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.

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