Climate Finance, Grants Instead of Loans

Paris Marx is joined by Sabrina Fernandes to discuss what came out of COP26, what it actually means to have net-zero emissions by 2050, and all the mechanisms that countries are developing to delay necessary action to reduce emissions.

Sabrina Fernandes is an IRGAC postdoctoral fellow at Rosa Luxemburg Stiftung. She’s the producer of Tese Onze and a contributing editor at Jacobin. Follow Sabrina on Twitter at @safbf.

🚨 T-shirts are now available!

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.

Find out more about Harbinger Media Network at harbingermedianetwork.com.

Also mentioned in this episode:

• Sabrina and Claudia Horn wrote about COP26 and what Brazil’s far-right government was up to at the conference.
• Paris wrote about why Elon Musk won’t save us from the climate crisis.
• The International Rights of Nature Tribunal has a resource on the false solutions to the climate crisis.
• Melissa Moreano and Juliane Schumacher wrote about REDD+ and the discourse around forests at COP26.
• Daniel Aldana Cohen worked on the Green New Deal for Public Housing.
• COP26 agreed on the Glasgow Climate Pact, but pledges would still result in 2.4º of warming.
• Climate scientists say net-zero is about “a need to protect business as usual, not the climate.”
• Jeff Bezos should cut Amazon emissions, not focus on forests.
• Amazon’s emissions increased by 15% in 2019 and 19% in 2020.
• Painting the street white causes people to absorb the heat that streets aren’t.
• Juice Media did good videos on the problems with net-zero and carbon capture.

Support the show