Where is the money going?
Less than 3% of international aid to slash carbon emissions is supporting a “just transition” for workers and communities away from polluting industries, according to a new report.
Released one week before the start of major United Nations climate negotiations in Belém, Brazil, the analysis from the climate and development non-profit ActionAid warns that the world’s response to the climate crisis risks deepening inequality rather than addressing it.
It also reveals a “hidden reason that we’ve not seen climate action at scale”, said Teresa Anderson, the organization’s global climate justice lead.
The report examined publicly available data on all approved carbon mitigation projects funded by the world’s two primary multilateral climate funds: the UN-supported Green Climate Fund and the World Bank’s Climate Investment Funds.
It’s the same old script … we’ve known for years that in every foreign aid system, only a tiny fraction—in this case, 3%—actually reaches the people who need it. The rest just fuels the NGO machine to advance their own agenda.
This isn’t climate justice—it’s forced wealth transfer. The same UN leaders who jet privately to preach about emissions now demand your tax dollars be funneled to unelected NGOs and corrupt governments. Climate is just the wrapper. Power is the prize. Not surprisingly, the globalists are still insisting they need more money.