Remember that the ong "Climate Action Network Europe" - CAN-Europe, was so proud to announce it's lobbying succeeded to get rid of the CO2e certificate Emission Trading System - the CDM - Clean Development Mechanism and acceptance of CO2e certificates from tree planting projects in developing countries to the European ETS?
And instead, they got a 100 billion €/year Green Climate Fund by 2020?
Here's a reminder from around 2011:
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- Maeve McLynn, Climate and Development Policy Coordinator maeve /at/ caneurope.org Direct line: +32 2 893 09 50 Climate Action Network Europe. Ms Maeve McLYNN is very proud that with her CAN they managed to get CDM/JI out of the toolbox with tools the EU-28 society can use to reduce CO2e, bring money to the people that are dying from the global climate destabilisation and who didn't contribute to it. She is very proud that if these poor people need money, they just have to turn to the Green Climate Fund where 100 billion $ / year is SUPPOSED to be transferred from 2020 onwards.
Ms. Mette QUINN - Directorate General Climate Action Ms Mettte QUINN DG Climate Action but previsously from DG Industry - just confirms that it was a political decision that the EU-28 will not use CDM/JI anymore.
"
I tried to change their minds - but - I was pointed to as some evil capitalist.
I tried to change their minds - but - I was pointed to as some evil capitalist.
The fossil lawyers and lobbyists were laughing in their corner with all these young women. They didn't even have to do anything. The pseudo-intellectual feminist ecologists dug the hole all by themselves.
Did you spot the mistake? Read again:
"And instead, they got a 100 billion €/year Green Climate Fund by 2020.'
That's what is said, but not what is written in the official documents, nor what is understood. What is:
"And instead, they got a PROMISE for a 100 billion €/year Green Climate Fund by 2020"
A promise ...
So exchanging the CDM solidarity mechanism - that transferred billions of € every month, something that's working and exchange it for a promise?! Just because you hate capitalism. Because you hate the invention of money, of coins?
Who are you kidding?
And don't give me that half-truth story of "fractional money being evil" and mixing it with the benefits with the invention of money coins. By the way, the banks have to guarantee that fractional money system with their own shares. Fractional money refers to the practise that banks can have 100 € in their vault and yet write out a loan of 1000 €. But they have to carry the full load of that risk with the shares and everything that the bank owns. So if some company doesn't pay back that loan, it comes back with a power of 10 as well, straight in the face of the bank. So they better double check and know the customer and the sector they're in. The leverage also indicates that someone who has created an additional value for 100 €, there's 10 other people who come up with additional value, the original team hadn't thought of or just don't have time to develop. There is no problem with fractional money: it better be the risk of the banks, than it would be - as it was in the past - 100% the job of the central bank -minting the money- to determine in every corner of the country if the additional value was really created or not. The only ones who have the eyes and feet that can visit every local corner, are the local bank people, which they do, because if they don't and the venture goes bust and no real additional value has been created, it's the bank that has to cough up the lost money. If you don't agree that the leverage should be 20 but only 10, ok - put it in the law - that's what the EU Central Bank has done after the 2008 financing crisis. Hey, don't put your money in a private bank, do as I and put it in a cooperative bank and keep an interest in who's managing the bank, people! Why are you with a bank that pays it's CEO & Co those high salaries? Change bank! Create a cooperative bank? Do something! But don't throw away the child with the bath water! Money is a good invention and so is fractional banking for spreading the risk and preventing concentration of power and risk. Sorry wandering off.
I was against the removal of the CDM/ETS because it was working: billions of € were transferred from the polluters to the victims, together with technologies and local jobs - especially for women, because what is easier to remove or prevent a ton of CO2e than to plant a tree - replace a wood/coal burning unhealthy stove impacting women's lungs? And how to get it all rolling? Women explaining to women of course when working in a seed-plant-nursing greenhouse.
Image: The 100 Billion €/year Green Climate Fund? At the CDM - ETS we were going to double that in 2012!
But - no - the CAN people had heard there was some corrupt mafia people somewhere in Indonesia/the Philippines who had cut down an ancient forest - got money for the hardwood - then reforested it with palm oil trees and even got CO2e certificates for it as a reforestation project! Never underestimate how stupid, stupid people are: they didn't know the earth and their forest is being photographed several times a week, and that already for decades - just look up in a nightly sky and check out the satellites flying over; many of them observe earth. So the trucks cutting down the trees, they've been photographed, taking out the logs, has been photographed, even to where the wood has been taken; the planing of the palm oil trees, idem.
But what CAN didn't tell, is that there is a button on the UNFCCC / CDM pages where you can file a complaint if a project doesn't do as it promised. It took less than a year to oust the maffia scam, and the advantage of these electronic CO2e certificates, is that you can, of course, delete them with the press of a button and that's what happened. So the ETS - CDM - CO2e certificate trading worked.
But what CAN didn't tell, is that there is a button on the UNFCCC / CDM pages where you can file a complaint if a project doesn't do as it promised. It took less than a year to oust the maffia scam, and the advantage of these electronic CO2e certificates, is that you can, of course, delete them with the press of a button and that's what happened. So the ETS - CDM - CO2e certificate trading worked.
But - no- CAN had it banned. So let's see what we have in the 2020 kick-off year of the 100 Billion €/year Green Climate Fund: https://www.greenclimate.fund/news/countries-step-up-ambition-landmark-boost-to-coffers-of-the-world-s-largest-climate-fund?inheritRedirect=true&redirect=%2Fhome
Hmm, a bit confusing to find it on the website of Green Climate Fund itself - too much text - too many pics of smiling people posing in Climate COP's etc.
Let's go to good old https://en.wikipedia.org/wiki/Green_Climate_Fund#Sources_of_finance - in which I earned my +1.000 contribution:
"Green Climate Fund ... As at 17 May 2017, a total of US$10.3 billion has been pledged, which is mostly meant to cover start-up costs.[10]"
Oops?! 10 billion instead of 100 billion? That's a bummer. That's what we did in a couple of months at the time of the Clean Development Mechanism!
And it's "mostly meant to cover start-up costs." ?! What ?! What can possibly cost 10 BILLION $ to start-up? Have you heard of any start-up asking for 10 BILLION - just to startup?!
Those CAN people and their friends are pretty expensive people if that's what it takes to start-up, aren't they?
But, it was 100 Billion €/year - allow me to change the $ by a €, because you don't really believe there's too many $ in that fund right? It's mostly European money - so please - I know you like talking about Paris time and Berlin Time - but it's actually Brussels Time and €. It is HERE that the decisions are taken and it is HERE that the real money is and the birth of the Green Economy. Thanks.
So, 100 Billion €/year; maybe the missing 90 Billion € for 2020 will appear as the months to come? I mean let's say you HAVE to spend 10 Billion €/month to get to a 100 Billion €/year - I assume 2 months of holiday because the work is TREMENDOUS to get 10 billion €/month out of the door without it getting stolen. You need some darn good project preparation - team selection - and follow-up of all the bills - because in those Least Developed Countries - it's crawling of corrupt people who's profession it is to steal your money and who have no idea of what's the difference between bribing 100 €, 1 million €, 10 million €, 100 million € - a lot is a lot - and who's counting when talking about 100 billion € per YEAR !!! Every single year!
That's a win for life! Swimming pools, yachts, champaign, resorts - come to papa, come to mama, come to CAN - we'll make it an eco-friendly resort! But oh baby!
Really - how much is coming - of that 100 Billion € - EVERY YEAR? Here it is: https://www.greenclimate.fund/how-we-work/resource-mobilization/replenishment#unsg-calls
That's a win for life! Swimming pools, yachts, champaign, resorts - come to papa, come to mama, come to CAN - we'll make it an eco-friendly resort! But oh baby!
Really - how much is coming - of that 100 Billion € - EVERY YEAR? Here it is: https://www.greenclimate.fund/how-we-work/resource-mobilization/replenishment#unsg-calls
ok that's a lot of blabla again, so here it is for real:https://www.greenclimate.fund/documents/20182/24868/First_replenishment_of_the_Green_Climate_Fund__Summary_pledge_table.pdf/96ea94f9-d8f7-1ce1-198c-3f7fe1f47c30
9,801.78 million $
A 100 Billion € Green Climate Fund/year and you're counting with 2 numbers behind the comma? Really? Just to make it look bigger?!
Seriously 9,801,780,000 $ ? 9.8 Billion $? And that's not for this year? It's for 2021?
Nice work CAN - Climate Action Network Europe! Nice work Ms CAN Maeve McLynn! You just condemned 90% people in the Least Developing Countries. Ow no, sorry, you need the 10 billion for start-up costs. Happy new year 2020 to CAN - Climate Action Network!
At our cooperative in Burundi, all the fields have flooded because the poor people - fearful of disturbing anybody - built little huts at the top of the steepest hills, to make sure they were not hindering anybody - of course cleared some bushes around their little hut. Then the rain came - washed all the earth away from the steep hill-tops, more and more trees and bushes got unrooted, all the soil clogged the canalisations towards and in the valleys, and the floods devastated our crops on our fields in the valleys. Now we're all starving. Thank you CAN! We are about the poorest country on the planet! We haven't seen NO money - not ANY money from all your climate funds. We do have a lot of dead, starving, desperate people here! The poorest first was your slogan, wasn't it?
Bring back that international solidarity mechanism of the ETS and CDM! We have work to do. You just made us waste 10 years! And for 10 BILLION € start-up costs, I'll make sure there's big red alert button on the front page for everyone to press and signal when a CO2e certificate generating project would be corrupt and the people would get in prison ASAP. It's actually quite self-regulating: the "capitalist" company or government that needs the CO2e certificates will make damn sure the one who promised to plant the trees in a correct way will do so or they have to shut down their plant or make the fossil cars stop moving in their city.
skype SvenAERTS
Post Grad Engineer
At the annual UNO Global Festival of Action for the Global Goals,
fundraising project: 1CO2e coins from branches of Space Trees/Peace Trees grown from seeds that germinated in zero gravity at the International Space Station.
We won a prize by the European Commission for our 1CO2e fundraising project from 1CO2e coins generated by planting trees around sport fields and schoolyards in Africa.
