Exclusive - Palestinians in Lebanon View US Cut of UNRWA Funding as Attempt to End Their Cause

Palestinian students receive new studying books during the first day of the school year, at an UNRWA school, in Beirut, Lebanon, September 3, 2018. (AP)
Palestinian students receive new studying books during the first day of the school year, at an UNRWA school, in Beirut, Lebanon, September 3, 2018. (AP)
TT

Exclusive - Palestinians in Lebanon View US Cut of UNRWA Funding as Attempt to End Their Cause

Palestinian students receive new studying books during the first day of the school year, at an UNRWA school, in Beirut, Lebanon, September 3, 2018. (AP)
Palestinian students receive new studying books during the first day of the school year, at an UNRWA school, in Beirut, Lebanon, September 3, 2018. (AP)

Palestinian refugees in Lebanon interpret the US announcement that it was cutting its funding to UNRWA as an end to their cause and an attempt to leave them to an unknown fate.

Talks about resettlement plans in exchange for the implementation of the so-called “Deal of the Century” do not attract them, because “our experience in Lebanon does not allow us to dream of any decent life,” according to Anwar, from the Burj Barajneh camp in Beirut’s southern suburbs.

“When we hear of UNRWA’s funding being stopped, we are terrified. How will we get medical care and how will we teach our children?” says Rayan, a teacher and sociologist who works for a school at the Palestinian Al-Ikhwa association in the camp. “Our tragedy will not end with a Lebanese or Arab nationality. We demand that the solution be through a European nationality.”

On the right of return, Rayan said: “The right of return is the talk of our ancestors. I don’t want this illusion. I want a promising future for me and my children.”

US President Donald Trump’s decision to halt aid to UNRWA pushed Lebanon’s Speaker Nabih Berri to demand the Arab League to make an urgent decision on the matter. Foreign Minister in the caretaker government Jebran Bassil also urged Arab countries to compensate for the lack of US funding.

MP Ayoub Hmayed, member of Berri’s parliamentary bloc, told Asharq Al-Awsat: “The US administration wants to eliminate the Palestinian cause through successive steps that began with its relocation of its embassy to Jerusalem, the declaration of Jerusalem as the eternal capital of Israel and today, the decision to stop funding UNRWA.”

He continued: “There are a series of events leading up to the ‘Deal of the Century’. We cannot forget the systematic dispersal of the Palestinians in the large camps in Syria, Jordan and Lebanon... There is a path to be completed, and with the decision on UNRWA, the repercussions on the Lebanese society will grow.”

In remarks to Asharq Al-Awsat, the head of the Palestinian Ikhwa association for cultural and social work, Hassan Mustafa, said: “UNRWA, which was established in wake of the Nakba of 1948, is witness to the reality of the people in the camps in Lebanon.

“Any attempt to abolish it and annex the Palestinians to another international institution will lead us to the final stage in the project of eliminating the Palestinian cause and revoking the right of return.”



COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
TT

COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)

Countries agreed at the UN's COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

MILITARY MIGHT

In 2023, governments around the globe spent $6.7 billion a day on military expenditure, according to the Stockholm International Peace Research Institute.

That means the $300 billion annual climate finance target equates to 45 days of global military spending.

BURNING OIL

$300 billion is currently the price tag for all the crude oil used by the world in a little over 40 days, according to Reuters calculations based on global crude oil demand of approximately 100 million barrels/day and end-November Brent crude oil prices.

ELON MUSK

According to Forbes, Elon Musk's net worth stood at $321.7 billion in late November. The world's richest man and owner of social media platform X has co-founded more than half a dozen companies, including electric car maker Tesla and rocket producer SpaceX.

STORM DAMAGE

Hurricane Katrina, one of the most devastating and deadliest cyclones in US history, caused $200 billion in damage alone in 2005.

This year's climate-fueled Hurricane Helene could end up costing up to $250 billion in economic losses and damages in the US, according to estimates by AccuWeather. While preliminary estimates by Morningstar DBRS suggest Hurricane Milton, also supercharged by ocean heat, could cost both the insured and uninsured nearly $100 billion.

BEAUTY BUYS

The global luxury goods market is valued at 363 billion euros ($378 billion) in 2024, according to Bain & Company.

COPPER PLATED

The GDP of Chile - the world's largest copper producing country - stood at $335.5 billion in 2023, according to World Bank data.

GREECE'S BAIL OUT

Euro zone countries and the International Monetary Fund spent some 260 billion euros ($271 billion) between 2010 and 2018 on bailing out Greece - the biggest sovereign bailout in economic history.

BRITISH BONDS

Britain's new government needs to borrow more to fund budget plans. Gilt issuance is expected to rise to 296.9 billion pounds ($372.05 billion) for the current financial year.

TECH TALLY

A 10% share of tech giant Microsoft is worth just over $300 billion, according to LSEG data. Meanwhile the market cap for US oil major Chevron stood at $292 billion.

CRYPTO

The annual climate finance target amounts to 75% of the total value of the global market for crypto currency Ether, the world's second-largest cryptocurrency.

Alternatively, 3 million Bitcoin would cover the annual climate finance target as the world's largest cryptocurrency closes in on the $100,000 mark following a rally fueled by Donald Trump winning the Nov. 5 US presidential election.