Category: International

COP27: Show Marginalized Countries the Money

Globally, as much as $3.8 trillion must be invested every year to hold back global warming, write Peter Schlosser and Michael Dorsey. For comparison, the IMF says $5.9 trillion was spent on fossil-fuel subsidies, in total, in 2020. 

COP27: Corporate Courts Versus Developing World

As rich countries move away from dispute-settlement mechanisms that give corporations power to block environmental protections, Manuel Pérez-Rocha says they keep imposing them on developing countries through trade pacts.