Rethinking the financial and the economic systems for climate justice

Les financement doivent beaucoup plus être basée sur les ONG nationales , les communiantes locales a la base sur le géni local car c'est eux qui ont la maitrise du terrain de la langue , le dynamique social de leur pays, cela doivent être flexible

.rethinking the financial and economic system justice

This could involve:

1. **Investing in renewable energy:** Promoting the development and deployment of renewable energy sources like solar, wind, and hydroelectric power can help reduce reliance on fossil fuels and mitigate climate change while also providing economic opportunities and energy access to underserved communities.

2. **Supporting sustainable agriculture:** Encouraging sustainable agricultural practices such as agroforestry, organic farming, and soil conservation can help build resilience to climate change, improve food security, and reduce greenhouse gas emissions from agriculture.

3. **Building climate-resilient infrastructure:** Investing in climate-resilient infrastructure such as flood defenses, drought-resistant water systems, and resilient transport networks can help African countries adapt to the impacts of climate change and reduce the vulnerability of communities to extreme weather events.

4. **Promoting green finance:** Encouraging the adoption of green finance mechanisms such as green bonds, climate funds, and sustainable investment funds can mobilize resources for climate-friendly projects and support the transition to a low-carbon economy in Africa.

5. **Addressing climate justice:** Ensuring that climate policies and investments prioritize the needs and rights of marginalized communities, including indigenous peoples, women, and youth, is essential for achieving climate justice in Africa. This includes promoting inclusive decision-making processes and providing support for vulnerable groups to adapt to climate change impacts.

By integrating these principles into financial and economic policies, African countries can work towards achieving climate justice while also fostering sustainable development and economic growth on the continent.

It's better we have more youths if possible,we all know, making something to be sustainable needs disagree to agree, we are the solution to each and every disadvantage or advantage..Thank you all

As a young person, I perceive the current financial and economic system as a significant driver of climate change and exacerbator of environmental inequalities. The focus on profit maximization and short-term gains often leads to unsustainable practices that harm the environment and marginalized communities. The system tends to prioritize economic growth over environmental sustainability and social justice, thus contributing to the worsening climate crisis.

Rethinking financial and economic systems for climate justice should incorporate intersectional perspectives by considering the interconnected nature of social, economic, and environmental issues. This means taking into account the unique challenges faced by marginalized communities, such as indigenous peoples, low-income populations, and communities of color, who are disproportionately impacted by climate change. Inclusivity can be ensured by actively involving these communities in the decision-making process and centering their voices in policy discussions.

Youth-led advocacy campaigns and grassroots movements can mobilize support for transformative economic change by raising awareness, organizing protests, lobbying policymakers, and engaging in public dialogue. By amplifying their voices and advocating for policies that prioritize sustainability and intergenerational justice, young activists can push for systemic reforms that align with climate imperatives.

Opportunities for collaboration between young people and policymakers, experts, and civil society organizations exist in various forms, such as participating in advisory committees, joining working groups, attending conferences, and engaging in advocacy efforts. By working together across sectors, stakeholders can collectively drive meaningful change towards climate justice by influencing policy decisions and shaping public discourse.

Alternative financial and economic models that prioritize sustainability, equity, and intergenerational justice include concepts like the circular economy, green finance, and community-based economics. These models emphasize long-term environmental and social well-being over short-term profits, promote resource efficiency, and empower local communities to take control of their economic destinies.

Key aspects of an alternative financial and economic model, in my view, include decentralization of decision-making power, democratic governance structures, prioritization of local resilience and self-sufficiency, and a focus on holistic well-being rather than GDP growth. These models seek to address systemic inequalities, promote social cohesion, and foster collective well-being by valuing people and the planet over profit.

For alternative financial and economic models to seem viable, there needs to be a fundamental shift in societal values and priorities towards sustainability, equity, and intergenerational justice. This requires challenging entrenched power structures, promoting community empowerment, investing in education and awareness, and fostering a cultural shift towards valuing environmental stewardship and social equity.

International financial institutions and multilateral development banks play a crucial role in this discussion by influencing global economic policies, providing financial resources, and setting standards for sustainable development. Reforms should involve integrating sustainability criteria into lending practices, enhancing transparency and accountability, supporting investments in low-carbon and resilient economies, and prioritizing projects that benefit both people and the planet.

In conclusion, rethinking our financial and economic systems through a lens of climate justice is essential for building a more equitable and sustainable future. By incorporating diverse perspectives, amplifying marginalized voices, mobilizing grassroots support, collaborating across sectors, promoting alternative models, and advocating for policy reforms, we can work towards a more just and sustainable world for present and future generations.

Bonjour je pense que l'économie africaine devrait être repenser pour prendre en compte l'aspect climatique dans tous ses secreurs.

From zambia:
Rethinking the financial and the economic system for climate justice.

It's important to know what climate justice is :in a different simple meaning it can be protecting ecosystems or human rights while utilizing resources such as minerals sustainably the financial and economic system, most of the profitable banks are investment banks .
Investment banks have to rethink about the kind of projects they finance it's not all about business this time people and planet come first before any project implementation.
The circular economy is an opportunity for innovation and this can allow climate justice to be achieved fast.

Thanks,my name is nshimiyimana Jean Bosco from rwanda ,I am owner of Bosco entreprise as the mission of avoid climate change.

So as the contribution of mine By rethinking our financial and economic systems through a lens of climate justice, we can lay the groundwork for a more equitable and sustainable future for generations to come.

1.we can promote the use of renewable energy :so in this project every African countries must use green technology especially in car where we can use SolarCity and cars that can use salary radiation as our pariorities as like Rwanda it's the first country ancrouge the use of green tech rwanda.
2. Every day the countries must rethinking two when they are going to invest especially in agriculture and they see there is agrifrorestry in area even there is not they plant the trees that mixed by crops so as contribution, if we plant the tea we mixed the agroforestry in area and terraces in order to avoid sail erosion this contribution must be principle to every country in Africa yet the world in order to avoid climate change in future generations and economy will be increase well in future if every country are angaged in this principle but Rwanda was started this project.

3.i call every organization that have responsible for avoiding climate change to establishthe common principle that guidance country and business to control and monitor these principle are used .

4.so if we invest in use of In green technology we will increase well being of Young in the next generation and we avoid ozone lay that can cause climate change in next generation.

Thanks everyone came in green technology and environment ,we don't see profit anly but see haw we will be in future generations..

BOSCO ENTERPRISE in Rwanda.

Nshimiyimana Jean Bosco thank you for your comment. You have given some excellent insights to bring the topic of green technology which could be most sought after in the coming years.

Rahnuma sultana , thanks for ancrouge my comments.

Thanks for

In the past I thought the oceans where no go areas but it's sad to notice kilometers of oil pipelines in the oceans
Sometimes I think Africa we are victims or suffering from this climate change for no reason .Bp petroleum in 2010 had an oil spill on the ocean the rig got burnt and sunk investigations revealed that there was neglegency at play who knows the extent of environmental damage of that oil spill the oceans are huge Water bodies and have wave currents .
Rethinking the financial and the economic system for climate justice is very important for any UN member country,new economic models have emerged for example the electric driven economic no more fossil fuels other countries are investing alot in green energy.
the energy transition can bring about climate justice to the marginalized community, Madagascar experiences droughts but it's an island on the ocean . Australia is sinking, Maldives islands they almost half of there land.
The other economic model would be sustainable living and production,super powers like china always want to be at top as the world top economy .
This as negative environmental impact and exacerbates climate injustice china as been reported several times cheap labour ,poor quality goods,produces alot than it's needs remember the smoke clouds people in china wear face masks almost anywhere.
The financial sector is behind the climate change we are suffering from today because they financed projects that never considered environmental impact reports . Recently in Panama a 10 billion dollar mine was closed ,banks should invest more in climate finance countries are moving away from old practices.

*negligence

Another way to Rethinking the financial and the economic system for climate justice
Africa as a whole should be given representation on the G5 or G20 and even most UN seats we are not the source of minerals and natural resources only we have educated people how come Namibia /Angola has a desert was it a nuclear bomb testing or what at some point super powers colonised African countries and no one knows exactly what they doing before independence the history we have it's them who left it to us .

we know of multi national companies that benefited alot hence it's time to rethink about their financial investment towards decarbonization initiatives.

Rethinking the financial and economic system for climate justice should be highly considered if we value our existence in this planet. This is a pressing issue that should never be underestimated. The need for reformed financial systems to align with climatic changes and green actions is very essential as at now.
It is high time that we need to know that as much as we industrialize our nations for economic reasons, we have to consider the threats we pose on our existence on earth.

The rate of emissions is highly accelerating and we will likely to experience global warming.It is with great submission that we need to heavily finance green actions to facilitate decarbonization and safeguard our existence on the planet.

La nécessité de repenser le système financier est une nécessiter pour les jeunes , les ONG nationales car cela permettra d'atteindre les ODD par ce que ce sont les acteurs qui ont la bonne maitrise du terrain, la langue le géni local et le dynamique social de leur pays

The rethinking of youths for becoming innovators and inventors to served as contributors to innovatively find solutions and not only, But a perfect one that is also going to served as a tools for the achievement of the UNDP focus goals and objectives both long and short terms.
firstly we have rethink of solutions wherein we have sought out to recognized the area of financial burden of adjustment to financial crisis must be borne to them and therefore must be handled with fair and effective solutions.
To ensure climate justice the process entails ensuring representation and protection of the right of those vulnerable to the effects of climate change.
Inequalities is one of the major factor which is to be address with essential focus.
Inequalities plays an important role in rethinking climate justice,financial and economic system mainly for improvement wherein UNDP is to enforced by empowering smaller organization with initiatives for the focus purpose of achieving UNDP goals and objective through proper planning,organizing,leading and controlling frame work.
This rethinking from Creative Youths (LIBERIA is to contribute to effective stability by informing the policies and approached for mitigation and adaption for climate change from global to household.

I believe incentivization is necessary for all the stakeholders to work cooperatively resulting in achieving the ultimate goal. The loopholes or lacunae which prevent the entire organizations to not achieve the desired outcomes revolves around the fact that they are not able to bring every one of the same page by acknowledging and fulfilling their interests. Hence it is necessary to fulfill the individual requirements of various stakeholders that would push them for collective approach and hence collaborate for the ultimate goal.

Improving inclusivity and intersectional perspectives is important is something that must be made understood to the various stakeholders. It is basically including the people who are most vulnerable to bear the brunt of climate change and in fact, have already began to bear them. Hence, if we wish to save them and their future, it is important to acknowledge their interests and relate them to the larger goals. The ones who are being adversely affected now and are most vulnerable are the ones who must be prioritized.

For youth led campaigns, it is important for stakeholders to realize that the implementation of any policy is the fundamental requisite behind achieving the goals of the policy and implementation itself revolves around grassroots initiatives that reaches to each and every person. Hence, rather that thinking what youth led campaigns can do, it is imperative for the organizations to realize that their policy benefits lies in the hands of these grassroots level initiatives and hence to support them becomes a prerequisite.

Traditional opportunities always exist where the youth itself culminates into policymakers. However, realizing the power of collectivism and the platform that it creates to voice out their opinions, the youth can potentially use itself as the opportunity to engage with different levels of administration.

Alternative models should have a fundamental component that includes inclusivity. Inclusivity of every person on this planet. Until and unless we don’t achieve that component, the brunt of climate change would be borne by one or the other. The gap would prove to be detrimental because the models’ success lies in how, in its entirety, can be used. Models that include as many variables, and as many factors needed to reach its pinnacle is a requisite. Again, identifying these voices isn’t an issue because they are loud enough to be heard. It’s about the fact that it’s all or nothing approach where acknowledging and fulfilling the interests of various stakeholders and relating it to the larger goal would only mean an ultimate success of any model. Compartmentalization of policy to cater to various sections is difficult but a requisite because ignoring a section cannot lead to fruitful results. Moreover, the simpler the model is which could address the fundamentals of the issues and people, the more viable it becomes and the higher probability of success is possible.

En repensant nos systèmes financiers et économiques sous l’angle de la justice climatique, nous pouvons jeter les bases d’un avenir plus équitable et plus durable pour les générations à venir. Voici nos points de vues :

a. Comment, en tant que jeune, percevez-vous le rôle de notre système financier et économique actuel dans la conduite du changement climatique et l’exacerbation des inégalités environnementales ?
R/ En tant que jeune, nous constatons que le rôle du système financier et économique actuel dans la conduite du changement climatique et l’exacerbation des inégalités environnementales ambitionnent la stabilité du climat au niveau mondiale et le plus longtemps possible. Mais les stratégies utiliser dans ce système financier est encore loin de répondre à cette ambition aussi longtemps qu’il ne tiendra pas compte de certains préalables comme l’inclusions de toutes les couches de la population comme les jeunes, les femmes, les enfants, les peuples autochtones et la mise en place d’un système simplifier et accessible à ces catégories de population. Et la plus grande menace resterait la limitation des quantités des pollutions par les grands pollueurs, aussi bien que le payement de compensation équitable à la quantité des pollutions émises…
b. Comment repenser les systèmes économiques et financiers pour la justice climatique peut-il intégrer des perspectives intersectionnelles et garantir l’inclusion des communautés marginalisées ?
R/ Exactement comme nous venons de le dire ci-haut repenser les systèmes économiques et financier pour la justice climatique permettre d’intégrer les communautés marginalisés car le nouveau système doit tenir compte de toutes ces catégories de populations afin d’accéder à ces financement, chose qui va accroitre les actions climatiques dans toutes les zones géographiques mondiale. Grace à l’accroissement des actions ce tout le monde qui prendra conscience et s’impliquera une éradication durable des effets du changement climatique.
c. Comment les campagnes de plaidoyer menées par les jeunes et les mouvements populaires peuvent-ils mobiliser le soutien en faveur du changement économique transformateur de notre architecture financière internationale ainsi que de notre système économique ?
R/ Ces campagnes doivent dénoncer tout mal capable d’entraver le système et proposer des nouvelles orientations. Mais pour faire ces plaidoyers il faudra que ces jeunes puissent avoir les moyens financiers…
d. Quelles opportunités existent pour les jeunes de collaborer avec les décideurs politiques, les experts et les organisations de la société civile pour plaider en faveur d'une refonte des systèmes financiers et économiques en faveur de la justice climatique ?
R/ L’opportunités qui existent et que tout le monde prendra conscient au même moment et les décisions prisent auront moins de contestations.
e. Quels modèles financiers et économiques alternatifs existent qui donnent la priorité à la durabilité, à l’équité et à la justice intergénérationnelle ?
R/ La mise en place d’un modèle accessible et qui tient compte de toutes les catégories de populations.
f. Quels sont selon vous les aspects clés d’un modèle financier et économique alternatif ?
R/ Tenir compte des différentes catégories de population, financement adapté au contexte de chaque région, la stabilité, la sécurité…
g. Que faut-il faire pour que les modèles financiers et économiques alternatifs semblent viables ?
R/ Mettre en place un système de renforcement de capacité de toutes les parties prenantes et créer une indépendance pour tous les bénéficiers dans leurs actions en évitant un modèle de prédation que font les ONGs Internationales et les gouvernements de plusieurs pays.
h. Comment voyez-vous le rôle des institutions financières internationales et des banques multilatérales de développement dans ce débat, et quelles réformes suggéreriez-vous ?
R/ Que ces derniers mettent en place un système adapté à toutes les catégories des personnes ou structure y compris donc les structure locales, paysannes et leurs fonds doivent être flexible…

For me any financial support system that no eliminate poverty and hunger from poorest and marginalized communities must change their systems. We can rethinking of financial economic systems by provide funding and loans to fostering the economic of marginalized communities without restricting or intended to make profits. Majority of youth-led compaign must be from marginalized communities and poor young people to make this compaign in their region to ensure inclusivity locally and nationally first to guarantee, facilitate or make guidlines for international finance.
We must have access to finance, institutins and supportind without limitation or prolonging the process of support. Digitalization money is alternative financial and economic models by creating a bank accounts to every young people to ensure they have access to sustainable finance without marginalized or restricted by collecting data.