It is feasible': climate finance won't burden rich countries, say economists
Briefly

"Is it feasible? The answer is absolutely yes. Is it politically challenging? The answer is also yes. But I do believe it can be done." - Amar Bhattacharya, highlighting the potential for raising climate finance despite political obstacles.
"When nations can't climate-proof their links in global supply chains, every nation in an interconnected global economy pays the price." - Simon Stiell, emphasizing the financial implications of failing to address climate risks.
"Without such investment, the world faces a future of economic damage, rampant inflation and the reversal of gains made in recent decades to pull poor countries out of destitution." - UN officials stressing the urgency of climate finance.
"The governments of nearly 200 countries are wrangling over how to channel the funds needed to help poor nations cut their greenhouse gas emissions and cope with the impacts of extreme weather." - The challenge faced by global governance in climate finance.
Read at www.theguardian.com
[
|
]