The Cruel Irony Of Climate Debt

Not only does climate change have a more significant impact on the economies of lower-income countries, these also have to pay more for adaptation, recovery and redevelopment loans, leading them into the climate debt trap. With the added “cruel irony” that those less responsible for climate change are being made to pay a larger share of the price.

Image for post
Image for post
Image for post
Image for post
https://www.preventionweb.net/files/61119_credeconomiclosses.pdf

Low income countries suffer the most

Image for post
Image for post
UN report
Image for post
Image for post

Higher borrowing costs bring more debt

Image for post
Image for post
https://imperialcollegelondon.app.box.com/s/4q730haovdfcepkq1s2u5d6cf1cc85kr

More than “just a moral question”

Euro-Mediterranean Center on #ClimateChange: integrated, multi-disciplinary and frontier research on climate science and policy.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store