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.
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
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.
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.
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.