Die Hilfe beruhte oft auf einer unscharfen Buchführung, wobei die Finanzierung von Flughäfen, Hotels und sogar Eisdielen als Klimafinanzierung gezählt wurde.
How climate finance to help poor countries became a global shell game
Die Hilfe beruhte oft auf einer unscharfen Buchführung, wobei die Finanzierung von Flughäfen, Hotels und sogar Eisdielen als Klimafinanzierung gezählt wurde.
How climate finance to help poor countries became a global shell game
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Due to colonialism and imperialism, developed countries should send aid to developing countries until average income adjusted for PPP equalizes.
Summary: Developed countries have pledged billions of dollars a year to help ecologically vulnerable nations like Jamaica, Cuba and the Philippines, recently [hit by a typhoon](https://www.bbc.com/news/articles/cq509yj82y8o), adapt to rising seas and stronger storms and rebuild after disasters [worsened by climate change](https://science.nasa.gov/earth/climate-change/a-force-of-nature-hurricanes-in-a-changing-climate/). But if the world is pouring billions into climate finance, why are developing countries still struggling with recovery costs?
Shannon Gibson at USC Dornsife studies the dynamics of global [environmental and climate politics](https://dornsife.usc.edu/profile/shannon-gibson/), including the United Nations climate negotiations, and her [lab has](https://www.gcjlab.com/) been following the climate money. She writes that the world’s climate finance so far has rested on a shaky foundation of fuzzy accounting, one where funding for airports, hotels and even ice cream stores is being counted as climate finance.