Money is still the elephant in the room when it comes to climate change
We need a lot of money to adapt to climate change and reduce emissions.
What will it take to finally get decisive climate action done? Well, on the one hand, more ambitious climate pledges from governments. But on the other hand, and perhaps even more important aspect, is money. Research shows that in the long run, climate investments can save money and create jobs — but you have to put the money down.
Image credit: Flickr / Ivan Radic
Developed countries have a historical responsibility over climate change, as their economies were the ones to develop faster and consequently trigger the global rise in emissions we see now; they basically got developed in the first place by burning a lot of fossil fuel (some more than others).