new entrants, incumbents and industry structures. He argued that disruptive innovations enable new entrants to ‘attack from below’ and overthrow incumbent firms. Christensen thus has a particular understanding of disruption, focused mainly on the competitive effects of innovations on existing firms and industry structures. His framework was not developed to address systemic effects or broader transformations, so my comments below are not about the intrinsic merits of the framework, but about their usefulness for low-carbon transitions.

Christensen’s disruptive innovation framework offers several useful insights for low-carbon transitions (although similar ideas can also be found elsewhere). First, it suggests that incumbent firms tend to focus their innovation efforts on sustaining technologies (which improve performance along established criteria), while new entrants tend to develop disruptive technologies (which offer different value propositions). Second, it proposes that disruptive technologies emerge in small peripheral niches, where early adopters are attracted by the technology’s new functionalities. Third, incumbent firms may initially overlook or under-estimate disruptive technologies (because of established beliefs) or are not interested in them, because the limited return on-investments associated with small markets do not fit with existing business models. Fourth, price/performance improvements may enable disruptive technologies to enter larger markets, out-compete existing technologies and overthrow incumbent firms

Worth pointing out right away, Geels has no interest in the “intrinsic merits” of the disruptive innovation framework that Christiansen talks about. Rather, he focuses on applying that technique to reducing/eliminating Carbon emissions from society.

Christiansen’s idea could be applied fairly practically to business, where new players want to establish themselves. However, Geels “weaponizes” this idea and wants to apply it with the climate-change agenda.

Geels also makes it obvious that overthrowing incumbents is a priority. Again, Christiansen’s writings were meant with the business approach, and trying to start your own, but Geels “repurposes” it.

While Christensen’s framework focuses on technical and business dimensions, the MLP also accommodates consumption, cultural, and socio-political dimensions. Although co-evolution has always been a core concept in the MLP, this is even more important for low-carbon transitions, which are goal-oriented or ‘purposive’ in the sense of addressing the problem of climate change. This makes them different from historical transitions which were largely ‘emergent’, with entrepreneurs exploiting the commercial opportunities offered by new technology

[27]. Because climate protection is a public good, private actors (e.g. firms, consumers) have limited incentives to address it owing to free rider problems and prisoner’s dilemmas. This means that public policy must play a central role in supporting the emergence and deployment of low-carbon innovations and changing the economic frame conditions (via taxes, subsidies, regulations, standards) that incentivize firms, consumers and other actors. However, substantial policy changes involve political struggles and public debate because: “[w]hatever can be done through the State will depend upon generating widespread political support from citizens within the context of democratic rights and freedoms” ([28]: 91).

Again, Geels hijacking a legitimate business concept, but using it for his enviro agenda.

How to implement this? Taxes, subsidies, regulations, standards for businesses and consumers. Use these to regulate and influence behaviour.

Geels rightly says that widespread political support will be needed. But he frames the climate change scam as a way to protect rights and freedoms. Nice bait-and-switch.

Conceptually, this means that we should analyse socio-technical transitions as multi-dimensional struggles between niche-innovations and existing regimes. These struggles include: economic competition between old and new technologies; business struggles between new entrants and incumbents; political struggles over adjustments in regulations, standards, subsidies and taxes; discursive struggles over problem framings and social acceptance; and struggles between new user practices and mainstream ones.

Despite Geels’ article being published in the Journal, “ENERGY RESEARCH AND SOCIAL SCIENCE”, this anything but scientific. If anything, it seems analogous to the “lawfare” that Islamic groups perpetuate on democratic societies.

While Geels promotes economic competition, this is anything but a fair competition. He also calls for:

  • Political struggles over regulations
  • New standards
  • Subsidies
  • Taxes
  • Discursive struggles over problem framings & social acceptance
  • Struggles between new and mainstream user practices

There is nothing scientific here. This is a call for using “political” manoeuvering for achieving social goals.

The importance of public engagement, social acceptance and political feasibility is often overlooked in technocratic government strategies and model-based scenarios, which focus on techno-economic dimensions to identify least-cost pathways [32]. In the UK, which is characterized by closed policy networks and top-down policy style, this neglect has led to many problems, which are undermining the low carbon transition.

• Onshore wind experienced local protests and permit problems, leading to negative public discourses and a political backlash, culminating in a post-2020 moratorium.

• Shale gas experienced public controversies after it was pushed through without sufficient consultation.

• Energy-saving measures in homes were scrapped in 2015, after the Green Deal flagship policy(introduced in2013) spectacularly failed, because it was overly complicated and poorly designed, leading to limited uptake.

• The 2006 zero-carbon homes target, which stipulated that all new homes should be carbon-neutral by 2016, was scrapped in 2015, because of resistance by major housebuilders and limited consumer interest.

• The smart meter roll-out is experiencing delays, because of controversies over standards, privacy concerns, and distribution of benefits (between energy companies and consumers).

While these points are in fact true, Geels suggests that problems could have been avoided if there was sufficient public consultation. This is wishful thinking.

These points raise many legitimate concerns with the eco-agenda. Yet Geels shrugs them off as the result of not engaging the public enough.

Christensen and other innovation management scholars typically adopt a ‘point source’ approach to disruption, in which innovators pioneer new technologies, conquer the world, and cause social change. Existing contexts are typically seen as ‘barriers’ to be overcome. This ‘bottom-up’ emphasis also permeates the Strategic Niche Management and Technological Innovation System literatures. While this kind of change pattern does sometimes occur, the MLP was specifically developed to also accommodate broader patterns, in which niche-innovations diffuse because they align with ongoing processes at landscape- or regime-levels [9].

The MLP thus draws on history and sociology of technology, where processual, contextual explanations are common. Mokyr [58], for instance, emphasizes that “The new invention has to be born into a socially sympathetic environment” (p. 292) and that “Macro-inventions are seeds sown by individual inventors in a social soil. (.) But the environment into which these seeds are sown is, of course, the main determinant of whether they will sprout” (p. 299). So, if radical innovations face mis-matches with economic, socio-cultural or political contexts, they may remain stuck in peripheral niches, hidden ‘below the surface’.

Since low-carbon transitions are problem-oriented, transition scholars should not only analyse innovation dynamics, but also ‘issue dynamics’ because increasing socio-political concerns about climate change can lead to changes in regime-level institutions and selection environments. Societal problems or ‘issues’ have their own dynamics in terms of problem definition and socio-political mobilization as conceptualized, for instance, in the issue lifecycle literature [59,50]. Low carbon transitions require stronger ‘solution’ and problem dynamics, and their successful alignment, which is not an easy process, as the examples below show.

These passages go into marketing strategies, and ways to “frame an argument”. Notice not once does Geels suggest doing more research, or checking the reliability of existing data. Instead, this is a push for emotional manipulation and shameless advertising.

Invention has to be born into a socially sympathetic environment. Science be damned.

There are also positive developments, however, that provide windows of opportunity. Coal is losing legitimacy in parts of the world, because it is increasingly framed as dirty, unhealthy and old-fashioned, and because oil and gas companies are distancing themselves from coal, leading to cracks in the previously ‘closed front’ of fossil fuel industries. The UK has committed to phasing out coal-fired power plants by 2025 and several other countries (Netherlands, France, Canada, Finland, Austria) also move in this direction, providing space for low-carbon alternatives, including renewables.

I would actually agree that coal being phased out would benefit society. However, Geels makes it a “marketing” issue rather than a scientific one. Coal is “increasingly framed” as dirty. Notice that the actual science, such as from this site, are very rarely described.

Following chemical reactions takes place in the combustion of coal with the release of heat:
C + O2 = CO2 + 8084 Kcal/ Kg of carbon (33940 KJ/Kg)
S + O2 = SO2 + 2224 Kcal/Kg of sulfur (9141 KJ/Kg)
2 H2 + O2 = 2 H2O + 28922 Kcal/Kg of hydrogen (142670 KJ/Kg)
2C + O2 = 2CO + 2430 Kcal/Kg of carbon (10120 KJ/Kg)

4. Geels’ Conclusions

The paper has also identified several research challenges, where the transitions community could fruitfully do more work. First, we should broaden our analytical attention from singular niche-innovations (which permeate the literature) to ‘whole system’ change. This may involve changes in conceptual imagery (from ‘point source’ disruption to gradual system reconfiguration) and broader research designs, which analyze multiple niche-innovations and their relations to ongoing dynamics in existing systems and regimes. That, in turn, may require more attention for change mechanisms like add-on, hybridisation, modular component substitution, knock-on effects, innovation cascades, multi regime interaction.

Second, we should better understand regime developments. Existing regimes can provide formidable barriers for low-carbon transitions. Incumbent actors can resist, delay or derail low-carbon transitions, but they can also accelerate them if they reorient their strategies and resources towards niche-innovations. The analysis of niche-to-regime dynamics (as in the niche empowerment literature) should thus be complemented with regime-to-niche dynamics, including incumbent resistance or reorientation. Additionally, we need more nuanced conceptualizations and assessments of degrees of lock-in, tensions, cracks, and destabilisation.

Third, we need greater acknowledgement that socio-technical systems are a special unit of analysis, which spans the social sciences and can be studied through different lenses and at different levels. The recent trend towards deepening our understanding of particular dimensions and societal groups is tremendously fruitful, because disciplinary theories offer more specific causal mechanisms. But, as a community, we should complement this with broad analyses of co-evolution, alignment, multi-dimensionality and ‘whole systems’.

This all sounds elegant, but read between the lines. It is about influencing public perception. Whenever academics, lawyers or politicians seem to make things confusing we need to ask: are they trying to obscure their goals?

5. More About Frank W. Geels

Selected publications of Geels
If you would like a broader cross section of Geels’ work, perhaps these publications will be of interest.

  • Geels, F.W., Berkhout, F. and Van Vuuren, D., 2016, Bridging analytical approaches for low-carbon transitions, Nature Climate Change, 6(6), 576-583
  • Geels, F.W., Kern, F., Fuchs, G., Hinderer, N., Kungl, G., Mylan, J., Neukirch, M., Wassermann, S., 2016, The enactment of socio-technical transition pathways: A reformulated typology and a comparative multi-level analysis of the German and UK low-carbon electricity transitions (19902014), Research Policy, 45(4), 896-913
  • Turnheim, B., Berkhout, F., Geels, F.W., Hof, A., McMeekin, A., Nykvist, B., Van Vuuren, D., 2015, Evaluating sustainability transitions pathways: Bridging analytical approaches to address governance challenges, Global Environmental Change, 35, 239–253
  • Penna, C.C.R. and Geels, F.W., 2015, ‘Climate change and the slow reorientation of the American car industry (1979-2011): An application and extension of the Dialectic Issue LifeCycle (DILC) model’, Research Policy, 44(5), 1029-1048
  • Geels, F.W., 2014, ‘Regime resistance against low-carbon energy transitions: Introducing politics and power in the multi-level perspective’, Theory, Culture & Society, 31(5), 21-40
  • Geels, F.W., 2013, ‘The impact of the financial-economic crisis on sustainability transitions: Financial investment, governance and public discourse’, Environmental Innovation and Societal Transitions, 6, 67-95
  • Geels, F.W., 2012, ‘A socio-technical analysis of low-carbon transitions: Introducing the multi-level perspective into transport studies’, Journal of Transport Geography, 24, 471-482
  • Geels, F.W., Kemp, R., Dudley, G. and Lyons, G. (eds.), 2012, Automobility in Transition? A Socio Technical Analysis of Sustainable Transport, New York: Routledge
  • Verbong, G.P.J. and Geels, F.W., 2010, ‘Exploring sustainability transitions in the electricity sector with socio-technical pathways’, Technological Forecasting and Social Change, 77(8), 12141221 Verbong, G.P.J. and Geels, F.W., 2007, ‘The ongoing energy transition: Lessons from a sociotechnical, multi-level analysis of the Dutch electricity system (1960-2004)’, Energy Policy, 35(2), 1025-1037
  • Geels, F.W., 2002, ‘Technological transitions as evolutionary reconfiguration processes: A multi-level perspective and a case-study’, Research Policy, 31(8/9), 1257-1274

Frank Geels publicly available CV
Education
• Ph.D., Science, Technology and Innovation Studies, Twente University of Technology (Jan. 1998- July 2002), Netherlands. Supervisors: Arie Rip and Johan Schot. Title PhD thesis: Understanding the Dynamics of Technological Transitions: A co-evolutionary and socio-technical analysis.
• Masters degree in Philosophy of Science, Technology and Society, Twente University of Technology (1991-1996)
• Bachelor degree in Chemical Engineering, Twente University of Technology (1989-1991)

For what it’s worth, his formal education is pretty impressive. Where I lose respect is when he deviates from scientific argument in favour of political discourse. What could be very interesting work is corrupted be having an agenda.

His undergraduate degree is chemical engineering, which again, is very respectable. However, his Masters and PhD show a deviation from science and research.

While there are many other such authors, Frank W. Geels is a good case of what happens when political agendas and manoeuvering creep into science.

A morbidly fascinating topic. Check out some of his other publications.

CCS #14: UN’s New Development Financing (The Bait-and-Switch)

(Ways to raise money)

(Sources of money for health initiatives)

An internationally concerted carbon tax could raise $250 billion per year…

(Page 13)
In this vein, a tax of $25 per ton of CO2 emitted by developed countries is expected to raise $250 billion per year in global tax revenues. Such a tax would be in addition to taxes already imposed at the national level, as many Governments (of developing as well as developed countries) already tax carbon emissions, in some cases explicitly, and in other cases, indirectly through taxes on specific fuels

…and a small currency transaction tax could add an estimated $40 billion…

1. Debunking The Climate Change Scam

CLICK HERE, for #1: major lies that the climate frauds tell.
CLICK HERE, for #2: review of the Paris Accord.
CLICK HERE, for #3: Bill C-97, the GHG Pollution Pricing Act.
CLICK HERE, for #4: in 3-2 decision, Sask. COA allows carbon tax.
CLICK HERE, for #5: controlled opposition to carbon tax.
CLICK HERE, for #6: controlled opposition Cons ==> Supreme Court.
CLICK HERE, for #7: climate bonds pitched as $100T industry.
CLICK HERE, for #8: Joel Wood pitching various pricing options.
CLICK HERE, for #9: Mark Carney and UN climate finance.
CLICK HERE, for #10: Goldman Sachs, Obama, Clinton, Chicago CX.
CLICK HERE, for #11: Coronavirus, Pirbright Inst, Gates, Depopulation.
CLICK HERE, for #12: AOC and the “Green New Deal”.
CLICK HERE, for #13: UN seeks new development financing.

CLICK HERE, for BOLD Like A Leopard Guest Posting.

2. Important Links


UN.new.development.financing.2012.178pages
CLICK HERE, for the UN Convention Against Transnational Organized Crime.
CLICK HERE, for UN Sustainable Development Goals.
CLICK HERE, for Devex article explaining debt-for-development.
CLICK HERE, for World Bank explanation for debt-for-development trade.
CLICK HERE, for debt swaps for sustainable development.
CLICK HERE, for loss of sovereignty article.
CLICK HERE, for an IMF article on debt swaps.

3. This Is The Bait:

(From Page 10)
Two main sources are considered: taxes levied on international transactions and/or taxes that are internationally concerted, such as the air-ticket solidarity levy, financial or currency transaction taxes and carbon taxes; and revenues from global resources, such as SDR allocations and proceeds derived from the extraction of resources from the global commons, through, for example, seabed mining in international waters. Proposals on potential sources of finance for international development cooperation in both categories have been discussed for decades, although most of these, with the exception of the proposal on an airline levy, have not yet been adopted.

So what kind of “revenues” are raised?

  • taxes on international transactions
  • internationally concerted taxes
  • air-ticket solidarity levy
  • financial or currency transaction taxes
  • carbon taxes

This is how bait-and-switch works:
(1) Raise money using cause A.
(2) Actually spend the money on cause B.

4. And Here Is The Switch:

An array of other options with large fundraising potential have been proposed (see figure O.1 and table O.1), but have not been agreed upon internationally thus far. These include taxes on financial and currency transactions and on greenhouse gas emissions, as well as the creation of new international liquidity through issuance of special drawing rights (SDRs) by the International Monetary Fund IMF), to be allocated with a bias favouring developing countries or leveraged as development financing. Though their potential may be high, these proposals are subject to political controversy. For instance, many countries are not willing to support international forms of taxation, as these are said to undermine national sovereignty.

There are also challenges in the use and allocation of funds mobilized internationally. Most existing innovative financing mechanisms earmark resources upfront for specific purposes, as is the case for the global health funds. There are perceived benefits in doing so. Advocates argue that the earmarking helps build political support and attract funds by establishing a clear link between fundraising and popular causes. This may come at a cost, however, since earmarking funds can limit domestic policy space for channelling resources to nationally defined priorities.

This explains why there is the bait-and-switch. Countries are not willing to support international taxation. Therefore it is necessary to raise money under the pretense of “environmentalism”. It also shows that the UN feels little resistance to misleading the public on where money is being used for.

(From Page 10)
Some innovations focus on intermediation mechanisms designed to better match funding and needs by facilitating front-loading of resources (which include several mechanisms channelling resources to global health funds and some debt-for-development swap mechanisms), by mobilizing public means to guarantee or insure natural disaster risks or technology development for public causes, or by securing specific-purpose voluntary contributions from the private sector for official development cooperation. Various mechanisms of these types do exist, but they are not large in size.

Several global funds that act as allocation mechanisms are generally also considered to come under the rubric of innovative development financing. Disbursement mechanisms in the health sector include the Global Fund to Fight AIDS, Tuberculosis and Malaria, UNITAID and the GAVI Alliance. These mechanisms collect financing directly from sources or through intermediary financing mechanisms. UNITAID is the only disbursement mechanism that obtains the bulk of its financing from an innovative source, the air-ticket solidarity levy. Other funds rely mainly on traditional sources of financing.

Though the bulk of money raised is collected under the pretense of “environmentalism”, the UN makes it clear that the cash will be spent on a few “other” purposes.

  1. Global Health Funds
  2. Debt-for-Development Swap Mechanisms

5. UN Violates Own Convention


From the UN Convention Against Transnational Organized Crime

Article 4(1)

Article 4. Protection of sovereignty
1. States Parties shall carry out their obligations under this Convention in a manner consistent with the principles of sovereign equality and territorial integrity of States and that of non-intervention in the domestic affairs of other States.
2. Nothing in this Convention entitles a State Party to undertake in the territory of another State the exercise of jurisdiction and performance of functions that are reserved exclusively for the authorities of that other State by its domestic law.

Article 5

Article 5. Criminalization of participation in an organized criminal group
1. Each State Party shall adopt such legislative and other measures as may be necessary to establish as criminal offences, when committed intentionally:
(a) Either or both of the following as criminal offences distinct from those involving the attempt or completion of the criminal activity:
(i) Agreeing with one or more other persons to commit a serious crime for a purpose relating directly or indirectly to the obtaining of a financial or other material benefit and, where required by domestic law, involving an act undertaken by one of the participants in furtherance of the agreement or involving an organized criminal group;

Consider that the New Development Financing involves obtaining huge sums of money under false pretenses. While the publics are told that much of this revenue will be for environmental causes, it becomes clear from later in the document that it will be spent on other purposes (such as debt-for-development and health care causes).

Taking money for purposes other than what is advertised is fraud.

6. Debt Conversion Mechanisms

(Page 86) Debt-conversion mechanisms
Debt conversion entails the cancellation by one or more creditors of part of a country’s debt in order to enable the release of funds which would otherwise have been used for debt-servicing, for use instead in social or environmental projects. Where debt is converted at a discount with respect to its face value, only part of the proceeds fund the projects, the remainder reducing the external debt burden, typically as part of a broader debt restructuring.

Debt to developing nations can be “forgiven”, at least partly, if certain conditions are met. However, the obvious question must be asked:

Can nations be loaned money they could never realistically pay back, in order to ensure their compliance in UN or other global agenda, by agreeing to “forgive” part of it?

(Page 86) Debt conversion first emerged, in the guise of debt-for-nature swaps, during the 1980s debt crisis, following an opinion article by Thomas Lovejoy, then Executive Vice-President of the World Wildlife Fund (WWF), in the New York Times in 1984. Lovejoy argued that a developing country’s external debt could be reduced (also providing tax relief to participating creditor banks) in exchange for the country’s taking measures to address environmental challenges. Estimates based on Sheikh (2010) and Buckley, ed. (2011) suggest that between $1.1 billion and $1.5 billion of debt has been exchanged through debt-for-nature swaps since the mid–1980s, although it is not possible to assess how much of this constitutes IDF, for the reasons discussed in box III.1.

If debt can be forgiven in return for environmental measures, then why not simply fund these environmental measures from the beginning? Is it to pressure or coerce otherwise unwilling nations into agreeing with such measures?

(Page 88)
There have been two basic forms of debt-for-nature exchanges (Buckley and Freeland, 2011). In the first, part of a country’s external debt is purchased by an environmental non-governmental organization and offered to the debtor for cancellation in exchange for a commitment to protect a particular area of land. Such transactions occurred mainly in the late 1980s and 1990s and were generally relatively small-scale. An early example was a 1987 deal under which Conservation International, a Washington, D.C.-based environmental non-governmental organization, bought $650,000 of the commercial bank debt of Bolivia (now Plurinational State of Bolivia) in the secondary market for $100,000, and exchanged this for shares in a company established to preserve 3.7 million acres of forest and grassland surrounding the Beni Biosphere Reserve in the north-east part of the country.
In the second form, debt is exchanged for local currency (often at a discount), which is then used by local conservation groups or government agencies to fund projects in the debtor country. Swaps of this kind are generally much larger, and have predominated since the 1990s. The largest such swap came in 1991, when a group of bilateral creditors agreed to channel principal and interest payments of $473 million (in local currency) into Poland’s Ecofund set up to finance projects designed to counter environmental deterioration. The EcoFund financed 1,500 programmes between 1992 and 2007, providing grants for conservation projects relating to cross-border air pollution, climate change, biological diversity and the clean-up of the Baltic Sea (Buckley and Freeland, 2011).

We will “forgive” your debt if:
(1) A portion of your land is off limits; or
(2) Debt converted to currency to fund “projects”

Debt For Health

(Page 89)
Since the development of debt swaps in the 1980s, there has been a diversification of their uses to encompass social projects, most recently in the area of health under the Debt2Health initiative, which was launched by the Global Fund to Fight AIDS, Tuberculosis and Malaria in 2007 to harness additional resources for its programmes. Under Debt2Health, a donor country agrees to reduce part of a loan ineligible for debt relief under global initiatives such as the HIPC and Multilateral Debt Reduction Initiatives, in exchange for a commitment by the debtor to invest (in local currency) half of the nominal value of the debt in programmes approved by the Global Fund. The Global Fund is committed to devoting all of the funds thus generated to financing programmes in the country rather than overhead costs (Buckley, 2011c).

Debt For Education

(Page 90)
In addition to the uses described above, debt swaps have also been successfully implemented for education and development.2 Clear delineation among the various types of swaps is often problematic, however, as debt-for-development swaps typically provide funding for environmental, health and/or education projects.
……..
. Although nominally debt-conversion operations, these Contracts stipulate that debtor countries are to continue to service these debts in full, while receiving, however, an equivalent amount of new ODA grants tied to specific programmes when they do so (Agence Française de Développement, n.d.). Thus, resources are not redirected from debt servicing to other uses; rather, potential fiscal savings from debt-service reduction are forgone, the resources instead being directed to specific uses (Buckley, 2011a). These transactions thus cannot be considered to constitute IDF

So in these cases the debt isn’t really forgiven. The indebted nation will still have to make payments, while other money will be coming in for other purposes.

The funding generated by debt swaps is closely tied to their designated end use (although the effectiveness of this depends on monitoring mechanisms). While this effective earmarking of budgetary funds indicates a trade-off with policy space, the debt relief provided by converting debt at a discount (where the debt would otherwise have been serviced) releases resources for use in accordance with national priorities. However, the exclusion of relevant ministries and limited civil society participation in the design and implementation processes may undermine coherence with medium-term national development strategies.

To make absolutely clear, this debt forgiveness isn’t free. There is always some trade off. Here, it seems to be having your nation’s sovereignty eroded in return for being cut a break.

While all of this is couched in very pretty rhetoric, one really has to ask what is really the costs?

7. “Voluntary” Pesticide Use In Crops


Here is one such “pull measure” (page 98)

The World Bank is currently developing agricultural projects based on pull mechanisms through the Agricultural Pull Mechanism (AGPM) initiative, with the objectives of increasing production, reducing losses and enhancing food security for small farmers. There are six pilot programmes currently being developed, which are expected to be launched in June 2012. Their objectives are:
-To develop distribution networks for bio-fortified crop varieties (high pro-vitamin A cassava, maize and sweet potato, and high in iron beans) in Africa
-To promote the development and use of new hybrid rice varieties in South Asia
-To develop improved fertilizers and fertilizer production processes
-To promote adoption of improved post-harvest storage technologies
-To incentivize the use of biocontrol mechanisms against aflatoxin contamination of crops
-To promote development and use of a vaccine against peste des petits ruminants in livestock in Africa

Interesting. How much of this is done in the first world?

8. Now Comes Climate Change

(Page 120)
The unprecedented global improvements in average living standards over the last two centuries have come at the cost of serious degradation of the natural environment. The most serious environmental threat is climate change, brought about by global emissions of carbon dioxide and other greenhouse gases. In addition to considerable expenditure for adaptation, climate change necessitates a fundamental shift in development strategies towards a much less carbon-intensive model, and a major reduction in reliance on fossil fuels.

While climate change arises overwhelmingly from historical emissions in developed countries, it impacts disproportionately the well-being and livelihoods of people in developing countries. This makes a compelling case for the assumption by richer countries of the costs of mitigation and adaptation

Read the next several pages. While the paper talks at length about how to “raise” money for climate change causes, it is surprisingly vague about how this money will actually be spent. There are some bland references to technology, but no specifics.

The paper cites “Carbon Dioxide and other greenhouse gases” but CO2 is the only one to actually be named.

Furthermore, the UN tries to promote mass migration to the West. However, this would be illogical, since on average, Western nations leave a much bigger “footprint” than others do.

While “financing” climate change efforts features prominently in later sections of the paper, it gives no real information on how the money would be put to use.

9. Is This Predatory?

From the Journal of Politics and Law Article (see here).

Budget constraints are severely undermining the capacity of governments of developing countries to provide their people even the most basic of social services. This lack of finance is in turn caused by several factors including, among others, huge military spending, pervasive corruption and large repayments of debts owed to the developed world. These factors, either singly or in combination, eat up government funds that can otherwise be spent on education, health, housing and other social services. Economists have a better way of describing it – these factors ‘crowd out’ essential public spending designed to benefit the people. (Note 1) As a result, these governments are unable to steer their countries towards the path of economic development and entire peoples are unable to enjoy the most fundamental of economic, social and cultural rights

This is what we are financing.

Our leaders take from us, claiming it is for efforts to “protect the environment”. Money is then spent abroad in the developing world, often awarded in the form of loans. When such nations cannot pay back the money they owe, they become indebted to their creditors. This is usually bodies like the UN or IMF.

Bait: Tax to save environment
Switch: Predatory loans to developing world.

This is the bait-and-switch. It is highly unethical to take advantage of people like this.

CCS #13: UN’s Search For New Development Financing

1. Debunking The Climate Change Scam

CLICK HERE, for #1: major lies that the climate frauds tell.
CLICK HERE, for #2: review of the Paris Accord.
CLICK HERE, for #3: Bill C-97, the GHG Pollution Pricing Act.
CLICK HERE, for #4: in 3-2 decision, Sask. COA allows carbon tax.
CLICK HERE, for #5: controlled opposition to carbon tax.
CLICK HERE, for #6: controlled opposition Cons ==> Supreme Court.
CLICK HERE, for #7: climate bonds pitched as $100T industry.
CLICK HERE, for #8: Joel Wood pitching various pricing options.
CLICK HERE, for #9: Mark Carney and UN climate finance.
CLICK HERE, for #10: Goldman Sachs, Obama, Clinton, Chicago CX.
CLICK HERE, for #11: Coronavirus, Pirbright Inst, Gates, Depopulation.
CLICK HERE, for #12: AOC and the “Green New Deal”.

CLICK HERE, for BOLD Like A Leopard Guest Posting.

2. Important Links


CLICK HERE, for the 178 page document.
CLICK HERE, for the Paris Accord.
CLICK HERE, for Agenda 2030, signed Sept 2015 by Harper.
CLICK HERE, for Agenda 21, signed June 1992 by Mulroney.
CLICK HERE, for debt.org, and predatory lending.
CLICK HERE, for Washington State, and predatory lending.
CLICK HERE, for British Columbia Law Institute, predatory lending.

3. FOREWORD BY BAN KI-MOON

Achieving the Millennium Development Goals and addressing global challenges such as climate change require considerable financing. Finding the necessary resources will be challenging, especially for least developed countries. Official development assistance (ODA) is falling well short of what countries need, and commitments to provide more aid remain unfulfilled. In the midst of difficult financial times, many donor countries have cut back on development assistance. In 2011, aid flows declined in real terms for the first time in many years.

The need for additional and more predictable development financing has led to a search for alternative, innovative sources. A number of initiatives have been launched during the past decade, most of which have been used to fund global health programmes that have helped to provide immunizations and AIDS and tuberculosis treatments to millions of people in the developing world.

While these initiatives have successfully used novel methods to channel development financing, they have not yielded much additional funding, thus leaving available finance well short of what is needed. This is one reason why proposals to mobilize resources for development through sources beyond ODA, including innovative finance mechanisms, have generated renewed interest from both Governments and civil society.

This year’s World Economic and Social Survey shows that such proposals could raise hundreds of billions of dollars in additional finance. If they are to become viable, however, strong international agreement is needed, along with adequate governance mechanisms, to manage the allocation of additional resources for development and global public goods.

World Economic and Social Survey 2012 is a valuable resource for implementing the decisions reached at the United Nations Conference on Sustainable Development (Rio+20). I commend it to all those seeking a solid financial underpinning for the post2015 development agenda

Okay, to sum this up: the UN needs “lots” of cash for its various agendas. Foreign aid is being cut for the first time in years, and commitments remain unfulfilled.

4. Innovative Sources Of Funding

Okay, what are these “revenue sources”?

  • SDR (or special drawing rights), from IMF $150B-$270B
  • Carbon taxes, $240B
  • Leveraging SDR, $90B
  • Financial transaction tax, $10B-70B
  • Billionaire tax, $90B
  • Currency trading tax, $30B
  • EU emissions trading scheme, $5B
  • Air passenger levy, $10B
  • Certified emission reduction tax, $2B

If these numbers are accurate, then the US is viewed as a cash cow somewhere to the tune of $627 billion to $807 billion. Yes, this only refers to revenue potential from the United States. I believe this is annually.

What does the report say about SDAs?

These include taxes on financial and currency transactions and on greenhouse gas emissions, as well as the creation of new international liquidity through issuance of special drawing rights (SDRs) by the International Monetary Fund IMF), to be allocated with a bias favouring developing countries or leveraged as development financing. Though their potential may be high, these proposals are subject to political controversy. For instance, many countries are not willing to support international forms of taxation, as these are said to undermine national sovereignty.

No kidding. There is a lot of political opposition to taxes which are deemed to undermine national sovereignty. Could that be because these taxes AREN’T being used to support the well being of the citizenry? Instead the money is being funnelled out of the country in the name of some global good project.

The appeal of potential mechanisms for more automatic and assured flows of funds for international cooperation, especially if they can mobilize substantial amounts of resources, has led to multiple proposals on how to establish those mechanisms. While recognizing that these proposals have been long-standing, this Survey argues that certain forms of international taxation and leveraging of international reserve assets have great potential to significantly enhance resources for international development cooperation, warranting greater efforts to overcome the obstacles that have prevented tapping such potential in the past.

Here we get to the heart of the matter. The bulk of these “revenue tools” are listed as being for environmental causes. Yet the UN itself admits that the money will be used for other purposes. This is money laundering and fraud.

In one such proposal, the IMF would issue more international liquidity in the form of special drawing rights. Proposed annual allocations of SDR 150 billion–250 billion would be received mainly by developed countries, as the SDRs are distributed according to country quotas in IMF. However, if instead, two thirds were allocated to developing countries, they would receive $160 billion–$270 billion annually. The “seigniorage” from such issuance, which now accrues to the international reserve currency countries, could be allocated for use in part by the international community in favour of developing countries. Admittedly, changing the SDR allocation formula would constitute a significant political undertaking, as it will require an amendment to the IMF Articles of Agreement. Amending the Articles, like decisions for a general SDR allocation under existing rules, requires an 85 per cent approval of member votes, giving the United States of America an effective veto. Indeed, United States support for regular SDR allocations would imply a measure of global solidarity, as the seigniorage embodied in the new SDRs would be largely at the expense of seigniorage no longer accruing to the United States. Nevertheless, such a change could result in a significant strengthening of the international monetary system, which should be supported by all IMF member countries.

Such regular issuance of SDRs has no direct link to development finance, however. SDRs remain a reserve asset, but their additional availability, arranged through international coordination, could reduce the need for individual developing countries to set aside foreign-exchange earnings in reserve holdings of their own as a form of self insurance against global market shocks.

So if the developed world were to engage in these UN measures, then developing countries wouldn’t need to set aside foreign exchange earnings in reserve. This is because “we” will have done it for them. In short, this is the 1st world economically propping up the 3rd world.

An internationally concerted carbon tax could raise $250 billion per year…

Let’s be clear. The Carbon tax has NOTHING to do with environmentalism, and everything to do with being a fundraising tool for the UN’s agendas.

If global policy could be designed as if for a single economy, then a single global tax could be set (and adjusted over time) to steer overall emissions in the direction of a particular target to be achieved by a particular date. However, the world is made up of many countries which would experience different impacts on overall consumption and production from a single tax. The differential impact of a uniform carbon tax would cause objections to be raised by Governments and could frustrate agreement on the tax, especially since it is unlikely that those making the smallest sacrifices under a uniform tax would fully compensate those making the largest. Indeed, the 1997 Kyoto Protocol3 to the 1992 United Nations Framework Convention on Climate Change mandates only that higher-income countries make specific targeted reductions, as those countries are responsible for most of the man-made concentrations of CO2 in the atmosphere and are best able to bear the economic burden. In this vein, a tax of $25 per ton of CO2 emitted by developed countries is expected to raise $250 billion per year in global tax revenues. Such a tax would be in addition to taxes already imposed at the national level, as many Governments (of developing as well as developed countries) already tax carbon emissions, in some cases explicitly, and in other cases, indirectly through taxes on specific fuels.

We will have a carbon tax on top of:

  • other federal taxes
  • Provincial taxes
  • Municipal taxes
  • Fuel specific taxes

This is all a scam to gouge the public to finance the UN agendas.

Estimates of additional financing needs for climate change mitigation and adaptation in developing countries are great—considerably greater even than those for health. Estimates of additional investment needs in 2030 are in the order of $140 billion–$175 billion per annum (plus additional upfront investments of $265 billion–$565 billion) for mitigation, and a further $30 billion–$100 billion per annum for adaptation. World Economic and Social Survey 2011 (United Nations, 2011a) estimated additional investment needs of developing countries for sustainable development, including for climate change mitigation and adaptation, and for ensuring access to clean energy for all, sustainable food production and forest resource management, at about $1 trillion per year in the coming decades. As recognized, inter alia, by the Copenhagen Accord, from the perspective both of fair burden-sharing in financing global public goods and of the limited economic means of developing countries, a substantial share of the required financing would need to come from international transfers.

Okay, by 2030, various UN agendas will be costing about $1 trillion (with a “T”) annually. And in order to finance this, lots of financing will be required, mainly from the developed world.

Health causes will cost a fraction of what environmental costs are expected to be.

5. Exploitation: Debt for Development

Debt conversion first emerged, in the guise of debt-for-nature swaps, during the 1980s debt crisis, following an opinion article by Thomas Lovejoy, then Executive Vice-President of the World Wildlife Fund (WWF), in the New York Times in 1984. Lovejoy argued that a developing country’s external debt could be reduced (also providing tax relief to participating creditor banks) in exchange for the country’s taking measures to address environmental challenges. Estimates based on Sheikh (2010) and Buckley, ed. (2011) suggest that between $1.1 billion and $1.5 billion of debt has been exchanged through debt-for-nature swaps since the mid–1980s, although it is not possible to assess how much of this constitutes IDF, for the reasons discussed in box III.1.

There have been two basic forms of debt-for-nature exchanges (Buckley and Freeland, 2011). In the first, part of a country’s external debt is purchased by an environmental non-governmental organization and offered to the debtor for cancellation in exchange for a commitment to protect a particular area of land. Such transactions occurred mainly in the late 1980s and 1990s and were generally relatively small-scale. An early example was a 1987 deal under which Conservation International, a Washington, D.C.-based environmental non-governmental organization, bought $650,000 of the commercial bank debt of Bolivia (now Plurinational State of Bolivia) in the secondary market for $100,000, and exchanged this for shares in a company established to preserve 3.7 million acres of forest and grassland surrounding the Beni Biosphere Reserve in the north-east part of the country.

In the second form, debt is exchanged for local currency (often at a discount), which is then used by local conservation groups or government agencies to fund projects in the debtor country. Swaps of this kind are generally much larger, and have predominated since the 1990s. The largest such swap came in 1991, when a group of bilateral creditors agreed to channel principal and interest payments of $473 million (in local currency) into Poland’s Ecofund set up to finance projects designed to counter environmental deterioration. The EcoFund financed 1,500 programmes between 1992 and 2007, providing grants for conservation projects relating to cross-border air pollution, climate change, biological diversity and the clean-up of the Baltic Sea (Buckley and Freeland, 2011).

However, most debt-for-nature swaps have been much smaller, so that the funds generated are generally limited relative to environmental financing needs, providing funding, instead, for individual projects. Critics also argue that monitoring mechanisms are often insufficient to ensure that debtor countries fulfil their environmental obligations, and that swaps may be detrimental to national sovereignty in cases where they result in the transfer of landownership to foreign entities. In view of the latter concern, conservation organizations involved in three-way swaps (involving the debtor Government, the creditor and a third party) often refrain from buying land directly with funds generated by swaps (Sheikh, 2010)

How is this even legal? Developing nations are “loaned” money they cannot possibly pay back. This is done on the backs of taxpayers in the first world.

When indebted nations cannot pay the loans back, which is usually the case, debt is “forgiven” or “reduced” in return for local currency and resources, and/or access to the land for other environmental projects. These, of course, are also financed on the backs of First World taxpayers.

Of course, land and other resources could now be effectively controlled by foreign entities, meaning that entire parts of Countries would be owned by foreigners. Not too different from say, Vancouver (which is bought up en masse by China).

6. Exploitation: Debt for Education

In addition to the uses described above, debt swaps have also been successfully implemented for education and development. Clear delineation among the various types of swaps is often problematic, however, as debt-for-development swaps typically provide funding for environmental, health and/or education projects.

Based on Buckley, ed. (2011), the cumulative amount of debt-for-development and debt-for-education swaps appears to be in the order of $3 billion, including 18 debt-for-education swaps in 14 countries since 1998, the proceeds of which were in most cases directed to funding for local schools (Buckley, 2011c). Again, however, the proportion of this total that has provided additional funding—and may therefore be considered to constitute IDF—cannot readily be estimated. In particular, $865 million of the $3 billion total represents Debt Reduction-Development Contracts with the Agence Française de Développement, covering debts arising from past ODA loans from France which would otherwise be eligible for cancellation under multilateral debt reduction programmes such as the HIPC Initiative. Although nominally debt-conversion operations, these Contracts stipulate that debtor countries are to continue to service these debts in full, while receiving, however, an equivalent amount of new ODA grants tied to specific programmes when they do so (Agence Française de Développement, n.d.). Thus, resources are not redirected from debt servicing to other uses; rather, potential fiscal savings from debt-service reduction are forgone, the resources instead being directed to specific uses (Buckley, 2011a). These transactions thus cannot be considered to constitute IDF.

This is concerning for a few reasons.

First, it seems to hold a nation hostage by making demands in order to fund its health care or education.

Second, given the sorts of education the UN engages in, would imposing this on other nations actually work to undermine its culture and identity?

7. Closing thoughts

Given the document is basically a book, this review hardly does it justice.

The UN seeks to raise huge amounts of money through various “innovative” means. Basically, they are some form of tax, or are funds converted from taxes of individual nations. This has the effect of bankrupting the developed world, as their money is being used to finance globalist agendas.

Furthermore, the “lending” to the developing world can be considered predatory. Money is loaned out to nations which have no realistic chance to pay it back. In order to “service” their debts, nations are forced to cede to foreign ownership, or to allow the UN control over how its territory is used.

This is exploitive for everyone involved. And despite the rallying cries, this has little to do with actually combatting climate change.

A shoutout to Nicky @cravecreative, for catching this disaster.