Short Wave Who pays for climate change?
Nov 10, 2021
Lauren Sommer, an NPR climate correspondent, dives into the pressing issue of climate change financing for developing countries. She reveals how a coalition of wealthier nations' unfulfilled promises leave vulnerable regions at risk. The conversation highlights the transformative power of solar energy in Kenya and the urgent call for climate equity, especially for small island nations. Sommer critiques the shallow efforts by developed countries and emphasizes the need for new funding initiatives to address historical damages and future resilience.
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Impact Disparity
- Developing countries experience similar climate change impacts as developed nations, like stronger storms and droughts.
- However, they lack resources to recover, making it hard to rebuild after disasters, unlike the US.
Climate Equity
- Climate equity is a major theme, as developing countries seek financial aid from richer nations.
- Twelve years ago, wealthy countries pledged $100 billion annually, but haven't fully delivered.
Solar Power in Kenya
- Winifred Mambuya Moisio in Kenya gets her first electricity through a solar panel, showcasing a climate-friendly solution.
- D-Light has installed a million such systems, providing sustainable energy access.