Trust, Accountability and Inclusion Collaborative’s Post

While climate justice activists and organizations are concerned over paltry amount announced as climate funding commitment for the next decade by the developed economies at the just-concluded COP29, it is however important to shed light on the nature and structure of climate funding to the underdeveloped and most impacted countries. The reality is that the existing structure of climate funding is such a scam that it hardly make any tangible impacts in the long run. This essay analysed the funding arrangement of Central African Forest Initiative (CAFI), a REDD+ Programme in Africa. It found out that the CAFI programme, and most of the climate funding programmes, are mere scams that actually promote the interests of Global North countries and global finance capital, while sustaining underdevelopment in the poor countries of Africa. The essay is an excerpt from Kola Ibrahim's recent book, CLIMATE IMPERIALISM IN AFRICA. It is available here: (https://lnkd.in/dgtvjzc5) Greenpeace International Greenpeace UK Greenpeace Africa Greenpeace Nederland 350.org Fossil Fuel Non-Proliferation Treaty Initiative Pan African Climate Justice Alliance PACJA PowerShift Africa PowerShift e.V. Big Shift Global SOMO Recourse ECCO think tank Oxfam Oxfam International Oxfam in Nigeria Oxfam in Africa Oxfam South Africa OZA Climate Action Network (CAN) Africa South Africa Climate Action Network (SACAN) Climate Action Network International Climate Action Network (CAN) Europe Environmental Justice Foundation (EJF) Environmental Change Institute (ECI), University of Oxford Amnesty International Oil Change International Oilwatch Africa Earth4All Health of Mother Earth Foundation Taproot Earth Global Greengrants Fund Transnational Institute International Institute for Sustainable Development Germanwatch e.V. Urgewald Don't Gas Africa Friedrich-Ebert-Stiftung Rosa-Luxemburg-Stiftung Friends of the Earth Corporate Accountability

"Therefore, climate justice goes beyond mere financial compensations, but also providing needed infrastructure and technology to address long term impacts of climate change. This will mean that patents for important technologies will be lifted, while technological infrastructures will be made available on concessionary basis." https://lnkd.in/dgtvjzc5 -- CLIMATE IMPERIALISM IN AFRICA: Critical Commentary on the Political Economy of Global Climate Change Regime SOMO ECCO think tank Big Shift Global CEE Bankwatch Network RWJF PACJA SA Pan African Climate Justice Alliance PACJA Fossil Fuel Non-Proliferation Treaty Initiative Earth4All Taproot Earth Friends of the Earth Europe Oil Change International Corporate Accountability Climate Action Network (CAN) Africa Climate Action Network (CAN) Europe South Africa Climate Action Network (SACAN) PowerShift e.V. Power Shift Africa Greenpeace International Greenpeace Africa Greenpeace UK Greenpeace Nederland Oxfam Oxfam International Oxfam in Nigeria ActionAid ActionAid UK ActionAid Nigeria FES Just Climate Friedrich-Ebert-Stiftung Africa Friedrich-Ebert-Stiftung Health of Mother Earth Foundation Amnesty International Recourse Environmental Change Institute (ECI), University of Oxford Environmental Justice Foundation (EJF)

This week T&E and our NGO partners are calling for a €1 trillion investment plan for people and planet to be at the top of the EU agenda following the upcoming elections. The cost of inaction is too high: we must deploy the public and private resources necessary to avoid the catastrophic impacts of runaway climate change. The EU needs additional investments equal to 2% of European GDP to meet its goals outlined in the Green Deal and RepowerEU initiative. Read the full plan outlining our proposal for a Social and Green Investment Plan ➡️ https://lnkd.in/ejKWAea3 BirdLife Europe and Central Asia Climate Action Network (CAN) Europe European Environmental Bureau WWF European Policy Office

🌍📢 The NGFS Cali-Baku Pledge to Enable Action is here! The Network for Greening the Financial System (NGFS) is proud to announce the release of the NGFS Cali-Baku Pledge to Enable Action, launched on the occasion of the 2024 #UnitedNations Biodiversity Conference (#COP16) and Climate Change Conference (#COP29). With the NGFS Cali-Baku Pledge, our coalition that brings together 141 #CentralBanks and #FinancialSupervisors and 21 observers reaffirms its commitment to tackling the interrelated challenges of #ClimateChange, #BiodiversityLoss, and #NatureDegradation. In the Cali-Baku Pledge, the NGFS : 🔹 #Recognises the need to consider the economic impacts and financial risks arising from climate change and nature degradation with an integrated approach to fulfil monetary policy and financial stability mandates; 🔹 #Commits to helping its members integrate climate and nature-related financial risks by providing analytical frameworks, tools, and guidance; 🔹 #Invites the broader financial community – including ministries of finance, financial institutions and corporates – to make use of these resources. This pledge aligns with the priorities of both COP16 and COP29, emphasising the importance of #action and #implementation to meet global climate and biodiversity goals. The NGFS will continue to serve as a technical and analytical reference for the integration of these priorities into the financial system, offering valuable resources for all stakeholders. 💼 We invite you to explore the resources mentioned in the #NGFSCaliBakuPledge and join us in greening the financial system! 🔗 More details on the #CaliBakuPledge: https://lnkd.in/eNfKs2QG 🔗 Learn more about the NGFS resources and tools in our annual report: https://lnkd.in/eTPeZ6sa

EMISSION COST AND JUST CLIMATE FINANCING Using the average Social Cost of Carbon (SCC) of US$185 per ton of carbon equivalent, we estimated the cost of carbon emission (climate debt) of major industrialised economies, major polluters and Africa for 2021 in the table below. The table shows that: 1. Mobilizing climate finance (for mitigation, energy transition, adaptation, resilience and,.loss and damages) can be achieved much more effectively and quickly through this approach. 2. The emission costs are very meagre compared to the GDP of major developed and industrialised economies, especially China, United States, EU, Japan, UK and Canada. This means that they can easily pay up. Even if just 10% of the emission costs is paid, it will provide huge resources for much needed climate funding in underdeveloped and poor countries. 3. Africa's emissions, while still minimal, is also increasing, and this is mainly due to increasing fossil fuel exploitation and investments, as well as land use system, especially deforestation and unplanned urbanization. 4. A global institution, not tied to the major economies and existing multilateral financial institutions, can be set up to manage and disburse the funds based on scientifically proven needs and agreed guidelines for underdeveloped and poor countries. This will allow for an equitable, just and Independent climate funding, devoid of imposition of foreign policies, geopolitical interests and market ideologies, as conditions. For in-depth analysis, kindly get my book Climate Imperialism in Africa: https://selar.co/511316 https://lnkd.in/dFQmZVFN Greenpeace International Greenpeace Africa Greenpeace UK Greenpeace Nederland Greenpeace USA WRI Climate Climate Action Network International Climate Action Network (CAN) Europe Oxfam Oxfam International Oilwatch Africa Oil Change International Earth4All Taproot Earth Health of Mother Earth Foundation ANEEJ Benin City Corporate Accountability HEDA Resource Centre Taproot Foundation Sustainable Africa PowerShift e.V. Power Shift Africa CLIMA Fund ECCO think tank Global Greengrants Fund Environmental Justice Foundation (EJF) Environmental Grantmakers Association The Hive Fund for Climate and Gender Justice Global Alliance For Green And Gender Action (GAGGA) Big Shift Global Thousand Currents Third Wave Fund Oxfam in Nigeria Imal Initiative for Climate and Development FES Just Climate Friedrich Ebert Stiftung, Washington DC Friedrich-Ebert-Stiftung Africa Friedrich-Ebert-Stiftung Rosa-Luxemburg-Stiftung

At #COP29, Pacific Island leaders, including H.E. Dr. Hilda C. Heine, President of the Marshall Islands, are amplifying a critical message: climate change is not just an environmental crisis—it’s a human rights issue. They are calling on world leaders to take bold, concrete actions to safeguard the future of our islands and in turn all vulnerable communities worldwide. Sufficient climate financing has emerged as a non-negotiable pillar in addressing this crisis, ensuring that those most affected by climate impacts, particularly women and children, are empowered to adapt and thrive. Women’s leadership and participation, from grassroots to global forums, are vital for creating inclusive and effective solutions. As the global community watches and pressures governments to step up with ambitious commitments to keep within 1.5 degrees, uphold human dignity, and deliver a sustainable and equitable future, Pacific Island leaders remind us: the time to act is now. SPC is supporting OneCROP and Pacific countries with technical and scientific advice in key negotiation spaces in the areas of #climatefinance #foodsystems #agriculture #Pacificstatistics and #oceanscience. Thank you to Secretariat of the Pacific Regional Environment Programme (SPREP) for its work coordinating OneCROP.

Yesterday marked the official opening of the 16th Conference of the Parties to the Convention on Biological Diversity (CBD-COP16) in Cali, Colombia, under the theme #PeaceWithNature. The ceremony set the tone for two weeks of crucial negotiations, addressing climate change, just energy transition, and debt cancellation, among others—key priorities for us at CAN Africa. Colombian President Gustavo Petro gave a powerful opening speech, highlighting the urgency to decarbonize and condemning the continued exploitation of fossil fuels that accelerate climate change. He criticized the accumulation of wealth at the expense of biodiversity and called out the debt burdens trapping developing countries, directly naming nations profiting from high-interest loans. Petro also boldly addressed global inequalities, political turmoil, and the ongoing genocide in Palestine and Lebanon, reminding us how these crises intersect with the fight for justice in environmental and climate spaces. UN Secretary-General António Guterres reinforced the need for action, urging countries to align national targets with the Kunming-Montreal Global Biodiversity Framework. He stressed the importance of finance for developing countries through the GBF Trust Fund and called for deeper engagement with Indigenous Peoples and Local Communities in conservation efforts. China’s Minister of Ecology and Environment, Huang Runqiu, noted that China was the first "developing country" to submit a revised NBSAP, underlining the importance of finance and global cooperation in addressing the interconnected challenges of biodiversity loss and climate change. COP16 President and Colombian Minister of Environment, Susana Muhamad, emphasized the need to jointly tackle biodiversity loss and climate change through decarbonization. She called for an end to development models that exploit nature and recognized the essential roles of research, indigenous knowledge, youth, and civil society in addressing the planetary crisis. We are proud to share that our Campaigns and Policy Lead, Dr. Wafa Misrar, will be attending COP16 as a policy fellow with the African Wildlife Foundation. She will actively follow the negotiations, ensuring Africa’s priorities—just energy transition, equitable climate finance, and debt justice—are championed. Stay tuned for updates as CAN Africa continues to advocate for solutions that place Africa at the center of global climate action! 🌱 African Wildlife Foundation #ClimateJustice #JustTransition #DebtCancellation #PeaceWithNature #CBDCOP16

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗬𝗲𝘀𝘁𝗲𝗿𝗱𝗮𝘆'𝘀 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗠𝗲𝗲𝘁-𝗨𝗽 𝗶𝗻 𝗕𝗼𝗻𝗻 A diverse gathering of people from different backgrounds came together today, including climate practitioners from NGOs, INGOs, universities, and researchers. They discussed solutions for a livable future and shared their experiences of climate adaptation. Here are the key takeaways: 𝗟𝗼𝘀𝘀 𝗮𝗻𝗱 𝗗𝗮𝗺𝗮𝗴𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲: Stressed the urgency in fulfilling pledges by developed countries and the need to include secondary and tertiary losses in global negotiations. 𝗬𝗼𝘂𝘁𝗵 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Highlighted the importance of empowering youth and connecting them with local communities. Examples from the German floods demonstrated their crucial role in recovery efforts. 𝗡𝗼𝗻-𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗟𝗼𝘀𝘀𝗲𝘀: Addressed the impacts of climate-induced displacement, such as school dropouts and child marriages. 𝗕𝗼𝘁𝘁𝗼𝗺-𝗨𝗽 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗲𝘀: Emphasized the need to bridge the gap between local communities and policymakers to ensure effective implementation of climate policies. 𝗕𝗶𝗼𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆: Called for greater emphasis on biodiversity in global negotiations, with specific examples from Colombia. 𝗦𝗮𝗻𝘁𝗶𝗮𝗴𝗼 𝗡𝗲𝘁𝘄𝗼𝗿𝗸: Discussed the provision of technical assistance and sharing of knowledge on loss and damage. 𝗟𝗼𝘀𝘀 𝗮𝗻𝗱 𝗗𝗮𝗺𝗮𝗴𝗲 𝗙𝘂𝗻𝗱: Recognized the necessity for substantial international support to meet the financial requirements. 𝗙𝗼𝗼𝗱 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 𝗮𝗻𝗱 𝗪𝗮𝘁𝗲𝗿 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Advocated for integrating these critical areas into climate strategies to enhance resilience. Let's continue our collaborative efforts towards a sustainable and equitable future. Alice Baillat Antoinette Nestor Md Shamsuddoha #ClimateAction #SB60 #LossAndDamage #YouthEngagement #Biodiversity #LocalSolutions #SustainableFuture #SDG13 #SDG4 #SDG5 #SDG10 #UNFCCC #COP29 #BonnClimateConference #SB60 #ClimateLaw #ClimateGovernance #LossAndDamage #NatureBasedSolutions

🌍 A Troubling Appointment for the Planet, by Terralis Fund - www.terralisfund.pt 🌱   The recent appointment of Chris Wright as energy secretary in the Trump's administration has raised serious concerns, particularly for those of us committed to sustainable development and environmental stewardship. Wright, known for his denial of the climate crisis, represents a step backward at a time when global cooperation and decisive action are urgently needed to address one of the most pressing challenges of our time.  His views stand in stark contrast to the overwhelming scientific consensus on climate change and the urgent need to transition to a low-carbon economy. Such a stance undermines global progress on the United Nations Sustainable Development Goals (SDGs)—particularly SDG 13 (Climate Action)—and threatens decades of work toward creating a sustainable and equitable future for all.  In a world increasingly battered by record-breaking heatwaves, floods, and wildfires, decisions by leaders like Wright could have catastrophic implications. The climate crisis isn’t just an environmental issue; it’s an existential one, affecting global health, food security, and economic stability.  Leadership that denies these realities not only endangers the planet but also fails to reflect the values of innovation, responsibility, and forward-thinking required in today’s world.  Now more than ever, it is crucial for individuals, organizations, and nations to raise their voices for climate action, science, and sustainability. The world is watching, and the stakes couldn't be higher.  What are your thoughts on this appointment and its implications for the planet and our collective future?  #ClimateCrisis #SustainableDevelopment #SDGs #ClimateAction