Rachel Simon

#COP28 So foreign minister @ignaziocassis just admitted in parliament that the new #Swiss pledges of 170 Mio. for @theGCF and other UN funds are part of an existing climate-related aid budget (ODA double counting), decided years ago. That means: no additional finance! @CANEurope

1/4. At #COP28, the pledges to the #LossAndDamage Fund total only $700m or just 0.2% of the $400 billion needed each year to address #LossAndDamage. To show just how small these pledges are, here they are in comparison to the earnings of the highest paid footballers in 2023.

#EU reaction now at the latest text on fossil fuels phase out: disappointing because the science is clear.

👋 Dear EU ✊ The #LossAndDamage Fund deserves more than just words at #COP28. ✅ Stop bargaining and #MakePollutersPay to #FillTheFund!

Today, the Fossil of the Day award goes to: 🇪🇺The EU🇪🇺 For continously opposing to include #LossAndDamage in the #COP28 negotiations of the New Collective Quantified Goal. A clear signal that EU doesn't want to secure long-term finance for those affected by climate change.

🔥 Mobilization has been, and is, a key tool for Climate Movement at COPs throughout the time. ✊🏽 Despite challenges at #COP28 and worldwide, activists continue to unite for change. Read our new blog 👉🏽caneurope.org/cop28-mobilisa…

📍 Bournemouth 📍 Lancashire 📍 Brighton 📍 Glasgow Today trade unionists have shut down 4 sites in Britain which produce components for the F-35 fighter jet currently being used in Israel's bombardment of Gaza. #StopArmingIsrael

#EU is preaching water, but still drinking wine?🍷 EU’s call for #COP28 to make progress on fixing the world’s financial flows does not match their efforts to regulate their financial flows fuelling the #climatecrisis. More in last report: shorturl.at/lGS25 #FundOurFuture

Important to see that @eucommission joins this new global tax taskforce led by France & Kenya. Taxes must target big polluters - #fossilfuels #aviation #shipping #finance and be equitable. At the same time, we need global #taxjustice reform to tackle tax avoidance and evasion.

NEW: Norway joins partnership at #COP28 to end intl' public finance for fossil fuels, pledging to #StopFundingFossils within 12 months! 🎉 But laggards still remain. @JoeBiden, @Bundeskanzler , @ItalyMFA - keep your #StopFundingFossils promise! Press📰: priceofoil.org/2023/12/02/nor…

Today at #COP28, world leaders are presenting their pledges at the World #ClimateAction Summit - #WCAS. For the 🇪🇺, @EU_Commission @vonderleyen and @eucopresident Charles Michel join national heads of state and government. Here's what they're saying. 🧵 twitter.com/vonderleyen/st…

📢 The #COP28UAE starts in less than 24 hours. @CAREfrance and @greenpeacefr seize this opportunity to convey a critical message in @lemondefr : #MakePollutersPay ! Don't hesitate to sign the petition👉agir.greenvoice.fr/petitions/make…

@joethw8s thanks for the super useful tweet thread! EU climate finance total for 2022 came out last week - some explanation here x.com/RachelSimonSay…

Releasing 2022 climate finance data ASAP is essential to back up the claim the $100bn was met last year. The EU is due to release its detailed annual reporting on 2022 later in November (normally in October!). MDBs, 🇩🇪🇫🇷🇩🇰🇬🇧🇳🇴 have already released. That leaves 🇺🇸🇯🇵🇨🇦🇦🇺🇳🇿🇮🇸🇨🇭

NEW @OECD report on $100 billion out today: Developed to developing country #climatefinance increased 7.6% ($6.3bn) to $89.6bn in 2021. Adaptation finance fell -14% ($4bn) OECD says $100bn likely met in 2022, but no public data. It's a mixed bag 🧵 oecd.org/climate-change…

In previous yrs #EU has reported, but not communicated prominently on its mobilised private finance. Putting out a number - EUR 11.9 billion - seems an effort to provide reassurance on the $100 billion. To be credible the EU must take conservative approaches to counting it.

In 2022 54% of #EU #climatefinance went to adaptation or cross-cutting action This remains the same as in 2021, with share for adaptation alone not clear EU says for #COP28 it wants to be at forefront of ⬆️ adaptation finance: more action needed on this caneurope.org/press-release-…

The EU has announced its total climate finance contributions to 'developing countries' for 2022: EUR 28.5 billion public climate finance EUR 11.9 billion mobilised private finance consilium.europa.eu/en/press/press… What do these numbers really mean?! Thread….