this post was submitted on 03 Nov 2024
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COP16 fizzles out as rich countries block global nature fund (www.politico.eu)
submitted 2 weeks ago by slartibartfast@lemm.ee to c/world@quokk.au
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The outcome left African and Latin American nations furious and prompted some to refuse to engage on other biodiversity issues.

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[–] hubobes@sh.itjust.works 7 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Switzerland based companies control 60% of the global mineral trade, so there you have our incentive.

[–] Deceptichum@quokk.au 5 points 2 weeks ago

And Australia rips up its resources to sell abroad, such as exporting brown coal.

We’re a nation built entirely on resource extraction, with some financial sector on the side.