19min chapter

Economics for Rebels cover image

Should countries pay for their climate debt?

Economics for Rebels

CHAPTER

Quantifying Compensation for Decarbonization by 2050

The chapter explores the research findings on determining the compensation owed for decarbonization by 2050, addressing controversial topics in ecological economics like fair share of atmospheric appropriation and unjust money creation. It analyzes historical emissions of countries, highlighting over-emitters and lower-emitters, and proposes a reparation mechanism for high-emitting nations to compensate low-emitting countries, estimating a required annual fund of $6 trillion through 2050.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode