{"id":647,"date":"2023-10-07T14:49:43","date_gmt":"2023-10-07T14:49:43","guid":{"rendered":"https:\/\/energyprofits.in-beta6.co.uk\/?page_id=647"},"modified":"2025-06-06T09:02:45","modified_gmt":"2025-06-06T09:02:45","slug":"climate-finance","status":"publish","type":"page","link":"https:\/\/energyprofits.in-beta6.co.uk\/?page_id=647","title":{"rendered":"Climate Finance"},"content":{"rendered":"\n<section class=\"textHighlight\">\n  <div class=\"textHighlight__container container\" data-aos=\"fade-up\">\n  \n    <div class=\"textHighlight__text highlightText\" data-aos=\"flip-up\">\n      <h1>Countries who\u2019ve done the least to cause the climate crisis are <strong>affected most by its impacts.<\/strong><\/h1>\n    <\/div>\n\n  <\/div>\n<\/section>\n\n\n<section class=\"largeMedia largeMedia--type-video\">\n      <div class=\"largeMedia__videoHolder\">\n      <div class=\"largeMedia__videoInner\">\n        <iframe loading=\"lazy\" title=\"EnergyProfits_FireChimneys\" src=\"https:\/\/player.vimeo.com\/video\/877365200?dnt=1&amp;app_id=122963&#038;loop=1&#038;controls=0&#038;autoplay=1&#038;mute=1&#038;hd=1&#038;background=1\" width=\"640\" height=\"360\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe>      <\/div>\n    <\/div>\n  \n\n      <button class=\"largeMedia__scrollText scrollBtn\">Explore Climate Finance<\/button>\n  <\/section>\n\n\n<section class=\"image-reveal  js-image-reveal\">\n\n    <div class=\"image-reveal__container container\">\n\n        <div class=\"image-reveal__image\">\n            <div class=\"image-reveal__image-desk\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1401\" src=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-scaled.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-scaled.jpg 2560w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-300x164.jpg 300w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-1024x561.jpg 1024w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-768x420.jpg 768w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-1536x841.jpg 1536w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/05\/image-reveal-2048x1121.jpg 2048w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/>            <\/div>\n            <div class=\"image-reveal__image-mob\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"762\" src=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/otherplash-edit.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/otherplash-edit.jpg 800w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/otherplash-edit-300x286.jpg 300w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/otherplash-edit-768x732.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>            <\/div>\n        <\/div>\n\n        <div class=\"image-reveal__content\">\n            <div class=\"image-reveal__titleHolder\">\n                <div class=\"image-reveal__title\"><h3>Sea levels rising, sustained heatwaves, increasingly severe bushfires, drought, hurricanes, and species extinction.<\/h3>\n<\/div>\n            <\/div>\n            <div class=\"image-reveal__bottomContent\">\n                <div class=\"image-reveal__text\">\n                    <p>As global warming worsens, the negative impacts of climate damages will increase in frequency and severity. Developing countries are more vulnerable to the worst impacts of climate change and are less likely to have the resources to adequately respond or adapt. Yet they have contributed the least to the climate crisis.<\/p>\n                <\/div>\n                            <\/div>\n        <\/div>\n    <\/div>\n\n<\/section>\n\n\r\n<section class=\"taxCalc taxCalc--main\" data-number=\"200000000000\">\r\n  <div class=\"taxCalc__title\">\r\n    <div class=\"taxCalc__container container\">\r\n      <h2>It\u2019s time for polluters to pay<\/h2>\r\n    <\/div>\r\n  <\/div>\r\n  <div class=\"taxCalc__container container\">\r\n\r\n    <div class=\"taxCalc__bottomPanel\">\r\n      <div class=\"taxCalc__introHolder\">\r\n        <p class=\"taxCalc__introText\">Loss and Damage Fund Calculator<\/p>\r\n        <p class=\"taxCalc__introText taxCalc__introText--faint\">Enter an amount below to see how much tax could be generated.<\/p>\r\n      <\/div>\r\n      <div class=\"taxCalc__calHolder\">  \r\n        <p class=\"taxCalc__text\">Taxing the 2022 profits of the five oil majors by <span class=\"inputHolder\"><input type=\"number\" id=\"taxRate\" min=\"1\" max=\"100\" step=\"1\" placeholder=\"2\">%<\/span> would generate <span class=\"resultHolder\">$ <span class=\"placeholder\">4,000,000,000<\/span><span class=\"result\"><\/span><\/span>for the Loss and Damage Fund.<\/p>\r\n      <\/div>\r\n\r\n      <div class=\"taxCalc__btnsHolder\">\r\n        <button class=\"taxCalc__btn taxCalc__btn--results btn\">\r\n          <p>View results<\/p>\r\n        <\/button>\r\n        <button class=\"taxCalc__btn taxCalc__btn--clear btn\">\r\n          <p>Reset<\/p>\r\n        <\/button>\r\n      <\/div>\r\n    <\/div>\r\n\r\n  <\/div>\r\n<\/section>\n\n\n<section class=\"image-reveal image-reveal--style-between js-image-reveal\">\n\n    <div class=\"image-reveal__container container\">\n\n        <div class=\"image-reveal__image\">\n            <div class=\"image-reveal__image-desk\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods.jpg 1500w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods-300x200.jpg 300w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods-1024x683.jpg 1024w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods-768x512.jpg 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>            <\/div>\n            <div class=\"image-reveal__image-mob\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods.jpg 1500w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods-300x200.jpg 300w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods-1024x683.jpg 1024w, https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2023\/10\/PakistanFloods-768x512.jpg 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>            <\/div>\n        <\/div>\n\n        <div class=\"image-reveal__content\">\n            <div class=\"image-reveal__titleHolder\">\n                <div class=\"image-reveal__title\"><p><a href=\"https:\/\/influencemap.org\/pressrelease\/Big-Oil-s-Big-History-of-Blocking-Climate-Action-da8364692983184477b5f4347e77d761\" target=\"_blank\" rel=\"noopener\">Fossil fuel companies have caused and exacerbated the climate crisis<\/a>. Taxing their enormous profits is the obvious solution to financing <a href=\"https:\/\/unfccc.int\/topics\/introduction-to-climate-finance\">climate finance<\/a><\/p>\n<\/div>\n            <\/div>\n            <div class=\"image-reveal__bottomContent\">\n                <div class=\"image-reveal__text\">\n                    <p>Climate finance seeks to support mitigation and adaptation actions that will address climate change, providing support for countries suffering from the worst impacts of the climate crisis.<br \/>\nWhen global leaders and delegations convene throughout the year at events including the <a href=\"https:\/\/unfccc.int\/sb60\">Bonn Climate Conference<\/a>, the <a href=\"https:\/\/www.g7italy.it\/en\/\">G7 Summit<\/a> in Puglia, Italy, and <a href=\"https:\/\/unfccc.int\/cop29\">COP29<\/a> in Baku, Azerbaijan, they must hold Big Oil accountable in climate finance discussions.<\/p>\n                <\/div>\n                                    <a href=\"https:\/\/www.unep.org\/news-and-stories\/story\/what-you-need-know-about-cop27-loss-and-damage-fund\" class=\"image-reveal__link btn btn--grey\" aria-label=\"View the Fund\">\n                        <p>View the Fund<\/p>\n                    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n\n<\/section>\n\n\n<section class=\"emissions emissions--reducePadding js-emissions-chart\">\n    <div class=\"emissions__container container\">\n        <div class=\"emissions__intro\">\n            <h4 class=\"emissions__title\" data-aos=\"fade-up\">Annual emissions of the five oil majors compared to countries<sup>1, 2<\/sup><\/h4>\n\n                            <a href=\"https:\/\/energyprofits.in-beta6.co.uk\/wp-content\/uploads\/2025\/06\/Jun-25_Energy-Profits_Data-2.pdf\" target=\"_blank\" class=\"btn\" data-aos=\"fade-up\" aria-label=\"Download Data\"><p>Download Data<\/p><\/a>\n            \n            <p class=\"emissions__note\" data-aos=\"fade-up\">Figures shown in million tonnes CO<sub>2<\/sub>e in 2023<\/p>\n\n        <\/div>\n        <div class=\"emissions__chart\">\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 100.00%;\n                    background-color: #fd3e12;\n                \">\n                    <div class=\"emissions__bar-key emissions__bar-key--inside\">\n                        <span class=\"emissions__bar-title\">Big 5 Oil Majors<\/span>\n                        <span class=\"emissions__bar-fig\">2250.1<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 57.78%;\n                    background-color: #ffa022;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Brazil<\/span>\n                        <span class=\"emissions__bar-fig\">1300.2<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 53.34%;\n                    background-color: #fcab41;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Indonesia<\/span>\n                        <span class=\"emissions__bar-fig\">1200.2<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 46.26%;\n                    background-color: #fcc332;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Japan<\/span>\n                        <span class=\"emissions__bar-fig\">1041.0<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 44.30%;\n                    background-color: #fdc941;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Iran<\/span>\n                        <span class=\"emissions__bar-fig\">996.8<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 35.79%;\n                    background-color: #fce66a;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Saudi Arabia<\/span>\n                        <span class=\"emissions__bar-fig\">805.2<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 33.23%;\n                    background-color: #fcea85;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Canada<\/span>\n                        <span class=\"emissions__bar-fig\">747.7<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 33.19%;\n                    background-color: #fdfbb9;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">International Shipping<\/span>\n                        <span class=\"emissions__bar-fig\">746.9<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 31.65%;\n                    background-color: #fffed9;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Mexico<\/span>\n                        <span class=\"emissions__bar-fig\">712.1<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n            \n            <div class=\"emissions__bar\">\n                <div class=\"emissions__bar-fill js-bar-fill\" style=\"\n                    width: 30.30%;\n                    background-color: #ffffff;\n                \">\n                    <div class=\"emissions__bar-key \">\n                        <span class=\"emissions__bar-title\">Germany<\/span>\n                        <span class=\"emissions__bar-fig\">681.8<\/span>\n                    <\/div>\n                <\/div>      \n\n            <\/div>\n\n                    <\/div>\n    <\/div>\n<\/section>\n\n\n<section class=\"text-over-image\">\n\n    <div class=\"text-over-image__container container\">\n        <div class=\"text-over-image__text\" data-aos=\"fade-up\">\n            <p>According to the UN, by 2030 climate related <br \/>loss and damage costs per year could reach<\/p>\n        <\/div>\n        <div class=\"text-over-image__stat\" data-aos=\"fade-up\">\n            $300billion<sup>3<\/sup>        <\/div>\n    <\/div>\n\n            <div class=\"text-over-image__videoHolder\">\n            <div class=\"text-over-image__videoInner\">\n                <iframe loading=\"lazy\" title=\"EnergyProfits_Floods\" src=\"https:\/\/player.vimeo.com\/video\/877388624?dnt=1&amp;app_id=122963&#038;loop=1&#038;controls=0&#038;autoplay=1&#038;mute=1&#038;hd=1&#038;background=1\" width=\"640\" height=\"360\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe>            <\/div>\n            <span class=\"text-over-image__image--bg\" style=\"background-color: rgba(0,0,0,.3);\"><\/span>\n        <\/div>\n    \n<\/section>\n\n\n<section class=\"pageLinks \">\n  <div class=\"pageLinks__container container\">\n\n          <a href=\"https:\/\/energyprofits.in-beta6.co.uk\/national-oil-companies\/\" class=\"pageLinks__link pageLinks__link--left\" aria-label=\"National Oil Companies\">\n        <p>National Oil Companies<\/p>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"28.285\" height=\"28.285\" viewBox=\"0 0 28.285 28.285\">\n          <path data-name=\"Union 9\" d=\"M16.154,20V6.788L2.942,20,0,17.058,13.21,3.847H0V0H20V20Z\" transform=\"translate(14.142) rotate(45)\" fill=\"#fff\"\/>\n        <\/svg>\n      <\/a>\n    \n          <a href=\"https:\/\/energyprofits.in-beta6.co.uk\/legal-cases\/\" class=\"pageLinks__link pageLinks__link--right\" aria-label=\"Legal Cases\">\n        <p>Legal Cases<\/p>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"28.285\" height=\"28.285\" viewBox=\"0 0 28.285 28.285\">\n          <path data-name=\"Union 9\" d=\"M16.154,20V6.788L2.942,20,0,17.058,13.21,3.847H0V0H20V20Z\" transform=\"translate(14.142) rotate(45)\" fill=\"#fff\"\/>\n        <\/svg>\n      <\/a>\n    \n  <\/div>\n<\/section>\n\n\n<section class=\"sources \">\n\n    <div class=\"sources__container container\">\n                    <h5 class=\"sources__title\">Sources<\/h5>\n                \n        <ol class=\"sources__list\">\n            \n            <li><p>Company emissions: Scopes 1 &amp; 2 &#8211; operational control, Scope 3 &#8211; category 11, upstream production only, 2021 (Source: company reporting)<\/p>\n<\/li>\n\n            \n            <li><p>2023 Domestic GHG emissions only (Source: <a href=\"https:\/\/edgar.jrc.ec.europa.eu\/report_2024\" target=\"_blank\" rel=\"noopener\">EDGAR Community GHG Database<\/a>)<\/p>\n<\/li>\n\n            \n            <li><p>Based on UN IHLEG estimated annual costs of climate change by 2030.<\/p>\n<\/li>\n\n            \n        <\/ol>\n    <\/div>\n\n<\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-647","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Climate Finance | Energy Profits<\/title>\n<meta name=\"description\" content=\"Fossil fuel companies have caused and exacerbated the climate crisis. 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