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Rich nations failing poor countries in fight against climate change: report

Rich nations failing poor countries in fight against climate change: report

CBSN
Thursday, October 28, 2021 10:40:32 PM UTC

When the global community first began negotiating how to move off fossil fuels more than a decade ago, wealthy countries agreed to spend up to $100 billion every year to help poorer countries move to clean technology and adapt to fuels. To date, however, rich nations have fallen far short of their pledge.

Instead, developed countries — which emit the bulk of carbon pollution currently in the atmosphere — have spent substantially more on militarizing their borders than on trying to mitigate the kind of climate catastrophes that help drive international migration, according to the Transnational Institute, a left-leaning nonprofit.

"The world's top emitters are failing to provide necessary climate finance, yet seem to have limitless budgets for borders and immigration enforcement," TNI wrote in a report this week. 

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