Global North would owe South $170 trillion for overshooting carbon budgets -researchers

Published 00:27 on June 6, 2023  /  Last updated at 00:27 on June 6, 2023  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, Other APAC, South & Central, US

Researchers have proposed a solution for financing climate change mitigation by assigning financial responsibilities to nations based “rigorous ethical criteria”, and have calculated that through this approach the Global North would owe the Global South around $170 trillion.
Researchers have proposed a solution for financing climate change mitigation by assigning financial responsibilities to nations based “rigorous ethical criteria”, and have calculated that through this approach the Global North would owe the Global South around $170 trillion.


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