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    Who pays for climate change?

    en-usNovember 10, 2021

    Podcast Summary

    • Climate change's disproportionate impact on developing countriesDeveloping countries face devastating consequences from climate change due to lack of resources and preparedness, while developed nations have more resources to cope with extreme weather events.

      The impact of climate change is more pronounced in developing countries due to their lack of resources and preparedness. While the US and other developed nations are dealing with more intense weather events, the consequences can be devastating and potentially destabilizing for developing countries. The ongoing climate summit in Glasgow, Scotland, aims to limit the damage caused by climate change, but the unequal distribution of resources and the inability to recover from disasters can leave many countries in a precarious situation. The BBC provides valuable information and inspiration to help us understand these complex issues and encourage us to think critically about the world around us. If you have questions about the COVID-19 vaccine for kids, send them to shortwave@npr.org.

    • Small island nations seek climate equity through promised fundingSmall island nations, contributing little to climate change, are disproportionately affected and require funding for emissions reduction and adaptation. Developed countries have not yet fulfilled their $100 billion annual promise, causing tension in climate negotiations.

      Small island nations, which contribute little to climate change, are disproportionately affected by it and are seeking climate equity in the form of promised funding from developed countries. This funding, initially pledged at $100 billion a year, is intended to help these countries reduce emissions and adapt to climate change. However, developed countries have not yet delivered on this promise, creating a significant point of contention in the ongoing climate talks. In Kenya, for instance, a small-scale farmer named Winifred Mambuya Moisio is experiencing a positive change with the installation of a solar panel on her home, but more support is needed for true climate equity.

    • Bringing sustainable electricity to off-grid communities with solar energySolar energy solutions are improving lives in off-grid communities by providing consistent lighting and contributing to climate change mitigation, but lack of funding, especially grants, hinders their widespread adoption and adaptation to climate change impacts.

      Solar energy solutions, like those provided by d.light, are making a significant impact in bringing sustainable electricity to communities in regions without grid access. Mauricio's family in Kenya is just one example of how solar energy is improving lives by providing brighter, more consistent lighting for daily activities and education. The deployment of these systems on a large scale, like d.light's one million installations in Kenya, also contributes to climate change mitigation as it reduces reliance on fossil fuels. However, the funding for these initiatives, including from the Green Climate Fund, has not met the promised targets, leaving a significant gap in the financial support needed for developing countries to transition to renewable energy and adapt to climate change impacts. This lack of funding, primarily in the form of grants rather than loans, poses a significant challenge for communities like Mauricio's to effectively adapt and build resilience against climate change.

    • Tension over climate financing at COP26Developing nations need 5-10x more funding for extreme weather events, but lack of commitment from developed countries creates uncertainty.

      The lack of commitment and follow-through on promised climate financing from developed countries to developing nations is causing significant tension and concern at the international climate talks in Glasgow. The US and Japan have recently announced increased pledges, but these have not been met with confidence due to the lack of detailed plans and the need for Congressional approval. Developing countries are urgently seeking financial assistance not only for future climate preparedness, but also for addressing past damage. A new UN report suggests that developing nations require 5 to 10 times more funding than currently available to cope with extreme weather events. The issue of loss and damage, which could be considered compensation, is also being discussed at the summit. Climate activist Raeed Ali from Fiji, who is part of the Loss and Damage Youth Coalition, emphasized the need for this funding, as his country has already experienced significant damage, including the relocation of entire communities due to sea level rise.

    • Developing countries seek funding for climate damage but face resistance from developed countriesDeveloped countries have pledged $100 billion annually for climate finance, but developing countries struggle to secure adequate funding for loss and damage caused by climate change. Scotland is the first to commit, but more is needed to prevent developing countries from viewing the climate talks as a failure.

      Developing countries are struggling to secure adequate funding for loss and damage caused by climate change, despite developed countries' pledge to provide $100 billion per year. The issue lies in the reluctance of developed countries to accept liability for climate-related damages. Scotland has been the first and only country to commit £1,000,000 for loss and damage, but more is needed to prevent developing countries from viewing the climate talks as a failure. Providing finance for pollution damage is a minimum requirement for wealthy countries, but acknowledging responsibility for climate change seems to be a stumbling block. The negotiations at COP 26 are nearing their end, and the resolution of this issue is one of the significant remaining topics. EasyCater, a corporate catering solution, sponsors this podcast. They help companies manage food for work, from team lunches to budgeting tools and payment by invoice. Learn more at easycater.com.

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    © Martin Parsons, 2020