The Dark Shadow Shrine

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Tuesday, November 26, 2024

The world is a decade late and $2.7 trillion short per year

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a commitment from developed nations to triple the amount of money they spend to help developing countries mitigate and adapt to global heating, to US$300 billion (S$404 billion) from US$100 billion per year, by 2035.

Compared with the US$7 trillion in estimated explicit and implicit subsidies the world pays fossil-fuel producers every year, that US$300 billion looks even more insulting. 

Qn: Consider the view that all countries have an equal responsibility to tackle climate change. (DHS Prelim 2024)