CARE Climate
Justice Center

NEW: not only are rich nations not providing the $100bn they promised in climate finance to the developing world—the💰that has been provided has simply been siphoned from existing aid programs. @CAREGlobal on a global scandal, with @JohnNordboCARE #G7 https://www.forbes.com/sites/davidrvetter/2022/06/27/as-g7-meets-the-worlds-richest-nations-water-down-aid-and-climate-finance/?sh=3e0e434d1486

#ClimateFinance from #G7 countries MUST be “new & additional” as promised. Latest report from @CARE shows that most finance reported by rich countries are actually taken from development aid budgets. #ThatsNotNewMoney #ClimateJustice

Find out more 👉🏽https://careclimatechange.org/worlds-richest-countries-top-up-climate-finance-with-funds-diverted-from-worlds-poorest/

As the water recedes, massive support will be required for response and rehabilitation. With support from donors and our partners, we are committed to remaining on the ground and aiding the affected families to cope with the flood's aftermath.
#FloodinBangladesh #floodresponse

Despite long-standing commitments to provide new money, most of the public #climate finance reported by rich countries is taken from development aid budgets.

Climate finance MUST be “new & additional”.

Find out more 👉🏾https://bit.ly/39JO0k4

#ThatsNotNewMoney #ClimateJustice