Bloomberg reports about the Doha climate talks. One of the topics is the question of how exactly the $100 billion a year for the Green Climate Fund that is supposed to be raised by developed countries until 2020 is supposed to be paid for. The basic idea is that the developed countries have historically profited the most from fossil fuel use and therefore should pay more for dealing with the consequences.
I learned from that article that Japan has paid $17.4 billion for the fast start finance period (the three years from 2010 to 2012), which is more than the whole of the EU combined ($ 9,3 billion).
Financing for the next three year period should double to $60 billion, which would still leave the level only at 20 percent of the 2020 goal.
How to come up with $100 billion a year? One idea would be to use part of the military budgets. Declare global warming a security threat. Declare war against the evil alien Khalmorot who wants to burn our planet (if you don’t understand what that means, please have a look at my global warming science fiction novel “Great News”, available as a free PDF download here).
World military spending in 2011 was $1,735 billion. It should be not ever so difficult to find a large part of the $100 billion in question in these budgets, if world leaders finally wake up to the enormity of the challenge.
$100 billion is a lot of money. It’s considerably more than my monthly income. On the other hand, it’s still less than $15 per capita, counting the whole world population of 7 billion. If anything, this would be a rather modest effort.