Where’s the handbag now, Julie?
Seriously, are we out of our collective freaking minds? After all the good news stories recently, it has to be spoiled by this.
Here’s what the Green Climate Fund is all about:
The Fund will contribute to the achievement of the ultimate objective of the United Nations Framework Convention on Climate Change (UNFCCC). In the context of sustainable development, the Fund will promote the paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change, taking into account the needs of those developing countries particularly vulnerable to the adverse effects of climate change. The Fund will be guided by the principles and provisions of the Convention.
In other words, it is essentially guided by the alarmists of the IPCC, with all their fudged data, hysterical crystal-ball gazing and scaremongering nonsense. And we are handing over $200 million? That would pay for an awful lot of nurses, policemen and teachers. We must be insane:
The Federal Government has announced it will contribute $200 million to an international fund designed to help developing nations tackle climate change.
Foreign Minister Julie Bishop announced the funding at the United Nations Climate Change Conference in Lima, Peru.
The money, which will be paid over four years from Australia’s aid program, will go to the UN’s Green Climate Fund (GCF), which aims to fund projects in poorer countries.
“Our pledge to the Green Climate Fund will facilitate private sector-led economic growth in our region … with a particular focus on investment, infrastructure, energy, forestry and emissions reductions,” Ms Bishop told the conference.
“I welcome the fact that participating countries have delivered on undertakings to capitalise the Green Climate fund and with Australia’s contribution have reached a significant total in excess of $10 billion to date.
“It is now contingent on all of us to make sure the Green Climate Fund funds are distributed efficiently, transparently and to maximum effect.”
I think I need to have a lie down…
Australian Climate Madness 
A waste of money. It will disappear, as usual, into the pockets of corrupt politicians.
Money cannot fix or help climate change (even if it exists) by robbing the poor to feed the rich. Investing it in improving universities and green technology development will see far more benefits than anything else. If we want to get better green technology, why don’t we invest in….oh I dunno….TECHNOLOGY!?
Lunatics still running the Aussie asylum?
Sadly it seems that way 😡
Totally insanity. Should have been way more than $200m.
One day you’ll learn, matey !!
Yes and they should raise it by placing a special tax on you. Don’t pay tax – how about they reduce your welfare? The money has to come from somewhere, dreamer.
Yes, I’m happy to pay tax for it. Cheaper now rather than later. I’m also happy to pay for science to find cleaner options. Otherwise, our ancestors in the next few thousand years will be like WTF guys!
Good businesses have 100 year plans. Governments need 1000 year plans. Not 4 year plans.
Buys the votes of the warmist public, Simon. Pragmatic politics on the Coalition’s part.
The more I see of our current political parties the more I think we need a UKIP-type party in Australia.
Very disappointing. Talk about a government that has lost its way…
Good old Oz….once again suckered in….
And yet others report it as a stunning decision…and Australia is lauded for it
http://www.breitbart.com/Breitbart-London/2014/12/05/Australia-Circumvents-Green-Blob-By-Refusing-to-Pay-Into-UNs-Green-Climate-Fund
At least it’s only 50m a year, and hopefully reduced next year when certain requirements are met, holds off move over the top extortion actions maybe.
So, the Australian government has finally caved in to the pressure. Others will do the same. It’s hard to see how the Global Warming mass hysteria can be reversed.
What else would you expect from these clowns?
The UN Climate Fund: Taking money from poor people (Aussie taxpayers) to give to rich people in foreign countries.
Just when Abbott was in danger of showing some backbone, he turned to jelly again. It might be more tolerable if he just stays that way instead of falsely raising our hopes.