Climate change: It's all about money

Down to earth

It is abundantly clear that the world is being battered by extreme weather events because of climate change. It is also equally clear that the burden of these devastations is disproportionate — they hit the poor in the poorest countries the hardest. Climate finance is not just payment or reparations needed to mitigate and adapt to these disproportionate impacts of climate change. It is also about providing finance for the transition that these countries still need to develop.

They need to develop differently so that they can grow without adding as much to the stock of emissions that will further