#rich nations

[dbaydenny]

Spoiling Africa

the rich nations endless sport

from garnering slaves

to a modern plethora

of resource depredation.

.

D W Eldred

[callese]

RICH NATIONS HAVE BOUGHT UP 53% OF ALL THE MOST PROMISING VACCINES SO FAR 😡

[thoughtlessarse]

Rich countries ‘trap’ poor nations into relying on fossil fuels

Campaigners criticise ‘new form of colonialism’, where countries in the global south are forced to invest in fossil fuel projects to repay d

Campaigners criticise ‘new form of colonialism’, where countries in the global south are forced to invest in fossil fuel projects to repay debts Richer countries and private lenders are trapping heavily indebted countries into reliance on fossil fuels, according to a new report. The pressure to repay debts is forcing poor nations to continue investing in fossil fuel projects to make their repayments on what are usually loans from richer nations and financial institutions, according to new analysis from the anti-debt campaigners Debt Justice and partners in affected countries. The group is calling for creditors to cancel all debts for countries facing crisis – and especially those linked to fossil fuel projects. “High debt levels are a major barrier to phasing out fossil fuels for many global south countries,” said Tess Woolfenden, a senior policy officer at Debt Justice. “Many countries are trapped exploiting fossil fuels to generate revenue to repay debt while, at the same time, fossil fuel projects often do not generate the revenues expected and can leave countries further indebted than when they started. This toxic trap must end.” According to the report, the debt owed by global south countries has increased by 150% since 2011 and 54 countries are in a debt crisis, having to spend five times more on repayments than on addressing the climate crisis. Daniel Ribeiro, a programme coordinator for the Mozambican environmental campaign Justiça Ambiental, said the country’s debt burden had been doubled by loans taken without parliament’s permission from London-based banks in 2013, based on projections of earnings from its gas field discoveries. Mozambique was plunged into a debt crisis when oil and gas prices fell in 2014-16, Ribeiro said, but the solutions from international lenders to bail out the country have relied on loans being repaid through future gas revenues. “The debt caused by fossil fuels are being structured to be paid back by fossil fuels, solidifying a vicious cycle of having to move forward and having very severe consequences of not wanting to continue with fossil fuels,” Ribeiro said.

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[tearsofrefugees]

What obligations do rich nations have when it comes to refugees?

The recent tragedy of the migrant boat that sunk off the coast of Italy and killed 64 people raises an important question: are European leaders taking the right approach to prevent migrants from risking their lives in the first place? On GZERO World, Ian Bremmer and David Miliband, the President and CEO of the International Rescue Committee, discuss the complex and urgent nature of the migrant crisis and the need for effective solutions.

[thoughtlessarse]

These wealthy nations are spending 30 times more on arms than climate

The top military spenders, which include Britain, the US and France, also emit the most greenhouse gases.

The world’s wealthiest nations are spending 30 times more on military power than on tackling the climate crisis, according to a new report.

The research found that the most polluting nations spent $9.45 trillion (€9.12tn) on their armed forces between 2013 and 2021.

That’s compared to an estimated $243.9 billion (€235.28bn) on climate finance for the world’s most vulnerable countries.

“Military spending and arms sales have a deep and lasting impact on the capacity to address the climate crisis,” the TNI wrote in their report.

Polluting nations spend billions more on military than climate

The world’s 23 wealthiest nations are spending 30 times as much on their armed forces as on climate financefor the countries most affected by climate change, according to the Transnational Institute (TNI) who conducted the research.

Military spending has increased by 21.3% since 2013, the Amsterdam-based think tank reported.

The group claimed that financing armed forces is damaging the environment as well as draining the resources to fight the climate crisis.

“Every dollar spent on the military not only increases greenhouse gas emissions,” the group wrote in their study.

“But also diverts financial resources, skills and attention away from tackling one of the greatest existential threats humanity has ever experienced.”

The top military spenders, which include Britain, the US and France, also emit the most greenhouse gases.

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The irony being that many future conflicts will be as a direct result of the climate crisis and could have been avoided had the people who caused the crisis in the first place had paid more monies to prevent it. Instead, they spend on militaries for their security and will realise all too late that the military is powerless against the climate crisis and will not provide the security they seek.

[topteny]

Top 10 Richest Countries in The World 2021 / 2022

Have you ever wondered why sometimes a glass of wine costs so much in some spots but almost nothing else in other places of the world? The main reason is that some places are just more prosperous than others, as our latest graphic shows. And part of the cause is the international average coinage shake. … ... Discover More @ https://www.topteny.com/top-10-richest-countries-in-world/

[jornale]

Países ricos acertam imposto mundial para grandes empresas de 'pelo menos 15%'

05/06/2021 Acordo do G7 por uma reforma tributária global proíbe grandes empresas de transferirem lucros para paraísos fiscais e países com baixa tributação Os ministros das Finanças do grupo dos sete países mais ricos do mundo - o chamado G7 - acertaram um imposto mínimo global para grandes empresas de "pelo menos 15%", de acordo com comunicado divulgado neste sábado, dia 5, após dois dias de reuniões em Londres. O acordo foi descrito como "histórico" pelo ministro britânico das Finanças, Rishi

#impostomundial #g7 #groupofseven #richnations #paisesricos #usa #eua #alemanha #germany #japan #nippon #japao #france #canada #italia #uk #reinounido #economia #grandesempresas #mundocorporativo #corporacoes #portaljornale #jornale

[thoughtlessarse]

Drastic underfunding: Rich nations 'hugely exaggerate' climate finance: study

Rich countries have over-reported finance to help countries adapt to the impacts of climate change by $20 billion over the last decade, leaving at-risk communities drastically underfunded, a new analysis showed Thursday.

Under the 2015 Paris climate deal, countries are required to boost funding to hard-hit governments, evenly split between cash to mitigate global warming and to help them adapt to future climate impacts.

Developed countries promised to provide $50 billion in annual finance for adaptation by 2020. But official OECD figures show that in 2018 donors committed just $16.8 billion.

The true figure, according to an analysis by green group CARE International, is in fact far lower: just $9.7 billion.

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