What is Australia's fair share when it comes to financing the necessary climate transition?
In a headline today, the Australian government has pledged AU$150m in #ClimateFinance for Pacific nations.
Good news, right? Isn't this PM Anthony #Albanese "ending the #ClimateWars" by actually doing what #Australia ought to have done years ago? Let's consider that assumption.
Back in 2009 at the much hyped, but ultimately deeply disappointing international climate negotiations in #Copenhagen known as #COP15, one step forward that was agreed, even as more comprehensive or ambitious agreements slipped away was that the wealthy nations of the world (including #Australia) collectively pledged to be providing US$100b each year to help the poorer nations transition away from #FossilFuels (#ClimateMitigation) and develop in ways that help societies adapt to the warming that cannot be mitigated (#ClimateAdaptation).
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When the #GreenClimateFund was being established, Australia's Prime Minister was #TonyAbbott, a #ClimateDenier, who had won the 2013 federal election promising to dismantle the baby steps towards a #ClimatePolicy the previous #Labor government had made.
So there was little surprise when PM Abbott announced in Nov 2013 that #Australia would be contributing a massive sum of $0 to the Green Climate Fund.
At the time, he claimed Australia would chip in AU$200m (then =USD$187m) over four years, but since this was merely a rebranding of existing #ForeignAid, it clearly didn't count as "new and additional funding", a fact that most journalists blithely ignored, falling for the bait-and-switch. Or we might say instead that the Australian government was overstating its foreign aid commitments by $200m over those years.
Nonetheless, the four years were soon gone, as was Tony Abbott, as well as his successor #MalcolmTurnbull, who in turn had been replaced as PM by #ScottMorrison. When it came time to pledge again in 2018, Morrison announced Australia would be pulling out of the Green Climate Fund entirely, a path also taken by the #Trump administration at the time, whom Morrison was often cribbing notes from when it came to what kinds of #cruelty and #selfishness he could get away with.
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