Outrage + Optimism: The Climate Podcast cover image

205. How To Talk About Climate Change So People Will Listen

Outrage + Optimism: The Climate Podcast

NOTE

Reforming harmful subsidies for global progress

A new World Bank report highlights that trillions of dollars are being wasted on harmful subsidies for fossil fuels, farming, and fishing. These subsidies are causing environmental havoc and are diverting funds from crucial areas like health, education, and poverty. By reforming and reducing these subsidies, developing countries could have significant funding available to tackle pressing issues like climate change and biodiversity. The report emphasizes that the $7 trillion annual global subsidies for these sectors are outdated and need reform.

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