AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Economic Costs of Climate Change
The Indian subcontinent's share of the global economy shrank from 27 to 3% between 1700 and 1950. The loss in damage fund that rich countries agreed to create was meant to begin to repay that debt with $100 billion a year. So far, contributions have fallen far short of that goal. Any money that has come in has mostly been in the form of loans that are putting countries further into debt.