Climate Proposal: Poor Countries to Pay Down National Debt by Spending Money on Themselves
15 hours ago
Eric Worrall
Guest essay by Eric Worrall
Imagine if you could pay down your own credit card or bank debt by mowing your own lawn. This is what developing countries have just demanded from COP26. To make sure the motion is passed, they also want to hold host country Britain accountable for ensuring the success of this proposed “climate emergency pact”.
Climate change: Vulnerable nations call for ’emergency pact’
By Matt McGrath
Environment correspondent
The countries most vulnerable to climate change are calling for an “emergency pact” to tackle rising temperatures.
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The vulnerable nations say that richer countries must fulfil their obligations to deliver $100bn in climate finance per year over the 2020-24 period.
https://wattsupwiththat.com/2021/09/08/developing-countries-climate-proposal-pay-down-sovereign-debt-by-spending-money-on-themselves/
