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UN: $150 trillion needed ‘to combat climate change’

The United Nations has recommended that $5.3 trillion a year is needed to fight climate change and halt global warming, according to its latest report.

The United Nations Department of Economic and Social Affairs has published a report on this issue. Current status and outlook of the world economy It reiterates the 17 Sustainable Development Goals for 2024. This widely criticized goal is often used as inspiration for diversity, equity and inclusion laws and climate change-related policies in many Western countries.

The 17 goals include “gender equality,'' “sustainable cities and communities,'' and “quality education.''

It also includes “.”Affordable and clean energy” and “Climate change countermeasures. ”

It is based on these categories that the United Nations proposes astronomical amounts of funding to achieve its goals.

The group's climate goals refer to “global climate finance,” which it said reached a whopping $803 billion annually in 2020. This is reportedly a 12% increase compared to the previous year.

But just a few years later, the global organization decided that wasn't enough.

The report said the huge sums “still fall short of the levels needed to limit warming,” and that “fossil fuel-related flows exceeded climate adaptation and mitigation financing in 2020. ” he said.

of complete report The true desired number has been revealed. This equates to $5.3 trillion a year to “fight climate change and its impacts,” the report said. This funding is needed for the energy and infrastructure transition.

The report also complained that the terms of the 2015 Paris Climate Agreement were not being complied with by participating countries. “Commitments by developed countries to provide $100 billion a year in climate finance by 2020 were never fully met, with total funding remaining at just $89.6 billion in 2021,” the report explains. are doing.

The United Nations has also recommended other large budgets to meet sustainability goals by 2030, the infamous target date. An estimated $35 billion to $40 billion is proposed to enable universal access to electricity.

The global consortium did not shy away from covering fraudulent amounts throughout its 2024 report. The word “trillion” is mentioned 52 times in the document in relation to the dollar.

Despite unending climate finance, the document also noted that “conflict and climate change” are wreaking havoc on the lives of millions of people, but the organization said it was the UN's They feared that this would also jeopardize “progress towards possible development.”

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