The Climate Finance Deal, the Military and Doge At Cop29

credit: reporter-times

The deal reached at COP29 in Baku for a $300 billion investment for climate change finance for developing countries reflects a zero-sum game of donor funds.

The International Chamber of Commerce has estimated that extreme weather events cost the global economy also around $2 trillion.

The case for redirecting even a small portion of savings from military expenditures to climate finance is quite robust, argues Oxford political scientist Neta Crawford.

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