World Is Spending $1 Billion Per Day To Tackle Global Warming

[Ptarmigan]

World Is Spending $1 Billion Per Day To Tackle Global Warming
http://www.thegwpf.org/world-spending-1-billion-day-tackle-global-warming/

The world invested almost a billion dollars a day in limiting global warming last year, but the total figure – $359 billion – was slightly down on last year, and barely half the $700 billion per year that the World Economic Forum has said is needed to tackle climate change.

These are the findings spelled out in the latest Climate Policy Initiative (CPI) report. For the first time, it estimated global North-South cash flows at between $39 and $62 billion.

But the total funding pot fell $5 billion from 2012, and remains just a tiny fraction of the $5 trillion that the International Energy Agency estimates is required by 2020 for clean energy projects alone, if rising temperatures are to be pegged at 2 degrees Celsius.

“Investment to combat and adapt to climate change is happening around the world, but it’s short of where it needs to be and efforts to grow it have not been successful enough,” said Thomas Heller, the executive director of Climate Policy Initiative, the group which compiled the report.

What a huge and colossal waste! 

[Wineslob]

The comments section shows that the world is waking up to the fraud.


http://www.euractiv.com/development-policy/global-climate-investment-flatli-news-531212

[DLR Pyro]

World Is Spending $1 Billion Per Day To Tackle Global Warming
http://www.thegwpf.org/world-spending-1-billion-day-tackle-global-warming/

What a huge and colossal waste! 

pissing in the wind....

[Lacarnut]

pissing in the wind....

Speaking of pissing in the wind. Mitt R. voluntarily voted for this crap when he was Gov. of MA. RINO's and the Rockefeller sell outs have screwed conservatives, and I am not encouraged that will change.