Developed countries pledged $9.3 billion to help poor nations tackle climate change at a conference held in the German city of Bonn on Thursday, authorities said. However, nongovernmental groups criticized the outcome, saying the funds fall short of what is needed to tackle climate change.

The pledges will help replenish the South Korea-based Green Climate Fund, established in 2010 as a financing vehicle for developing countries. It’s the largest such fund aimed at providing money to help poorer nations in reducing their emissions, coping with impacts of climate change and boosting their transitions to clean energy.

The pledged money at the conference in Bonn will be used to finance projects in developing and emerging nations between 2024 and 2027. The German government alone pledged 2 billion euros ($2.1 billion).

      • Sylver@lemmy.world
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        2 years ago

        “Better than nothing” is much closer to nothing when the time comes for it to be “everything or nothing”

          • Sylver@lemmy.world
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            2 years ago

            No, you’re not getting it.

            Accepting the bare minimum is being complicit in the status quo.

            The state of the world will not improve until we drastically alter the culture of consumerism and what it means to hoard wealth and resources.

              • Sylver@lemmy.world
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                2 years ago

                I get what you’re saying, I really do. Better to have some good than none at all.

                I guess I can’t convince you of the facts about some good being no longer enough, so I guess I’ll just celebrate this small “win” and continue to ignore that it changes nothing. Better to be numb than realistic I guess.