NYTimes: Who pays for climate havoc?
One of the unfortunate realities of climate change is that it disproportionately hurts people and countries who contribute very little to the actual problem. As such, international organizations, such as the World Bank have policies in place to help these countries recover. However, these vulnerable countries are now saying that many of these policies trap them in debt when dealing with the recovery process. One of the main issues is that the World Bank primarily considers income when determining low-interest loan eligibility, although experts now call for the inclusion of climate event susceptibility in these eligibility conversations to make them more equitable. To read the full article, click here. To read more about climate change, click here.