Combating climate change needs money that is only available in global bond and equity markets, which are heavily invested in fossil fuels; public finances are needed to make them change direction
Trillions of dollars. That is what India said it needed to deal with climate change in 2015, and it is only one of – though one of the biggest – the developing countries. Where will this come from?…Read more
Combating climate change needs money that is only available in global bond and equity markets, which are heavily invested in fossil fuels; public finances are needed to make them change direction
Trillions of dollars. That is what India said it needed to deal with climate change in 2015, and it is only one of – though one of the biggest – the developing countries. Where will this come from?…Read more
But lots of talk on how to administer whatever is available
As the first week of the November 6-17 UN climate summit in Bonn, Germany, drew towards a close, the European Union, Switzerland and Canada reiterated their commitment to increase financial help to developing countries to US$100 billion per year by 2020. But right now, the grants…Read More
The UN Environment Programme has increased by 4-5 times its estimate of how much money the world will need to adapt to climate change effects
The cost of adapting to a changing climate will be 4-5 times higher than what was estimated two years ago, says a new report by the United Nations Environment Programme (UNEP). “The costs of adaptation could range from…Read More
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