Who will pay for climate damages – and HOW?
The people and industries of the world’s richest countries have done the most to heat the planet. But they’re terrified of being held liable for extreme weather they’ve made more violent. Meanwhile, the poorest can’t afford to pay for the consequences of other people’s pollution. So should the rich world be paying for climate damages – and what’s the best way to do so?
Credits
Reporter: Ajit Niranjan
Video Editor: Markus Mörtz
Supervising editor: Kiyo Dörrer & Joanna Gottschalk
We’re destroying our environment at an alarming rate. But it doesn’t need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we’ll take a truly global look at how to get us out of this mess.
Read more:
COP27 agreement on loss and damage payments: https://unfccc.int/sites/default/files/resource/cma4_auv_8f.pdf
Historical CO2 emissions since 1850 from fossil fuels, cement and land use change: https://www.carbonbrief.org/analysis-which-countries-are-historically-responsible-for-climate-change/
Pakistan floods weather attribution study: https://www.worldweatherattribution.org/wp-content/uploads/Pakistan-floods-scientific-report.pdf
Progress toward the $100 billion pledge: https://www.oecd-ilibrary.org/finance-and-investment/aggregate-trends-of-climate-finance-provided-and-mobilised-by-developed-countries-in-2013-2020_d28f963c-en;jsessionid=ZRbmNBg3w_qy0KsHb7Wmn6_BGmxkbfRVLvOTV4c6.ip-10-240-5-71
Fair shares of climate finance: https://cdn.odi.org/media/documents/A_fair_share_of_climate_finance.pdf
Chapters:
00:00 Introduction
01:10 Background
02:55 COP27
06:13 Climate Reparations
08:48 Tax Big Oil
10:04 Pollution Levies
10:46 Cancel Debt
11:47 Conclusion
