Federal Reserve Joins NGFS; Sustainable Banking Network; Climate-Related Financial Disclosures; IFC Green Banking Academy

The Federal Reserve, the largest central bank in the world, has announced it is joining the Network of Central Banks & Supervisors for Greening the Financial System.

Network For Greening The Financial System
Sustainable Banking Network
Task Force On Climate Related Financial Disclosures
IFC – Green Banking Academy

1. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. Now, the bankers work with the climate mafia and pandemic pushers to promote their mutual goals of control and debt slavery.

2. 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, run by international bankers. Plenty has also been covered on the climate 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.

3. U.S. Federal Reserve Joins The NGFS

The Federal Reserve Board announced on Tuesday that it has formally joined the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, as a member. By bringing together central banks and supervisory authorities from around the world, NGFS supports the exchange of ideas, research, and best practices on the development of environment and climate risk management for the financial sector. The Board began participating in NGFS discussions and activities more than a year ago.

“As we develop our understanding of how best to assess the impact of climate change on the financial system, we look forward to continuing and deepening our discussions with our NGFS colleagues from around the world,” said Federal Reserve Board Chair Jerome H. Powell.

On December 15, the Federal Reserve announced it was joining the NGFS, the Network for Greening the Financial System. This makes is the last major central bank to do so. The rationale for all of this is that stopping climate change is necessary to stabilizing monetary systems.

4. Sustainable Banking Network

The Sustainable Banking Network (SBN) is a unique, voluntary community of financial sector regulatory agencies and banking associations from emerging markets committed to advancing sustainable finance in line with international good practice. It is a platform for knowledge sharing and capacity building that facilitates the mobilization of practical support for members to design and implement national sustainable finance policies and principles.

The 41 member-countries represent US$43 trillion (86 percent) of the total banking assets in emerging markets. SBN members are committed to moving their financial sectors towards sustainability, with the twin goals of improved Environmental, Social and Governance (ESG) risk management (including disclosure of climate risks) and increased capital flows to activities with positive climate impact.

This is a group of banking associations and regulatory agencies who fully support the climate change agenda. They want to work it into every aspect of banking.

5. Climate Related Financial Disclosures

Climate change poses both risks and opportunities for business, now and in the future. As the Earth’s temperature rises, increasingly common natural disasters are disrupting ecosystems and human health, causing unanticipated business losses, and threatening assets and infrastructure. In response, governments and private sector entities are considering a range of options for reducing global emissions, which could result in disruptive changes across economic sectors and regions in the near term.

Currently, however, investors, lenders, and insurers don’t have a clear view of which companies will endure or even flourish as the environment changes, regulations evolve, new technologies emerge, and customer behavior shifts — and which companies are likely to struggle.

Without reliable climate-related financial information, financial markets cannot price climate-related risks and opportunities correctly and may potentially face a rocky transition to a low-carbon economy, with sudden value shifts and destabilizing costs if industries must rapidly adjust to the new landscape.

The goal here, as the name implies, is to make “carbon and environmental costs” a part of all major business decisions, and to have the impacts released to the public. Think of it as a social credit score, just with carbon credits.

6. Int’l Finance Corp: Green Banking Academy

What is IFC’s Green Banking Academy?
Our Green Banking Academy (IFC-GBAC) is a knowledge and capacity-building initiative of IFC’s Financial Institutions Group. IFC has more than 20 years’ experience in the climate business.

What do we offer?
IFC-GBAC supports Latin American and Caribbean banks with specialized advice and training to accelerate their green transformation, strengthen their businesses, and enable them to contribute to a more sustainable world.

IFC-GBAC is focused on the knowledge needs of banks and bankers. Academic content is customized to specific types of banking professionals, including C-level executives, product specialists, credit and risk officers, the sales force, and more.

Climate change is not only a global challenge; it is also a business opportunity.
In Latin America and the Caribbean alone, climate investment is estimated to have a potential value of $2.6 trillion through 2030. IFC’s Green Finance Latin-America Report explored the challenges and opportunities in the space.

So-called “climate finance“, is the ideology of sinking money into green projects, regardless of whether or not they actually work. Industries that they don’t ideologically agree with are to be allowed to die off.

7. World Bank Partnerships

The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.

Sounds so harmless, doesn’t it? The World Bank is involved in financing projects across the globe. Many of them involve the climate change agenda, and transferring wealth under various eco-programs.

The big take away from all of this is that there is no real separation between the banking system, and the climate change movement. In fact, bankers have realized that there is some real money to be made, all under the guise of environmentalism.

Green New Deal Group, Taking Lessons From The 2008 Banking Bailout

Think recent public efforts to convince the public to act on climate change just happened? No, they are the result of years of planning, and from an organization called Green New Deal Group.

There is some real strategy at play here. Divert people’s attention with protests, riots, and public movements, and the agenda can be quietly passed. After all, how much coverage do the various treaties we sign (and bills we pass), actually get?

1. About Green New Deal Group

As in past times of crises, disparate groups have come together to propose a new solution to an epochal challenge. The Green New Deal Group drew inspiration from the ambition of President Roosevelt’s comprehensive response to the Great Depression to propose a modernised version, a ‘Green New Deal’ in 2008. It was designed to kick start a rapid transition to a new economy shaped to prevent a climate breakdown and transform a failed financial system. The Green New Deal will power a renewables revolution, create thousands of green-collar jobs across the economy and rein in the distorting and socially-destructive power of the finance sector while making more low-cost capital available for pressing priorities.

Meeting since early 2007, the membership of the Green New Deal Group is drawn to reflect a wide range of expertise relating politics and economics, and the climate, nature and inequality crises. The views and recommendations of the Green New Deal series of reports, are those of the group writing in their individual capacities.

The Green New Deal Group is, in alphabetical order:
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Larry Elliott, Economics Editor of the Guardian, Colin Hines, Co-Director of Finance for the Future, former head of Greenpeace International’s Economics Unit, Jeremy Leggett, founder and Chairman of Solarcentury and SolarAid, Clive Lewis, Labour MP, Caroline Lucas, Green Party MP, Richard Murphy, Professor of Practice, City University, Director Tax Research LLP, Ann Pettifor, Director, Policy Research in Macroeconomics (PRIME), Charles Secrett, Advisor on Sustainable Development, former Director of Friends of the Earth, Andrew Simms, Co-Director, New Weather Institute, Coordinator, The Rapid Transition Alliance, Assistant Director, Scientists for Global Responsibility. Geoff Tily Senior Economist, TUC

Those are the people who make up the Green New Deal Group. In essence, this is the brainchild behind the eco movement in recent years.

2. GNDG Used To Reboot After 2008 Crash

In the coverage of the causes and likely future effects of the credit crunch, such grim parallels are becoming commonplace. But it’s now time to move from problems to solutions, and here too the Depression can form a useful reference point. Franklin Roosevelt’s action programme for dealing with the aftermath of the late 1920s credit crunch was threefold: first, strictly regulate the cause of the problem – the greedy and feckless finance sector; second, get people back to work, and generate business opportunities by a New Deal. This invested billions of dollars in training, better working conditions and a huge range of infrastructural projects such as highways, dams and bridges. Finally, fund this in part by an increase in taxes on big business and the rich – a measure which also had the positive effect of dramatically decreasing inequality.

Today the re-regulation of finance is even being discussed among consenting free market adults in the columns of the Financial Times. My colleague, environmentalist Colin Hines, has fleshed out the details of a Green New Deal which could help re-boot the economy after the credit crash, while putting serious money into addressing climate change.

As a result of the 2008 crash, this group decided that it would make a great opportunity to completely remake their economy, and deal with climate change in the first place. They reasoned that if banks were worth pouring trillions into, then the environment must be as well. The argument does have some merit to it.

Notice that it’s compared to the “New Deal” that Franklin Delano Roosevelt launched in the 1930s. This is not the last time that comparison will come up.

Alexandria Ocasio-Cortez introduced the U.S. public to the Green New Deal in 2019, just after taking office. It wasn’t some brainstorm she had, but had been drawn up many years ago. The YouTuber, Mr. Reagan, did address that AOC was a puppet, but he missed how far back the plan went.

3. GND Group To Solve “Triple Crunch”

Can I trust the bank to look after my money? Clickety clack. How much has my house fallen in value? Clickety clack. Will high fuel prices mean I can’t keep my car on the road? Can I afford to buy enough food for the family? Clickety clack. Will I lose my job, and why is everyone making me paranoid about climate change when there’s nothing I can do about it? Clickety, clickety clack … and then back to the beginning. The “triple crunch” of a credit-fuelled financial crisis, accelerating climate change and soaring energy prices – how did we get into this mess? In the face of so many simultaneous crises, we all have legitimate questions for the governments that allowed us to sleepwalk into this situation.

The Green New Deal was dreamed up as a way to solve multiple problems, such as: (a) financial crisis; (b) climate change; and (c) energy prices all at once.

While it’s nice to see the financial crisis addressed, this group seems to miss the elephant in the room: central banking. It’s that the Government legislates in such a way that the U.S. is forced to borrow — at interest — from the Federal Reserve, a private organization. Do they not know about any of this?

4. History Of The Green New Deal

Where the Green New Deal came from
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The idea of a Green New Deal first arose at the time of 2007-2008 financial crisis roughly simultaneously in the us and the UK. New York Times columnist Thomas Friedman wrote an article in January 2007 that suggested the approach. The same year the UK-based Green New Deal group formed, independently developing and publishing the first full proposal for a Green New Deal in July 2008. The group’s report laid out the architecture of the Green New Deal for the first time: combining reining in the power of big finance and transforming the way that government manages the economy with a plan to transform the economy and society to meet the challenges of climate change. The group also published several subsequent reports developing the idea over the following years. The Green New Deal was then taken up by the Green Party in the UK, by Green parties across Europe and by the United Nations Environment Programme. In 2018, the idea was revived by us senator Alexandria Ocasio-Cortez and the Sunrise Movement in the US following a meeting between a member of her team and UK Green New Deal group member Ann Pettifor. When AOC published a bill for the Green New Deal with Senator Edward Markey in February 2019 the idea caught on around the world.

Far from being some sort of a revolutionary, AOC was simply the latest person assigned to run with the agenda. While it is easy to mock the GND outright, it seems that elements of it are embedded within Agenda 2030 and the Great Reset.

5. UK PM Gordon Brown Promotes GND

Moving the UK to a low-carbon economy will create 400,000 new jobs over the next eight years, Gordon Brown has told a summit in London.
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The prime minister called for an international “green new deal” to boost the environmental sector and help lift the global economy out of recession.
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This will increase “confidence and certainty”, he added.
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But unions and environmental groups called for more funding for green projects, along with better regulation.
The government has set a target of reducing greenhouse gas emissions by 80% from 1990 levels by 2050.

When he was Prime Minister of the UK, Gordon Brown openly called for a “Green New Deal” to rebuild the country after the banking collapse.

6. Green Quantitative Easing

As the Bank of England moves closer towards announcing an unprecedented third round of ‘Quantitative Easing’, experts are calling for this newly created money to be used more productively and effectively to achieve key social and environmental objectives. During the last round of Quantitative Easing (’QE’) the Bank of England purchased £275bn worth of government bonds with money it newly created. As the Bank of England prepares the ground to inject a likely £50bn to £75bn into the economy, the UK’s Green Party MP, Caroline Lucas, and Southampton University banking expert Professor Richard Werner, are calling for this money injection to be used for green projects that directly improve the environment and long-term quality of life, while creating many new jobs. Said Professor Richard A. Werner, Director of the Centre for Banking, Finance and Sustainable Development at the University of Southampton: “Many people would like money creation to be used to help the wider economy directly and to implement some badly needed green projects that would enhance the sustainability of the economy and improve the environment—as well as create new jobs.”

Green Quantitative Easing Paper

In 2012, Richard Werner submitted a proposal for “green quantitative easing”. In short, it would still involve printing off large sums of money. However, it would be spent on environmental causes, instead of being poured into banks.

7. GND Group UK Budget Submission

A Green New Deal Group briefing, The Green New Deal: Securing the Future, was sent to the Chancellor ahead of the March 2020 budget, with a letter signed by MPs from all the main opposition parties.

As the briefing, written by Green New Deal Group member Richard Murphy sets out, the Green New Deal Group have long argued that it is prudent for government to borrow (by issuing bonds) to invest in the transformation of our infrastructure and businesses while interest rates are low. The briefing shows how such government borrowing could be financed in a way that also creates a safe place for the nation’s pensions and savings, by making simple changes to existing tax incentives. Much of the £70bn saved annually in ISAs could then be invested in government-backed green bonds at an interest rate of 1.85% (the UK government’s current average cost of borrowing) and a quarter of the £100bn currently invested in pensions could be directed into Green New Deal investment.

A budget proposal was submitted to the UK Government in March 2020. It was written by the Green New Deal Group, and was able to get the signatures of many politicians.

8. Protests/Riots Partly Entirely For Show

In recent years, there have been loud environmental movements going on across the Western World. There have been efforts to shut down industries, pipelines, and society altogether. These people seem oblivious to the fact that shutting down oil (for example), would lead to a drastic reduction in their living standards.

However, this is a sleight of hand. Even though politicians appear to be turned off by the antics of violent protesters, they work behind the scenes to ensure that the goals are enacted anyway. Treaties such as Agenda 21, Agenda 2030, and the Great Reset are designed to achieve many of the same goals.

BOLD Like A Leopard wrote a great piece on some of the forces acting behind the scenes. It’s well worth the time to read.

Now we look at the bigger picture. While the public is distracted by very visible protests over environmental issues, just quietly implement them behind the scenes. People likely won’t notice. They are too focused on radicals who seem hell bent on destabilization, though those are distractions.

9. Bankers Run Climate Change Movement

This will seem a cruel twist, but central banks are heavily behind the green movement. One such group is the Network for Greening the Financial System, which currently boasts 75 members.

Hard to be part of the resistance when the financial sector supports, (or at least appears to support), green initiatives. It’s unclear, however, if the banks simply co-opted the movement, or whether they were always running things from behind the scenes.

Green New Deal Group Main Page
https://archive.is/ncRvA
WayBack Machine Archives

About Us: Green New Deal Group
https://archive.is/rxRpv
WayBack Machine Archive

https://greennewdealgroup.org/2008/04/
Guardian 2008: We Wanted A Green New Deal
https://greennewdealgroup.org/2008/07/
Guardian 2008 Article On The Triple Crunch
https://greennewdealgroup.org/2009/03/
Gordon Brown Calls For Global Green New Deal
https://greennewdealgroup.org/2009/07/
The Ecologist: Bailed Out Banks Should Fund GND
Green New Deal Group Budget Proposal
Network For Greening The Financial System

AOC: This Is Our World War II
Mr. Reagan: The Brains Behind AOC
NBC On Sunrise Movement

WEF Great Reset: Banking Cartel; Climate Change; End Of Private Property; Privacy; Guns

At 5:10 in this video, Trudeau says that Canada will be giving 50% of the doses of vaccine it pays for to the 3rd World. Motion M-132 really was about financing drugs for the entire world.

1. Canadian Politicians Connected To WEF

Bachelor’s and Master’s degree in Economics, University of Calgary. 2002, Leader of the Opposition; co-founded Conservative Party and won party leadership; 2006, Prime Minister of Canada. Recipient of awards: Woodrow Wilson Award for Public Service; first Canadian to be awarded B’nai Brith Presidential Gold Medallion for Humanitarianism (2008).

Andrew Sheer is a Canadian politician serving as the Member of Parliament for Regina-Qu’Appelle since 2004 and as the leader of the conservative party and leader of the official opposition since 2017. He was one of the youngest MPs when he was first elected and his vision and leadership have earned him the continued confidence to be re-elected.

Build Back Stronger
The Liberals want to “build back better.” Conservatives will “build back stronger.”
We are facing the greatest economic crisis of our lifetime.
Canada’s Conservatives led by Erin O’Toole will bring back certainty and stability.
The Liberal agenda is to launch a risky experiment with Canada’s economy.
Justin Trudeau says, “We are all in this together.” But, under the Liberals, Canada is more divided than ever before.
With the Liberals, it’s the haves over the have-nots.
It’s Bay Street over Main Street.
It’s those with a salary, benefits, and a pension over those without.
It’s those with Liberal connections over the outsiders who have to play by the rules.
Instead, Erin O’Toole’s Conservatives will fight for you and your family, and the countless Canadians left behind by the Trudeau Liberal government.
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Sign below if you want to build back stronger!

Canadian Member of Parliament. Has served in Cabinet as a Minister of State in the government of Stephen Harper. Has also managed the sponsored research portfolio for one of Canada’s top research intensive universities. Has over a decade of experience in managing and commercializing intellectual property, and in management consulting. Named one of Canada’s Top 100 Most Powerful Women, Women’s Executive Network. Twice named as Parliamentarian of the Year – Rising Star, Maclean’s Magazine.

Journalist and author. Began career as a Ukraine-based stringer; went on to hold senior positions at the Globe and Mail, the Financial Times and Thomson Reuters. First elected as a Member of Parliament in November 2013, was appointed International Trade Minister in November 2015, Minister of Foreign Affairs in January 2017 and Deputy Prime Minister and Minister for Intergovernmental Affairs in November 2019. Has written two books: “Sale of the Century” (2000) and “Plutocrats” (2012).‎ In 2018, recognised as Foreign Policy’s Diplomat of the Year and awarded the Eric M. Warburg Award by Atlantik-Brücke. Speaks Russian, Ukrainian, Italian, French and English. Member of the Board of Trustees of the World Economic Forum.

Bachelor’s in Administrative Studies, York University, MBA, University of Windsor. Certified Management Accountant. Formerly: several years with the Ford Motor Company of Canada; Privy Councillor and Parliamentary Secretary to Prime Minister Paul Martin; Critic for Public Works and Government Services, the Treasury Board, International Trade, Natural Resources, and Small Business and Tourism. Member of Parliament for Mississauga-Malton; November 2015, appointed Minister of Innovation, Science and Economic Development. Former: Adjunct Lecturer, Master of Public Service programme, University of Waterloo; Distinguished Visiting Professor, Ted Rogers School of Management, Ryerson University. Former director of social and cultural organizations within the non-profit sector. Recipient of numerous awards recognizing work in promoting diversity in communities.

1988, Bachelor’s in Economics, Harvard University; 1993, Master’s in Economics and 1995, Doctorate in Economics, Oxford University. Thirteen years with Goldman Sachs in London, Tokyo, New York, Toronto. 2003-04, Deputy Governor, Bank of Canada. 2004-08, Senior Associate Deputy Minister of Finance. 2008-13, Governor of the Bank of Canada. Since July 2013, Governor of the Bank of England. Chairman, Financial Stability Board (FSB); Member: Board, Bank for International Settlements and Chairman; Group of Thirty; Board of Trustees, World Economic Forum.

Carney isn’t officially a politician, but he may as well be, considering the many roles he plays.

https://www.weforum.org/people/stephen-harper
https://www.weforum.org/people/andrew-scheer
https://www.conservative.ca/cpc/build-back-stronger/
https://www.weforum.org/people/michelle-rempel
https://www.weforum.org/people/chrystia-freeland
https://weforum.org/people/navdeep-bains
https://www.weforum.org/agenda/authors/mark-carney
https://www.weforum.org/people/jagmeet-singh

2. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. Now, the bankers work with the climate mafia and pandemic pushers to promote their mutual goals of control and debt slavery.

3. 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, run by international bankers. Plenty has also been covered on the climate 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.

4. Other Articles On CV “Planned-emic”

The rest of the series is here. Many lies, lobbying, conflicts of interest, and various globalist agendas operating behind the scenes, obscuring the “Great Reset“. The Gates Foundation finances: the WHO, the US CDC, GAVI, ID2020, John Hopkins University, Imperial College London, the Pirbright Institute, the BBC, and individual pharmaceutical companies. Also: there is little to no science behind what our officials are doing; they promote degenerate behaviour; the Australian Department of Health admits the PCR tests don’t work; the US CDC admits testing is heavily flawed; and The International Health Regulations are legally binding. See here, here, and here. The media is paid off, and our democracy is thoroughly compromised, as shown: here, here, here, and here.

5. Great Reset To Abolish Private Property

A large part of the Great Reset is abolishing real private property rights, at least for the average person. The Reset has been openly discussed for a long time, and they aren’t even bothering to hide their agenda anymore.

Beyond physical property, this refers to money as well. Overhauling the monetary system, and removing physical cash means much less (or none), control for people over their own wealth.

The World Economic Forum (and its participants), want people to view property not as theirs, but as the community’s. This is Marxism.

6. “Stakeholder Capitalism” Being Pushed

The concept of stakeholder capitalism has been gaining traction against the prevailing shareholder-primacy model of profit maximization. As the World Economic Forum’s founder, Klaus Schwab, asked in a recent editorial: “What kind of capitalism do we want”?

Profits are not the sole purpose of a business. Let us remind ourselves that corporations exist to solve problems and provide services. If they are successful at doing this, shareholder long-term returns can increase, as society in general is better served.

The debate regarding the role of stakeholders within a firm is, primarily, a governance debate. As in most challenges that require robust leadership to change the way we live, work and interact, transformation starts from the top. Corporate governance sits at the heart of this – and for this reason, the World Economic Forum has recently published a framework structured around seven pillars:

These people are communists, but want to make it less obvious. Consequently, they refer to property owners as “shareholders”, and the public at large as “stakeholders”. The focus is on converting from a shareholder economy to a stakeholder one.

7. Great Reset & Digital Cooperation

A lot of what is talked about is access to the internet for more and more of the population. While this sounds fine, there are areas that are quite alarming. These include the ever ambiguous “trust and safety” provisions, laid out in the Digital Cooperation Roadmap.

Terrorist groups and violent extremists have exploited the Internet and social media to cause harm in both the digital and physical worlds. Cyberattacks and disinformation campaigns targeting election infrastructure, political parties and politicians are undermining political participation, as well as the legitimacy of essential institutions, while sowing discontent and mistrust. States and non-State actors are rapidly increasing their cyber capabilities and developing increasingly sophisticated cyber arsenals. Nevertheless, close to half of all countries in the world do not have a Computer Emergency Response Team, which would give them the organizational and technological capacity to respond to cyberthreats.

Over the past few years, important efforts have been under way to address the rising threats to the online world. Encouraging voluntary efforts have been seen, including the Paris Call for Trust and Security in Cyberspace, the Global Forum on Cyber Expertise, the Global Commission on the Stability of Cyberspace and the Contract for the Web, many of which are multi-stakeholder, as well as initiatives on specific issues, such as the Christchurch Call to Action to address terrorist and violent extremist narratives. The initiatives have helped to bring about important progress for multi-stakeholder engagement. However, these efforts are not yet universal, and their reach, though broad in some cases, does not yet cover large swathes of the world.

Of course, everyone supports free speech. However, there needs to be some global regulations, such as digital cooperation, to manage it all.

Along with the dilution of free speech, one can expect privacy to be eroded as well. After all, you can’t hunt down people to cut off their freedom if you don’t know who they are.

8. WEF Great Reset & Digital Identity

At the World Economic Forum’s Annual Meeting 2018 in Davos, a diverse group of public and private stakeholders committed to shared cooperation on advancing good, user-centric digital identities. The Platform for Good Digital Identity seeks to advance global activities towards digital identities that are collaborative and put the user interest at the center: e.g. they are fit for purpose, inclusive, useful, secure, and offers choice to individuals. It will do so by advancing the Identity Coalitions Network: the learning and action network of organizations that implement Good ID solutions that are human centric and collaborative, by:
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– Mapping digital identity coalitions advancing digital identity
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– Encouraging shared learnings and new coalitions through a global action network
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– Focusing on practitioners implementing user-centric use cases collaboratively: e.g. e-KYC, payments, health credentials, safe work, safe mobility, etc.
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– Creating a digital identity implementation guidance for current and future coalitions

Well, the digital ID system will make it easier to eliminate cash, since everyone will be hooked into the financial system electronically. No word on people being microchipped, but that will probably come up later.

The other benefit (from their perspective), is that it becomes much easier to erase and financially cripple dissidents if they are completely dependent on the electronic systems.

9. Central Bankers Support Great Reset

Taking place from 16-20 Nov, the Pioneers of Change Summit is happening as the news is full of optimistic reports about vaccines for COVID-19. If there is light at the end of the tunnel, what needs to happen next to get economies back on their feet and make the transformations needed to cope with future pandemics and climate change – and to make the benefits of scientific advances available to all?

Christine Lagarde, head of the ECB, (European Central Bank), appeared on the Pioneers of Change podcast.

10. Central Banks Pushing Digital Currency

The decline of cash use in western economies has accelerated due to COVID-19. Meanwhile, central bank digital currencies are emerging, potentially upending the existing global economic hierarchy.

Lockdowns limit physical interactions and naturally reduce physical cash use. But there also credible concerns that paper money can transmit the virus. Research has shown that the average European banknote plays host to around 26,000 colonies of bacteria. The human influenza virus can survive on a banknote for up to 17 days; with one-dollar and five-dollar bills changing hands more than 100 times per year on average, the risk during a global pandemic is considerable.

Who then can blame the People’s Bank of China (PBOC) when it announced in February that it would be destroying cash collected in high-risk environments, such as public transport, markets or in hospitals?

China is not alone. Deutsche Bank Research has tracked almost 20 digital currency projects led by central banks across all regions globally. Meanwhile, the private banking sector has also launched multiple initiatives, such as the R3 consortium, or in India, the Blockchain Infrastructure Company.

Using the “pandemic” to convert to cashless system had been decried for a long time as a conspiracy theory. Now, it is quite openly admitted, but advocates just put a different spin on it.

11. Central Banks Support Climate Hoax

https://www.weforum.org/agenda/2020/02/fossil-fuel-monetary-policy-economics-reassessment/
https://www.weforum.org/agenda/2015/01/financial-policymakers-climate-change/

In a 2015 speech, Mark Carney, the outgoing governor of the Bank of England, sparked a debate about whether monetary policymakers should look beyond the horizon of the business and credit cycles to ensure financial stability in light of the risks posed by climate change. More recently, European Central Bank President Christine Lagarde has said that she wants the ECB to tackle climate change, in addition to its traditional price-stability remit.

The climate threats to financial stability that central bankers worry about could arise not only from increasingly frequent and severe natural disasters, but also from the shift away from fossil fuels as a source of energy. That transition ultimately would turn reserves of oil, natural gas, and coal into stranded assets, jeopardizing the financial health of corporations, insurers, and other financial institutions that are exposed to fossil fuels.

The overall exposure of advanced economies such as the United Kingdom or those of the European Union to fossil fuels may appear to be relatively small. Nonetheless, we should not underestimate the systemic risk posed by stranded assets – after all, the 2008 global financial crisis was triggered by developments in the relatively small subprime mortgage market in the United States. And, for fossil-fuel exporters, stranded-asset risks are undeniably larger. The collapse in oil prices that started in June 2014 provided a recent stark reminder of the risks posed by excessive dependence on fossil fuels.

In addition, central banks’ response to the risk of stranded assets may influence how fossil-fuel exporters invest their wealth. Many oil exporters have accumulated vast financial assets. These countries’ strategic allocation of such assets is all the more important given the mounting risks to their main source of wealth. By looking beyond the business-cycle horizon, central banks can play a critical role in facilitating these countries’ investments in non-fossil-fuel assets.

In the face of the challenge posed by climate change, the focus of monetary policy often seems very short term. Central bankers must break this “curse of horizons” and take decisive steps to address fossil-fuel-related risks. They need to reflect on and communicate the existential threat of stranded reserves and capital, advocate the adoption of appropriate structural policies, pursue a suitable interest-rate policy, and provide supportive financial policies to encourage both economic diversification and changes in strategic asset allocation. Combating climate change while maintaining global financial stability requires nothing less.

A question has to be asked here: have the bankers simply infiltrated and hijacked the environment movement? Or have they always played a role, even if behind the scenes?

Instead of simply ripping off the public under the guise of fiscal policy, now it’s done under the pretense of stopping climate change.

12. WEF Interested In Gun Control

Canada’s Liberal government unveiled proposals on Tuesday to tighten already tough gun control laws to address a spike in crimes involving firearms, including a deadly attack on a mosque last year.

The measures include enhanced background checks on people seeking to buy firearms, especially those with a history of violence. They also would oblige retailers to maintain adequate records of inventories and sales.

The World Economic Forum took notice of Bill C-71, introduced in 2018 to create a backdoor long gun registry, and to make it harder to own guns. In fact, WEF publishes many articles on the topic of guns, and gun control.

13. WEF’s Predicted Dystopian Paradise

You’ll own nothing, and you’ll be happy.
Can’t really top that.

This has nothing to do with a virus. It is, and has always been, about implementing much larger social changes. Everything in the mainstream media is a lie.

Some Thoughts On Leslyn Lewis’ Pro-Paris Accord PhD Dissertation

Leslyn Lewis finished her PhD dissertation in May 2019 from York University, in Toronto. It covered a number of legal areas around climate change, the Paris Accord, intellectual property, and trade agreements. Months after finishing, she ran for the leadership of the CPC, as Andrew Scheer had been forced out.

1. About Leslyn Lewis’ PhD Dissertation

To start out: the quality of the writing is very good. The content is well organized and the paper well cited. This wasn’t just some mess hastily thrown together. This is not to question her reading or writing abilities — which are impressive — but to ask ideologically what she stands for.

However, the concern now starts to creep in. This wasn’t some undergraduate paper written 20 or 30 years ago, but Lewis’ PhD dissertation. She finished it in 2019, at the age of 48.

From the content of the paper, it seems clear that Lewis fully embraces the climate change scam as a reality. She supports the Paris Agreement, despite its explicit and repeated focus on “climate finance, and its focus on “alternative energy sources”. She appears to have bought into the green agenda. The paper itself discusses (among other things), how trade agreements and intellectual property disputes can impede efforts to fight climate change.

Less than a year later, Lewis, (a political unknown), would be running for the Conservative Party of Canada leadership. She finished 3rd. Like most “conservatives”, she sings the praises of the UNSDA and Paris Accord, only objecting to a Carbon tax.

Lewis also calls herself a “social conservative”, but was once a Director at LEAF, the Women’s Legal Education & Action Fund. LEAF is a pro-death, anti-family organization.

2. Offshoring, Globalization, Free Trade

The other posts on outsourcing/offshoring are available here. It focuses on the hidden costs and trade offs society as a whole has to make. Contrary to what many politicians and figures in the media claim, there are always costs to these kinds of agreement. These include: (a) job losses; (b) wages being driven down; (c) undercutting of local companies; (d) legal action by foreign entities; (e) industries being outsourced; (f) losses to communities when major employers leave; and (g) loss of sovereignty to foreign corporations and governments. Intellectual property also becomes a tricky issue. Don’t believe the lies that these agreements are overwhelmingly beneficial to all.

3. 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, run by international bankers. Plenty has also been covered on the climate 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.

4. Quotes From Lewis’ 2019 Dissertation

The dissertation consists of several chapters, each with its own abstract. The document itself is large enough to stand alone as a book. This review doesn’t really do justice to the volume of writing, but outlines the more interesting parts.

(screenshots from the dissertation)

[Page 112]
ABSTRACT
Climate change abatement strategies are intrinsically linked to policies that encourage the use of alternative energy sources such as renewable energies. The importance of these strategies has been entrenched in various World Trade Organization (WTO) treaties including the Agreement on Subsidies and Countervailing Measures (“SCM Agreement”), Agreement on Trade-related Aspects of Intellectual Property Rights (“TRIPS”), Agreement on Trade-Related Investment Measures (“TRIMs”), as well as pre-WTO treaties like the General Agreement on Tariffs and Trade (“GATT”). The issue of environmental subsides, specifically renewable energy subsidies, have resurfaced in a number of disputes before the WTO Dispute Settlement Body since its first green subsidy case, brought in 2010 by Japan against Canada’s Feed-In Tariff Program (“FIT Program”). In the initial case, Japan alleged that the Ontario FIT Program’s local content requirement was discriminatory against foreign renewable energy products. Moreover, discrimination amounted to a prohibited subsidy under the SCM Agreement and was simultaneously contrary to the most favourable nation status (“MFN”) under the GATT. This decision raises concern about whether the SCM Agreement poses a barrier to governmental policies promoting FIT Programs to encourage renewable energy usage and its impact on the developing world. Specifically, do treaties like the SCM Agreement impede the development of government climate change abatement policies by requiring these programs to meet a minimum standard of trade compliance? Should WTO treaties like the SCM Agreement be amended to include flexibilities to combat climate change, especially in light of the goals set in the 2015 Paris Agreement on climate change? This paper will review the WTO subsidy rules and query whether flexibilities need to be entertained within the area of nonactionable subsidies. This mode of inquiry questions whether FIT Programs be classified as subsidies under the SCM Agreement. If FIT Programs are properly classified as subsidies, should these initiatives be granted an exemption under the SCM Agreement on the basis of public policy— with the goal of facilitating affordable renewable energy and climate change abatement in the developing world?

For better or for worse, there are a number of trade regulations, such as those imposed by the World Trade Organization. These set out guidelines for international trade. Lewis makes an argument that perhaps exceptions should be put into such rules in certain circumstances. In this case, she specifically refers to climate change and complying with the Paris Agreement.

[Page 171]
ABSTRACT
Intellectual property law was constructed to facilitate innovation and development by granting a limited monopoly in exchange for the public’s right to use an invention after the period of exclusivity expires. The trade-off of granting intellectual property protections in reward for the investment in an invention is intended to be a temporary benefit. Trade secrets have been thought of as the weakest form of intellectual property, because non-disclosure is the only form of protection. In other words, infringement of a trade secret occurs upon the unauthorized disclosure of the secret. However, absent reverse engineering and/or legitimate disclosure, protection over trade secrets may arguably extend the exclusivity rights in perpetuity. The debate on “evergreening” has focused largely on extending the life cycle of pharmaceutical patents to the omission of other forms of intellectual property, like trade secrets. The concept has also been widely ignored in relation to climate change abatement technologies. In this regard, considerations around evergreening and trade secrets have been substantially neglected. The loophole in international intellectual property treaties, like Trade Related Aspects of Intellectual Property Rights (“TRIPS”), may lead to inequalities between industrial nations and developing ones, especially for products like photovoltaic solar panels that rely heavily on trade-secret protection. In addition, this non-disclosure may also impact on green technology transfer and may impede climate change abatement strategies in the developing world. This paper will explore the practice of evergreening as it relates to the prospect that trade secret protection may extend beyond the 20-year limit, as prescribed in TRIPS, and the implications of this practice for developing countries that seek to meet climate change commitments as outlined in the 2016 Paris Climate Change Agreement (the “Paris Agreement”). Arguably, the absence of a fixed statutory period for trade secrets may enable patent owners to participate in creative ways to “evergreen” their products or processes, with the result of extending the life-cycle. The practice of evergreening through trade secrets may have a negative impact on the ability of developing nations to meet their national climate change objectives. Specifically, international treaties like TRIPS, the General Agreement on Tariffs and Trade, 1994 (“GATT”), the United Nations Framework Convention on Climate Change (the “UNFCCC”), and the Paris Agreement, have attempted to incorporate climate change flexibilities that assist developing countries in meeting their climate change goals. The efficacy of technology transfer provisions in international law will be examined within the context of how the lack of a fixed term for trade secrets impacts on actual green technology transfer. It will canvass whether trade secret protection of off-patent green technologies acts as an inadvertent barrier to technology transfer within the developing world.

Intellectual property is what it sounds like. When a person creates or discovers things, they have certain rights to it. This makes sense. Patents prevent others from scooping and using another’s inventions, at least for a number of years. Trademarks or copyright prevent others from using creations or designs (subject to fair dealing limitations).

Lewis raises the argument of making exceptions to these IP laws if they were used for a “greater good”, such as combatting climate change.

[Page 245]
ABSTRACT
A number of Conference of Parties (“COP”) to the United Nations Framework on Climate Change (“the UNFCCC”) have addressed the issue of climate change and its effect on the developing world. Energy insecurity must be addressed as a precondition to sustainable development, along with the regional factors that pose legal and institutional barriers to implementing of green energy projects in sub-Saharan Africa. Many sub-Saharan African nations have enacted renewable energy laws and regulations to increase investor confidence in green energy projects. Despite current regulatory enhancements, investors are still reluctant to invest in the region due to financing and political risks. Climate financing could potentially address investor concerns, however, initiatives like the Green Climate Fund (“GC Fund”) and the African Climate Change Fund need to be implemented in a manner that promotes confidence among investors in these high capital projects. Arguably, for climate financing to achieve its full potential in sub-Saharan Africa it must be implemented in an innovative fashion that contemplates the infrastructure, environment and social governance for investments as well as fulfilling the dual goal of development and balancing national commitments under the Paris Climate Change Agreement (COP 21).

In this chapter Lewis goes on to make the argument that “climate financing”, (which really means a variety of Carbon taxes), should be implemented in order to fulfill the Paris Agreement and promote development in the 3rd World.

Lewis doesn’t seem to have an issue with intellectual property or trade regulations on principle. She just argues that exceptions should be made for fighting climate change.

These, of course, are just abstracts of a few chapters, not the entire dissertation. The whole document is quite long, nearly 400 pages when all the references and citations are added in.

5. Paris Accord Will Kill Oil & Gas Industry

Just read Article #9…..

Article 9
1. Developed country Parties shall provide financial resources to assist developing country Parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention.

2. Other Parties are encouraged to provide or continue to provide such support voluntarily.

3. As part of a global effort, developed country Parties should continue to take the lead in mobilizing climate finance from a wide variety of sources, instruments and channels, noting the significant role of public funds, through a variety of actions, including supporting country-driven strategies, and taking into account the needs and priorities of developing country Parties. Such mobilization of climate finance should represent a progression beyond previous efforts.

4. The provision of scaled-up financial resources should aim to achieve a balance between adaptation and mitigation, taking into account country-driven strategies, and the priorities and needs of developing country Parties, especially those that are particularly vulnerable to the adverse effects of climate change and have significant capacity constraints, such as the least developed countries and small island developing States, considering the need for public and grant-based resources for adaptation.

5. Developed country Parties shall biennially communicate indicative quantitative and qualitative information related to paragraphs 1 and 3 of this Article, as applicable, including, as available, projected levels of public financial resources to be provided to developing country Parties. Other Parties providing resources are encouraged to communicate biennially such information on a voluntary basis.

6. The global stocktake referred to in Article 14 shall take into account the relevant information provided by developed country Parties and/or Agreement bodies on efforts related to climate finance.

7. Developed country Parties shall provide transparent and consistent information on support for developing country Parties provided and mobilized through public interventions biennially in accordance with the modalities, procedures and guidelines to be adopted by the Conference of the Parties serving as the meeting of the Parties to this Agreement, at its first session, as stipulated in Article 13, paragraph 13. Other Parties are encouraged to do so.

8. The Financial Mechanism of the Convention, including its operating entities, shall serve as the financial mechanism of this Agreement.

9. The institutions serving this Agreement, including the operating entities of the Financial Mechanism of the Convention, shall aim to ensure efficient access to financial resources through simplified approval procedures and enhanced readiness support for developing country Parties, in particular for the least developed countries and small island developing States, in the context of their national climate strategies and plans.

Paris Agreement Full Text

That is, of course, just Article 9. Here is an earlier review. Claiming to be able to implement the Paris Accord without Carbon taxes is disingenuous, as large parts of the Agreement specifically refer to climate finance.

While many could claim that they never actually read the Agreement, Lewis’ dissertation revolves around this and the Sustainable Development Agenda. She quotes it at length. She has clearly read and understood what is going on. The dissertation is very well written, and it’s clear a lot of work went into it.

So what does Leslyn Lewis actually believe when it comes to climate change, the Paris Agreement, and various UN taxes? Who knows?

Note: Since Lewis did run to become head of the CPC (and official Opposition Leader), and since she is still running for office, she is a public figure.

As an side: Alberta MP Garnett Genuis tried to defend voting for the Paris Agreement in 2017. It didn’t go well. Here is a clip of him with Ezra Levant from Rebel News.

International Bankers Run The Climate Change Industry, Science Is Irrelevant

People in the climate change movement frequently gaslight skeptics as “deniers” and “anti-science”. While they may be dismissed as ideologues, there is another angle to look at. This isn’t a grassroots organization, but one financed and supported by the banking industry. Under the guise of preventing climate change, it’s possible to further enslave humanity forcing even more debt upon them.

Side note: “Coalition of the willing” was an expression George W. Bush used to describe the illegal invasion of Iraq in 2003.

1. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. Now, the bankers work with the climate mafia and pandemic pushers to promote their mutual goals of control and debt slavery.

Also see: Part 1, Part 2, and Part 3 of the subseries.

2. International Bankers Run Climate Scam

Many believe that central banks are part of the government, but that often isn’t true. Many are private companies. These banks then “create” money out of nothing and then lend it (at interest) to the respective governments. There’s no public benefit to doing this, as the private banks become the only source that can lend money. The only way to make up a shortfall is to borrow more.

The modern climate change agenda is just another way to fleece the public. Under the pretense of “combatting climate change”, governments are subjected to rules and regulations, which cannot be fulfilled. For example, Carbon Dioxide is plant food — necessary for photosynthesis — and it cannot simply be removed from the atmosphere. However, so-called experts tell us that drastic changes are needed. Alternatively, simply pay fees (such as Carbon taxes), and all will be forgiven.

As will be shown, central banks are fully complicit in the climate hoax. The bankers fully support this, and are pushing for the narratives to be embedded into financial policies. After all, who would care about climate change if there wasn’t a lot of money to be made?

There are undeniably many well-meaning people who are against the disaster they are TOLD is happening. However, they are just being used as pawns. Vocal opponents are used to put public pressure on governments to shell out money in order to “do something”.

3. Koch-Funded Fraser Institute On Pricing

This was covered in an earlier piece. Joel Wood of the Fraser Institute gave a lecture on various climate pricing options. It was never really explained how any of this stopped climate change. Of course, Fraser isn’t a bank, but they do act as a “think tank” trying to influence public policy.

4. Climate Bonds Initiative On Central Banks

About us
Climate Bonds Initiative is an international organisation working solely to mobilise the largest capital market of all, the $100 trillion bond market, for climate change solutions
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We promote investment in projects and assets necessary for a rapid transition to a low carbon and climate resilient economy.
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The strategy is to develop a large and liquid Green and Climate Bonds Market that will help drive down the cost of capital for climate projects in developed and emerging markets; to grow aggregation mechanisms for fragmented sectors; and to support governments seeking to tap debt capital markets.
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Climate Bonds Initiative is an investor-focused not-for-profit. Our work therefore is an open source public good and falls into three workstreams.

The Climate Bonds Initiative talks about climate change the way that bankers talk about credit risks. It pushes the idea that behaviour should be examined for risk, and rewarded or punished accordingly. Now, CBI has a financial stake in pushing climate bonds, which is a serious conflict of interest. CBI believes that climate bonds are an industry worth in excess of $100 trillion.

Not really about the climate, is it?

5. Bank Of Canada On Climate Change

Investment decisions are changing
More investors—from individual Canadians to big companies like those that manage pension funds—are looking at environmental factors when making investment decisions.

This shift in investor preferences can help in the move to a low-carbon economy, but investments in carbon-intensive industries may become less attractive.

Many businesses are choosing to report on their own carbon footprint and the risks they face from climate change. This transparency can help businesses better manage these risks and provide comfort to investors. Businesses that aren’t as transparent may be viewed as higher risk.

Why are central banks thinking about climate change?
The Bank of Canada is ramping up efforts to better understand climate change because of its important effects on the economy and prices (inflation). The Bank also needs to understand the risks from climate change on the financial system as part of efforts to help keep it safe for Canadians.

Central banks cannot solve climate change
Central banks do not set environmental policy; that’s the job of governments. But central banks are in a unique position to improve society’s understanding of the economic and financial system impacts of climate change and the policies to address it. This can help investors, regulators and everyday Canadians make informed decisions.

The Bank of Canada claims not to set environmental policy. However, it also admits to trying to drive behaviour by pushing for certain types of financial decisions. Interestingly, Mark Carney never gives a straight answer on what will happen to the oil & gas sector.

6. Bank Of England On Climate Change

Our response to climate change
The Bank’s response to climate change is motivated by its statutory objectives. The first involves promoting safety and soundness by enhancing the PRA’s approach to supervising the financial risks from climate change. The second involves enhancing the resilience of the UK financial system by supporting an orderly market transition to a low-carbon economy. We first set out our strategy for responding to these risks in an article published in the June 2017 edition of our Quarterly Bulletin.

We set up the Future of Finance project to look at how financial services might evolve over the next decade, and what this could mean for everyone who uses, provides or regulates them. Huw van Steenis led the review and published his findings and recommendations in June 2019. This included the recommendation for the Bank to promote the smooth transition to a low carbon economy. The Bank set out its response to that review and committed to take action to support an orderly transition.

Bank of England climate-related financial disclosure
The Bank published its own climate-related financial disclosure for the first time in June 2020. This sets out the Bank’s approach to managing the risks from climate change across its entire operations, and explains what it’s doing to improve its understanding of these risks. This forms part of the Bank’s work under its strategic goal on climate change. It reflects the importance that the Bank attaches to climate-related risk disclosure, and the high standards that it expects both of itself, and the firms it regulates.

Mark Carney has headed the Bank of England, in addition to the Bank of Canada. The BoE intends to make climate change a main factor its financial decisions. And some of England’s “dirty” industries are going to be phased out in favour of “green” industries. It doesn’t appear to be optional.

7. U.S. Federal Reserve On Climate Change

Let’s start with monetary policy. Increasingly, it will be important for the Federal Reserve to take into account the effects of climate change and associated policies in setting monetary policy to achieve our objectives of maximum employment and price stability. Monetary policy seeks to buffer the economy from unexpected adverse disruptions, or “shocks.” It is generally more challenging for monetary policy to insulate the economy from shocks to the supply side of the economy than to the demand side. So it is vital for monetary policymakers to understand the nature of climate disturbances to the economy, as well as their likely persistence and breadth, in order to respond effectively.

Although perhaps not done as formally as other banks, the Federal Reserve, (which is a private bank), has now stated that climate change will become an increasingly important component in the decisions it makes.

8. European Central Bank On Climate Change

The financial community’s most important action with regard to climate change has happened in the last few years: many stakeholders in the financial industry, and central bankers, too, have realised that climate change is not an issue for next century. It’s an issue for now, and it’s a topic not only for other sectors but also for the financial sector and for central bankers and supervisors.

The ECB is paying a lot more attention to climate risks, not least through its participation in the Network for Greening the Financial System (NGFS). We think about and work on climate change-related risk from four broad perspectives:
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-There is the question of how we use our micro-prudential supervisory arm to assess and address climate change-related risk in banks.
-There is the question of climate change-related risk and its impact on financial stability.
-There is the question of whether and how we take climate change into account in our investments in own funds and pension funds.
-And there is the question of how we assess the potential impact of climate change on the factors that are important to monetary policy.

The ECB, or European Central Bank, takes the stance that climate change needs to be factored into almost every aspect of finance and commerce. No skepticism whatsoever of the agenda.

9. Network For Greening The Financial System

Purpose of the Network for Greening the Financial System
The Network’s purpose is to help strengthening the global response required to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development. To this end, the Network defines and promotes best practices to be implemented within and outside of the Membership of the NGFS and conducts or commissions analytical work on green finance.

This is essentially a coalition of central banks who have all bought into the climate change agenda, and who seek to embed it into every part of the financial sector. All of this is done with an eye towards the Paris Accord.

10. International Monetary Fund In 2019

This was from an October 2019 conference the IMF (International Monetary Fund held. The topic was whether or not central banks have a role to play in the climate change agenda. They all agreed, yes, and that financial pressures can be applied to get people to fall in line.

Climate change has potential to do significant economic harm, and poses worrying tail risks. It is a global externality—one country’s emissions affect all countries by adding to the stock of heat-warming gases in the earth’s atmosphere from which warming arises.

The process of climate change is set to have a significant economic impact on many countries, with a large number of lower income countries being particularly at risk. Macroeconomic policies in these countries will need to be calibrated to accommodate more frequent weather shocks, including by building policy space to respond to shocks. Infrastructure will need to be upgraded to enhance economic resilience.

Elsewhere, climate change can entail significant risks to macrofinancial stability. Nonfinancial corporate sectors face risks from climate damages and stranded assets—such as coal reserves that become uneconomic with carbon pricing—and the disruption could affect corporate balance sheet quality.

The IMF claims that climate change is a threat to both financial stability and to economic growth.

11. World Bank Introduces Green Bonds

In 2008, the World Bank launched the “Strategic Framework for Development and Climate Change” to help stimulate and coordinate public and private sector activity to combat climate change. The World Bank Green Bonds is an example of the kind of innovation the World Bank is trying to encourage within this framework.

The World Bank Green Bond raises funds from fixed income investors to support World Bank lending for eligible projects that seek to mitigate climate change or help affected people adapt to it. The product was designed in partnership with Skandinaviska Enskilda Banken (SEB) to respond to specific investor demand for a triple-A rated fixed income product that supports projects that address the climate challenge.

Since 2008, the World Bank has now issued over USD 13 billion equivalent in Green Bonds through more than 150 transactions in 20 currencies.

World Bank Green Bonds are an opportunity to invest in climate solutions through a high quality credit fixed income product.

The triple-A credit quality of the Green Bonds is the same as for any other World Bank bonds.
Positive environmental returns by supporting World Bank projects addressing mitigation and adaptation solutions for climate change

The World Bank launched the first green bonds over a decade ago. The stated goal was to be able to raise large sums of money in order to combat climate change, or to help people who have already been impacted by it.

Bit of a side note: the World Bank is also involved in selling vaccine bonds globally. It doesn’t add anything other than drive up the cost of the nations’ pledges, by adding in a bunch of middlemen.

12. Bank For Int’l Settlements, Green Bonds

The Bank for International Settlements is integrating climate change into its priorities, despite it not being within their mandate. See here, here and here. BIS is a “central bank for central banks”, and it should focus exclusively on monetary policy. However, like the individual banks, BIS apparently sees nothing wrong with getting involved in unrelated issues.

13. Mark Carney, UN Climate Finance

On 1 December 2019, in Madrid, Spain, the Secretary-General announced the appointment of Mr. Mark Joseph Carney, OC, of Canada as his Special Envoy on Climate Action and Finance. As Special Envoy, he will focus on ambitious implementation of climate action, with special attention to significantly shifting public and private finance markets and mobilizing private finance to the levels needed to achieve the 1.5°C goal of the Paris Agreement. This will include building the frameworks for financial reporting, risk management and returns in order to bring the impacts of climate change to the mainstream of private financial decision making and to support the transition to a net zero carbon economy.

We need unprecedented climate action on a global scale. And public and private financial systems must be transformed to provide the necessary finance to transition to low-emission and resilient systems and sectors. The Secretary-General will count on Mark Carney to galvanise climate action and transform climate finance as we build towards the 26th Conference of the Parties (COP) meeting in Glasgow in November 2020

Mr. Carney began his career at Goldman Sachs before joining the Canadian Department of Finance and later serving as the Governor of the Bank of Canada (2008-2013). He was born in Fort Smith, Northwest Territories, Canada in 1965. He received a bachelor’s degree in Economics from Harvard University in 1988. He went on to receive a master’s degree in Economics in 1993 and a doctorate in Economics in 1995, both from Oxford University.

It was announced almost a year ago that Carney would be joining the UN once his current contract ended. This is the same Mark Carney who has been in charge of both the Bank of Canada, and the Bank of England. This is the same man who pushed the climate change agenda in both jobs. Now, he works for the United Nations Climate Action & Finance Division.

Carney also has made a not-so-subtle threat. Companies who don’t play ball with the climate change agenda will go bankrupt. This just seems like a modern version of the mafia.

14. A New Technique To Siphon Money

Do any of these measures make the environment cleaner, or stop climate change? No, but that isn’t their purpose. The goal is to use these measures as a means of extracting large amounts of money from countries.

Previously, private central bankers ripped off the public by having policies enacted that forced governments to borrow money at interest. (Well, they still do that). However, it seems the next iteration is to persuade governments to shovel money — usually borrowed — at climate change initiatives. How exactly this stops climate change is never really explained.

Yes, a lot of these payments simply disappear, but money also gets funneled into: (a) climate bonds; (b) is loaned to countries who can’t pay it back, resulting in debt-for-nature swaps; or (c) used for a variety of alternative purposes.

This isn’t environmentalism here. It’s just another scam that bankers are perpetuating on the unsuspecting public.

CCS #12(B): Green Climate Fund, And The GLOBAL Green New Deal

The Green Climate Fund is heavily pushing for countries to use this “pandemic” as a chance to implement widespread social changes. Others claim that climate change makes the world vulnerable to it happening again. If this wasn’t planned out, then at a minimum, it comes across as very opportunistic.

1. Debunking The Climate Change Scam

The entire climate change industry, (yes, it’s an industry) is a hoax perpetrated by powerful people colluding against national interests. 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, as the issue goes much deeper than what’s reported. Also, conservatives are intentionally sabotaging their court cases.

2. Important Links

https://www.youtube.com/watch?v=Ye7bC-OSJq8
https://www.youtube.com/watch?v=plrD1ICEFC4
https://www.youtube.com/watch?v=OtDndpaYljc

UN Framework Convention On Climate Change
Text Of 2010 UNFCCC Document
https://www.greenclimate.fund/about
South Korea: Global Green New Deal
Green Climate Fund Strategic Plan, 2020 to 2023
Mandatory Climate-Related Disclosures In New Zealand
Climate-Related Financial Disclosures In UK
https://twitter.com/theGCF/status/1308602992300560384
https://twitter.com/AniaGrobicki1/status/1324520561171521536/photo/1
https://twitter.com/antonioguterres/status/1299341836948058112

HR 109: Green-New-Deal-FINAL
The Lies Of Alexandria Ocasio-Cortez
Erin O’Toole: Build Back Stronger
Speech By Mark Carney (From 2015)

3. Green Climate Fund Conference Speakers

Letting the members speak for themselves might be the best option. They quite openly talk about how the Covid-19 “pandemic” creates an opportunity to implement broader social changes. It was never really about a virus, as that’s just an excuse. See here, here and here. Even giving them the benefit of the doubt, all of this comes across as very opportunistic.

4. UN Framework Convention On Climate Change

Background
At COP 16 held in Cancun, by decision 1/CP.16, Parties established the Green Climate Fund (GCF) as an operating entity of the Financial Mechanism of the Convention under Article 11. The Fund is governed by the GCF Board and it is accountable to and functions under the guidance of the COP to support projects, programmes, policies and other activities in developing country Parties using thematic funding windows.

The Green Climate Fund was a creation based on Article 11 of the UNFCCC, the United Nations Framework Convention on Climate Change, signed in December 2010.

[Article] 11. Agrees that adaptation is a challenge faced by all Parties, and that enhanced action and international cooperation on adaptation is urgently required to enable and support the implementation of adaptation actions aimed at reducing vulnerability and building resilience in developing country Parties, taking into account the urgent and immediate needs of those developing countries that are particularly vulnerable;

The Green Climate Fund was approved, (at least in principle), because of this article of the treaty.

5. What Is The Green Climate Fund?

The Green Climate Fund (GCF) is the world’s largest dedicated fund helping developing countries reduce their greenhouse gas emissions and enhance their ability to respond to climate change. It was set up by the United Nations Framework Convention on Climate Change (UNFCCC) in 2010. GCF has a crucial role in serving the Paris Agreement, supporting the goal of keeping average global temperature rise well below 2 degrees C. It does this by channelling climate finance to developing countries, which have joined other nations in committing to climate action.

Responding to the climate challenge requires collective action from all countries, including by both public and private sectors. Among these concerted efforts, advanced economies have agreed to jointly mobilize significant financial resources. Coming from a variety of sources, these resources address the pressing mitigation and adaptation needs of developing countries.

GCF launched its initial resource mobilisation in 2014, and rapidly gathered pledges worth USD 10.3 billion. These funds come mainly from developed countries, but also from some developing countries, regions, and one city.

GCF’s activities are aligned with the priorities of developing countries through the principle of country ownership, and the Fund has established a direct access modality so that national and sub-national organisations can receive funding directly, rather than only via international intermediaries.

The Fund pays particular attention to the needs of societies that are highly vulnerable to the effects of climate change, in particular Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.

GCF aims to catalyse a flow of climate finance to invest in low-emission and climate-resilient development, driving a paradigm shift in the global response to climate change.

Our innovation is to use public investment to stimulate private finance, unlocking the power of climate-friendly investment for low emission, climate resilient development. To achieve maximum impact, GCF seeks to catalyse funds, multiplying the effect of its initial financing by opening markets to new investments.

Balanced portfolio
GCF’s investments are aimed at achieving maximum impact in the developing world, supporting paradigm shifts in both mitigation and adaptation. The Fund aims for a 50:50 balance between mitigation and adaptation investments over time. It also aims for a floor of 50 percent of the adaptation allocation for particularly vulnerable countries, including Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.

Unlocking private finance
The Fund is unique in its ability to engage directly with both the public and private sectors in transformational climate-sensitive investments. GCF engages directly with the private sector through its Private Sector Facility (PSF). As part of its innovative framework, it has the capacity to bear significant climate-related risk, allowing it to leverage and crowd in additional financing. It offers a wide range of financial products including grants, concessional loans, subordinated debt, equity, and guarantees. This enables it to match project needs and adapt to specific investment contexts, including using its funding to overcome market barriers for private finance.

On the surface, all of this sounds fine. The Green Climate Fund claims that it’s raising money to deal with environmental affairs. However, it’s not so straightforward. This isn’t about preventing climate change, but about using warnings and fears about it to make money.

6. AOC: House Resolution 109, Green New Deal

Green-New-Deal-FINAL

While AOC is frequently mocked for low intelligence, the reality is that a lot of her actions are motivated by deceitfulness, not being naive. Take for example, House Resolution 109, the infamous Green New Deal. This was introduced in 2019, not long after she was elected to Congress.

Chakrabarti had an unexpected disclosure. “The interesting thing about the Green New Deal,” he said, “is it wasn’t originally a climate thing at all.” Ricketts greeted this startling notion with an attentive poker face. “Do you guys think of it as a climate thing?” Chakrabarti continued. “Because we really think of it as a how-do-you-change-the-entire-economy thing.”

That admission pretty much killed Resolution 109. It became clear at that point that Alexandria Ocasio-Cortez and her staff didn’t actually believe in what they were pushing. Instead, this was a pretext to enact a much larger social agenda.

Ocasio-Cortez was just a puppet in a much larger scheme.

7. The GLOBAL Green New Deal

The head of the Green Climate Fund (GCF) on Thursday called for a global Green New Deal in which redirected financial flows usher in an age of sustainable, post-pandemic growth that takes the heat out of dangerous planetary warming.

“Climate action and COVID-19 recovery measures must be mutually supportive to be effective,” said GCF Executive Director Yannick Glemarec during an international conference in South Korea exploring how COVID-19 recovery efforts can be directed away from investments that are harming the planet towards those creating a global green economy. 

The conference focused on South Korea’s national plans to counter the effects of the pandemic through economic recovery pathways leading to future carbon neutrality, while also reflecting on how similar “Green New Deals” are being adopted across the world.

Reflecting the urgency COVID-19 has brought to the need to take climate action, conference participants considered how the paths that countries take now in recovering from COVID-19 will determine whether the world achieves the Paris Agreement goals and a net zero emissions future.

The Government of South Korea, for example, seems to have fully embraced the Green New Deal. This is at least in part as a response to the coronavirus “pandemic”.

It certainly is convenient that this “pandemic” struck when and how it did. Otherwise, people might be a lot more hesitant to embrace the radical restructuring of their economy. Let’s be clear, this is just an excuse to implement their communist agenda.

While the focus here is on South Korea, the Green Climate Fund, (and their allies), support all countries adopting some version of the Green New Deal.

8. Climate-Related Financial Disclosures

Mandatory climate-related financial disclosures are already a reality in New Zealand, and is coming to Britain as well. And we are not too far off from adopting it in Canada. This is an initiative that the Green Climate Fund fully supports, just on a global scale. If fully implemented, many businesses (globally), would have to submit disclosure forms to the UN for their approval.

9. Canada’s Industries To Be Phased Out

The United Nations has officially asked for certain industries to be allowed to die off. In Canada, this certainly means the end of oil & gas, among others. It’s not like the Conservatives, and their modified “Build Back Better” expression will do much.