CARE’s overarching objective is to empower poor and marginalized people, particularly women and girls, to take action on the climate crisis at all levels and to build knowledge for global change.
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.
📣The economies of #Luxembourg #Norway & #Sweden are 40 times smaller than those of the #G7, yet they provide 40 times more “new & additional” climate finance.