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United Nations report: $150 trillion needed 'to combat climate change and its impacts'
Photo by DANIEL SLIM/AFP via Getty Images

United Nations report: $150 trillion needed 'to combat climate change and its impacts'

The United Nations recommended that $5.3 trillion is required annually to combat climate change and stop the warming of the Earth, according to the organization's latest report.

The U.N.'s Department of Economic and Social affairs released its report on the World Economic Situation and Prospects for 2024, reiterating its 17 Sustainable Development Goals. The widely criticized goals are often used as inspiration for many Western nations' diversity, equity, and inclusion legislation, as well as policy related to climate change.

"Gender Equality," "Sustainable Cities and Communities," and "Quality Education" are among the 17 goals.

Also included are "Affordable and Clean Energy" and "Climate Action."

It is under these categories that the United Nations suggests astronomical amounts of funding in order to reach its goals.

The organization's climate action goals referred to "global climate finance," which it stated had reached a whopping $803 billion annually in 2020. This was reportedly a 12% increase compared to prior years.

However, just a few years later the global organization has decided that is nowhere near enough.

The report stated that the enormous sum "still falls short of the levels needed to limit warming" and that "fossil-fuel-related flows exceeded climate financing for adaptation and mitigation in 2020."

The full report revealed the true desired number; an estimated $150 trillion by 2050. This equates to $5.3 trillion annually to "combat climate change and its impacts," the report read. The funds are supposedly needed to transition energy and infrastructure.

The report also complained that the terms of the Paris climate agreement of 2015 have not been adhered to by participating countries. "The pledge by developed countries to provide $100 billion in climate finance annually by 2020 was never fully met, with funding totalling only $89.6 billion in 2021," the report explained.

The United Nations has also recommended other gigantic budgets to reach its sustainability goals by the infamous target date of 2030. An estimated $35-$40 billion USD was suggested to allow for universal electricity access.

The global consortium was not shy about dealing in make-believe sums of money throughout the 2024 report. The word "trillion" in relation to dollars was mentioned 52 times in the document.

Despite the never-ending climate funding, the document also noted that "conflict and climate change" caused havoc in the lives of millions, but the organization worried that it also jeopardized the U.N.'s "progress towards sustainable development."

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Andrew Chapados

Andrew Chapados

Andrew Chapados is a writer focusing on sports, culture, entertainment, gaming, and U.S. politics. The podcaster and former radio-broadcaster also served in the Canadian Armed Forces, which he confirms actually does exist.
@andrewsaystv →