Current:Home > MyA climate summit theme: How much should wealthy countries pay to help poorer ones? -Blueprint Wealth Network
A climate summit theme: How much should wealthy countries pay to help poorer ones?
View
Date:2025-04-24 12:53:53
GLASGOW, Scotland — The U.N. climate summit in Glasgow is scheduled to wrap up on Friday.
Negotiators have released a draft agreement that calls on countries to speed up cuts in carbon emissions. Wealthy countries have historically contributed the most greenhouse gases to the atmosphere.
One of the biggest outstanding issues is how much wealthy countries should pay to help poorer ones work towards building lower-carbon economies and adapt to some of the damage they've already suffered from climate change. NPR sat down this week with Achim Steiner, head of the United Nations Development Programme, to talk through the problem.
This interview has been edited and condensed.
Many people from these countries are really looking for help from the developed world. What's the background?
One main issue really in Glasgow is: Are we able to frame a co-investment pact here? The richer countries have already for years promised $100 billion a year as contributions towards hundreds of billions of dollars developing countries will have to invest in their energy systems. Almost 11 years after the promise was first made in the Copenhagen climate conference, it still hasn't been met. So, for developing countries, there is a growing sense of not only frustration, but a lack of trust. We are constantly being asked as developing nations to make higher commitments, and yet we see only limited progress in developed countries.
Why is that?
I think because we underestimate, first of all, what an immense effort developing countries have to undertake. Secondly, it's always difficult to take money that you would spend on yourself and invest it in someone else.
How much of this comes down to domestic political decisions in these developed rich nations?
Well, ironically, virtually everything that is being negotiated here comes down to national political dynamics, and this is where political leadership is really called for. Because if we simply decide the future of the world in terms of what my price per gallon of fuel is or how much electricity I'm being charged for, you essentially have a recipe for paralysis and for disaster.
Give me a sense of what it's like inside the negotiating room. Do you have developing nations lobbying very hard? What are the developed nations saying?
This is the "nerdier" part of the work, which is negotiating the details. How do we hold each other accountable? How do we create transparency? What are the baselines against which you measure the commitments of a country and how it is actually fulfilling them? That is often, I think, for the public difficult to appreciate. But without that, we don't have the transparency that allows us to have confidence in one another.
In terms of funding from the developed world to the developing world, can't that be measured by actually how much finance comes in?
You'd think so.
If you told me you were going to give me 10 bucks and 10 bucks didn't come in, you didn't fulfill your pledge.
Yeah, but the question is, do the 10 bucks come from your government sending you a check? Does it come through your bank where you have to borrow, maybe at a lower interest rate? Is it a grant?
That sounds very messy.
That's why it has been a struggle.
If developing countries did not get what they consider at least sufficient for now, what would be the implications and the stakes of that?
Some countries would simply revert back to saying, "Well, never mind, we'll just do business as usual."
And we'll just keep polluting as much as we want.
Exactly, because we've given up and we don't have the means to do something about it.
NPR's London Producer Jessica Beck contributed to this report.
This story originally appeared on the Morning Edition live blog.
veryGood! (81458)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Texas Gov. Greg Abbott defies Biden administration threat to sue over floating border barriers
- Why Saving the Whales Means Saving Ourselves
- Kate Spade 24-Hour Flash Deal: Get This $400 Shoulder Bag for Just $95
- A South Texas lawmaker’s 15
- Make Sure You Never Lose Your Favorite Photos and Save 58% On the Picture Keeper Connect
- Earth Could Warm 3 Degrees if Nations Keep Building Coal Plants, New Research Warns
- Glee's Kevin McHale Recalls His & Naya Rivera's Shock After Cory Monteith's Tragic Death
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Landowners Fear Injection of Fracking Waste Threatens Aquifers in West Texas
Ranking
- Federal hiring is about to get the Trump treatment
- Derailed Train in Ohio Carried Chemical Used to Make PVC, ‘the Worst’ of the Plastics
- Karlie Kloss Gives Birth, Welcomes Baby No. 2 With Husband Joshua Kushner
- Pittsburgh Selects Sustainable Startups Among a New Crop of Innovative Businesses
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- New Study Reveals Arctic Ice, Tracked Both Above and Below, Is Freezing Later
- Save 44% On the Too Faced Better Than Sex Mascara and Everyone Will Wonder if You Got Lash Extensions
- Arrest Made in Connection to Robert De Niro's Grandson Leandro's Death
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Appeals court halts order barring Biden administration communications with social media companies
Scientists Examine Dangerous Global Warming ‘Accelerators’
Study Documents a Halt to Deforestation in Brazil’s Atlantic Forest After Indigenous Communities Gain Title to Their Territories
Intellectuals vs. The Internet
Mono Lake Tribe Seeks to Assert Its Water Rights in Call For Emergency Halt of Water Diversions to Los Angeles
Can the New High Seas Treaty Help Limit Global Warming?
Amazon Prime Day 2023 Extended Deal: Get This Top-Rated Jumpsuit for Just $31