A paltry 14 percent of climate finance is going to the least developed nations and just 2 percent to small island developing states, which have done least to cause the climate crisis but are being hit hardest. Climate finance provided and mobilised by developed countries for developing countries totalled USD 78.9 billion in 2018, up… Continue reading Too much climate finance given as loans force poorer nations into debt
Tag: Debt
State uses all power to curb environmental and social movements: David Graeber
On the passing of David Graeber; ground breaking writer and anarchist anthropologist, Jason Kirkpatrick recollects the interview he did in 2012 and reflects on his Berlin visit Influential academic David Graeber had been invited to Berlin to present his new book Debt: The First 5,000 Years, by current German President Frank-Walter Steinmeier who at the time… Continue reading State uses all power to curb environmental and social movements: David Graeber
Commodity-dependent developing countries face risk of economic crisis
Many commodity-dependent economies in Africa and Latin America will likely face an economic crisis before they are directly hit by the pandemic, which will further limit their ability to handle a health crisis, according to a policy brief released by the UN Department of Economic and Social Affairs . The brief warns that action is… Continue reading Commodity-dependent developing countries face risk of economic crisis