Day: November 22, 2022

The Tyranny of Inertia

“55 vulnerable countries estimated their combined climate-linked losses over the last two decades totalled $525 billion, or 20% of their collective GDP. Some research suggests that by 2030 such losses could reach $580 billion per year.” Read those numbers again—they are astonishing (a fifth of GDP!) and there is no doubt where justice lies: the […]

Deglobalization Is a Climate Threat | by Raghuram G. Rajan – Project Syndicate

Globalization may have fallen out of favor in recent years, but preserving it is an environmental imperative. Effective, coordinated responses to climate change are being set back by the shrinkage of cross-border trade and investment flows, and by the accompanying rise of isolated regional trading blocs.

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