Climate warning
Image of Sultan Al Jaber

Sultan Al Jaber

Climate warning

Can oil buy the trust at COP28 day 1?

'Sultan al-Jaber, the president of the COP28 climate conference in Dubai, hailed "the first decision to be adopted on day one of any COP” — and his country, the United Arab Emirates — would chip in $100 million to the fund. Other countries stepped up with big-ticket commitments, including Germany, also at $100 million.' The Time Magazine time.com/6341016/climate-loss-and-damage-fund-cop28 Let's compare it to the damage from oil in USD. - oil adds a third of the world's total carbon emissions. - In aggregate, the climate change-attributed costs of extreme weather over 2000–2019 are estimated to be US 2.86 trillion, or an average of US 143 billion per year. Opinion: The payment seems like an attempt to cover the damages from oil to make it look like climate neutral product. 😐 Greenwashing we say here in Europa.

Do you agree?

26 more agrees trigger contact with the recipient

  • walter lungayi

    20 w

    It is unlikely that oil can buy trust at COP28 day 1, as oil is often associated with environmental concerns and climate change, which are key topics at the conference.

    7
    • rosebellendiritu

      20 w

      @walter_lungayi they are not even committed 💯 to promote sustainability

      1
    • Gorffly mokua

      20 w

      Building trust involves transparent & accountable actions, genuine commitment to emission reductions climate change mitigation.

      11
      • Princess

        20 w

        Relying on financial influence to buy trust at COP28 undermines the conference's integrity and hinders genuine efforts toward sustainable solutions.

        12
        • Gorffly mokua

          20 w

          @princess_nel_268 Absolutely right!

          6
          • zelda ninga

            20 w

            @princess_nel_268 Right now I don't even know what to think about all this, it's baffling.

            1
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