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Our Smog Mitigation Budget has grown from zero to Rs 123 billion, supportrd by Climate Endowment Fund, because policy without finance is a promise without power. #PunjabforPlanet #GreenPunjabAtCOP30

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Marriyum Aurangzeb

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12,934 views • 8 months ago •via X (Twitter)

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Jess Wilson has just announced a Liberal plan to cut $40 billion from the state budget. But the vast majority of the budget is health and education. So you just can't make $40 billion in cuts without cutting hospitals and schools.
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Here is a summary of what I had to say about finance, decolonization and Climate Justice at COP29 Azerbaijan … It’s hard to take charge of our future even when you don’t see hope. But guess what Adonia Ayebare usually says “We are in the business of optimism.” But at COP29, where finance is supposed to be the headline, I’m wondering—how far can optimism really take us when the numbers, decisions, and justice we desperately need are still missing? This year’s COP was dubbed the “Finance COP,” and rightly so. Climate finance is the engine of climate action. Without it, everything we’ve promised in adaptation, mitigation, and loss and damage will simply stall. But optimism is not enough when the urgency is so palpable, and the numbers, frankly, feel insulting. The New Collective Quantified Goal: Where’s the Figure? Let’s get one thing straight. The $100 billion annual pledge—originally promised by developed nations in 2009—was never enough. That figure was meant to be fulfilled by 2020. It wasn’t. And now, as we enter 2025, the New Collective Quantified Goal (NCQG), which should set a fresh target for climate finance, still doesn’t have a number attached. This is not just a technical oversight—it’s a betrayal. A report by the United Nations Environment Programme (UNEP) warns that we need $340 billion annually by 2030 just for adaptation in developing countries. For mitigation? Trillions. Meanwhile, the total climate finance delivered in 2020 was only $83 billion, and even that includes questionable accounting practices. Some call it “creative reporting,” I call it dishonesty. Let’s talk about the elephant in the room: the very system managing climate finance is fundamentally unfair. The World Bank and IMF, the gatekeepers of global finance, were established when African countries were still under colonial rule. Their structures weren’t designed for us; they were designed to serve the interests of the powerful. We need financing mechanisms that put people first—grants, not loans; direct access, not red tape. And we need decision-making structures where the Global South has equal power. After all, how can you fix the climate crisis while sidelining the regions most affected by it? #COP29Azerbaijan

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Phillip: That's what some people voted for because they wanted him to spend money here instead of 11 billion dropping bombs elsewhere in the world Jennings: I'm sorry but we've spent more money in this country on Somali fraud in Minnesota than we've spent on this war so far. Phillip: That’s not true Jennings: 19 Billion Phillip: It’s not 19 billion. By no estimate it’s 19 billion…. 11 billion is a lot of money. And it's a lot of money… it could fund hunger programs here in the United States…it could fund health care. Jennings: What percentage of our national budget is 11 billion? Boykin: It could fund the entire CDC budget

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Thirty-six months after inheriting a record $9 billion surplus from Republicans, Gov. Whitmer says she can’t balance her budget without ransacking emergency savings. Enough is enough. It’s time to cut taxes, not raise them.
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Thirty-six months after inheriting a record $9 billion surplus from Republicans, Gov. Whitmer says she can’t balance her budget without ransacking emergency savings. Enough is enough. It’s time to cut taxes, not raise them.

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