Only 3% of international climate aid going to transitioning communities: This is absurd'

"The report authors analyzed publicly available information on every approved carbon mitigation-focused project being financed by the world's two major multilateral climate funds: 178 from the UN-backed Green Climate Fund, and 466 from the Climate Investment Funds, which were established by the World Bank and regional development banks. They then assessed the nearly 650 projects against a set of indicators, using a computer program that was then fact-checked by hand."

"Less than 3% of international aid to slash carbon emissions is supporting a just transition for workers and communities away from polluting industries, according to a new report. Released one week before the start of major United Nations climate negotiations in Belem, Brazil, the analysis from the climate and development non-profit ActionAid warns that the world's response to the climate crisis risks deepening inequality rather than addressing it."

"It also reveals a hidden reason that we've not seen climate action at scale, said Teresa Anderson, the organization's global climate justice lead. People are apparently being forced to choose between a safe job and a secure job and a safe planet, she said. These projects aren't doing nearly enough to reassure people that they don't have to make that choice."

Publicly available information on 644 approved carbon-mitigation projects financed by the Green Climate Fund (178 projects) and the Climate Investment Funds (466 projects) was analyzed against justice and transition indicators. Criteria included meaningful participation from workers, women and affected communities; promotion of systemic shifts away from fossil fuels and highly polluting industrial agriculture; plans for re-skilling or livelihood support; and measures addressing inequality. Only one in 50 approved projects met the just-transition qualifications. Project design frequently fails to reassure affected people that they will not have to choose between secure livelihoods and a safe planet.

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