Rihanna calls for global financial reform to help climate-hit communities

His foundation donated over three million euros to climate justice last year, and has a lot to do supporting Caribbean communities after disasters.

Rihanna has also joined the line of petitions world financial reform Helping communities on the front lines of climate change.

The Barbados superstar sent a tweet to US Treasury Secretary, Janet Yellen, and World Bank chief, Ajay Banga, asking them to “make bold commitments to fiscal and financial reforms”.

as a companion of Robin Rihanna Fenty itself has done a lot to combat climate change Your Clara Lionel Foundation,

For more than a decade, it has funded climate resilience and climate justice initiatives in the Caribbean and the United States.

The musical star asked the two economic leaders, “Will you join Prime Minister Mia Mottley of Barbados and take a step forward on behalf of the communities most affected by the climate emergency?”

Why did Rihanna call for global economic recovery?

Rihanna shared a link to her Global Citizen Activist ForumWhich is campaigning for global financial reform to address the interrelated crises of climate change, poverty and inequality.

A letter from influencers to world leaders and financial institutions focused on three key points:

fulfill promises, Rich countries committed themselves to mobilize $100,000 million (92,000 million euros) in climate finance every year until 2020. But $16,000 million (15,000 million euros) is still missing, according to Global Citizen, who says it will now have to sign up for new funds.

release of funds. Activists call for “progressive and urgent reform” of the international financial system, including the World Bank, the IMF and other multilateral development banks. They want new funds to be set up immediately for countries that need them.

making the polluters pay, As climate change accelerates around the world, support for this theory is growing. Specifically, Global Citizen complains “A new global solidarity tax on the largest carbon emitters to finance climate aid and other global public benefits For those who are on the first line of the crisis”.

Motley Fool thanked Rihanna on her tweet, saying she Bridgetown Initiative —a proposal led by Barbados to reform the world of development finance—is an “opportunity” that world leaders must seize.

The initiative, which is being debated at the Financial Summit in Paris this week, aims to make the system fairer. For example, IPlease note that developing countries end up being forced to increase their debts due to climate-caused disasters.

What does Rihanna’s Clara Lionel Foundation do?

The Clara Lionel Foundation (CLF), named after the singer’s abuelos, prioritizes both climate resilience and climate justice.

Since 2012, it has donated millions in aid after devastating natural disasters – including Hurricanes Harvey, Irma and Maria in 2017.

In 2019, the Foundation launched its Climate Resilience Initiative (CRI) to promote preparedness for emergencies. That same year, CLF awarded a one million dollar grant, providing food and emergency medical care to the north of the Bahamas after Huracan Dorian.

Last year, Rihanna committed to donate 15 million dollars (13.2 million euros) to the climate movement through his foundation.

The singer announced that donations made to 18 climate justice organizations would help seven Caribbean countries and the United States. These include Alianza por la Justicia Climatica, Red Indigena Medioambiental and Movimiento por las vidas negras.

Climate disasters, while becoming more frequent and intense, do not affect all communities equally. Colored communities and island nations most affected by climate changeRihanna assured.

subsidy given in collaboration with StartSmall Philanthropic Initiative by Twitter Co-Founder Jack DorseyThey focus on groups with women, LGBT, Black and Indigenous leaders, as their communities are most at risk.


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