1 big thing
Harjeet Singh: Getting rich countries to pay up for climate change
Dec 7, 2023
Harjeet Singh, Head of Global Political Strategy for Climate Action, discusses the creation of a Loss and Damage fund for developing nations affected by climate change. He advocates for holding top emitters accountable and emphasizes the power of civil society in advocating for climate change action. Climate activists collaborate with country coalitions to bring real change on the ground.
21:45
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The establishment of a Loss and Damage fund, albeit insufficient, marks a breakthrough in compensating vulnerable countries impacted by climate change and preparing for a climate-resilient future.
- The concerns regarding the Loss and Damage fund being housed at the World Bank highlight the need for developing countries to impose conditions to protect their interests and limit interference from historical exploiters, while advocating for sufficient financial pledges to meet their trillions of dollars in losses and damages.
Deep dives
The Fight for a loss and damage fund
Climate activists like Hargit Singh have long been advocating for the establishment of a loss and damage fund, which would compensate vulnerable countries for the destruction caused by climate change and help them prepare for a climate-resilient future. The fund, relying on voluntary contributions from rich nations, falls short of the financial need, but it is considered a starting point. Singh emphasizes the role of civil society in holding countries accountable and calling out their hypocrisy in funding fossil fuel expansion while projecting themselves as climate leaders.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
