At the 26th Conference of Parties (COP26) climate conference, there’s been a renewed call to have “climate finance” defined in such a way that keeps things like loans out of the picture. After all, “climate finance” is the funding put forward to help nations that need assistance to help them become greener, and if it includes (via ambiguity) such things as predatory loans or comes with strings attached, it discourages those we want to ENCOURAGE to adapt. Worse, it gives the loaning countries the expectation that what they “spend” on climate finance will actually come back to them, leaving less actual revenue put towards the effort than the manipulated numbers tell.
Then, we explore how financial desperation is fueling fear and ignorance globally, and how we are doomed to a dark age… unless we can succeed in bringing about a new enlightenment! All this and much more on TMI for Friday, November 12, 2021 – listen in for YOUR Cure for the Common Media.