Rachel Simon

Policy Coordinator @CANEurope. Mostly #climatechange and what we should do about it. #ClimateFinance geek. Internationalist. Views my own.

[Delia Berner @deliaberner]

#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

[Loss and Damage Collaboration (L&DC) @LossandDamage]

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.

[Chiara Martinelli @MartinellChiara]

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

[CAN EUROPE @CANEurope]

👋 Dear EU

✊ The #LossAndDamage Fund deserves more than just words at #COP28.

✅ Stop bargaining and #MakePollutersPay to #FillTheFund!

[CAN EUROPE @CANEurope]

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.

[CAN EUROPE @CANEurope]

🔥 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 👉🏽https://t.co/DhSwmDbZ85

[Workers for a Free Palestine @Workers4Pal]

📍 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

[ActionAid EU @ActionAidEU]

#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: https://t.co/41yQj93bwh #FundOurFuture

[CAN EUROPE @CANEurope]

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.

[Oil Change International @PriceofOil]

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📰: https://t.co/kP6M3uTPRU

[CAN EUROPE @CANEurope]

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. 🧵
https://t.co/zygLBWfKLf

[Fanny Petitbon (fannypetitbon.bsky.social) @FannyPetitbon]

📢 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👉https://t.co/IbefrTfEXC

[Rachel Simon @RachelSimonSays]

@joethw8s thanks for the super useful tweet thread! EU climate finance total for 2022 came out last week - some explanation here https://t.co/raqJt6IvUK

[Rachel Simon @RachelSimonSays]

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

https://t.co/KXuX5rt7ko

What do these numbers really mean?! Thread….

[Rachel Simon @RachelSimonSays]

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.

[Rachel Simon @RachelSimonSays]

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

https://t.co/KXuX5rt7ko

What do these numbers really mean?! Thread….

[EU Council @EUCouncil]

The EU and its 27 member states are the biggest providers of climate finance in the world 🌍

In 2022, they mobilised 28.5 billion💶 from public sources and an additional 11.9 billion 💶of private finance to support developing countries in the fight against climate change.

[Rachel Simon @RachelSimonSays]

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 https://t.co/PmvbXL6lS7