Paris Needs To Take The 'Climate' Out Of 'Climate Aid'

One of the things we’re hearing more and more about here in Paris is so-called “climate aid.” There has been a huge push from climate NGOs to convince rich countries to spend a fortune to help poor countries adjust to global warming. This term is a catch-all for money being given from rich countries to poorer countries for global warming education, solar panels, adaptation, or anything you can imagine that can be linked to global warming.

This push has already had an effect. The Organization for Economic Cooperation and Development has analyzed about 70% of total global development aid and found that about one in four of those dollars now goes to climate-related aid.

Read the full article
2 Dec 2015

Published by

Forbes

Category

Articles

Language