Meet the woman who may revamp climate finance for vulnerable nations

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Barbados' Mia Mottley is pushing for change at the World Bank and IMF, among others.

at 2021's COP26 conference in Glasgow, is now spearheading a push for global institutions to finally meet the challenges of environmental degradation., or another like it may help avert the suffering of billions in the developing world, who are acutely vulnerable to a changing climate.

For example, in 2009, rich countries pledged to provide $100 billion annually in climate aid to developing nations by 2020. This figure, viewed by many countries as a minimum, has not been met. Domestically, Mottley has pioneered the use of loan disaster clauses, which allow for a temporary suspension of payments following an extreme weather or climate event.

 

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Ah more ESG grifting.

Climate finance is a made up thing. So there’s that I guess.

You misspelled “socialism.”

Yes…Barbados is where all the important people come from. I’m sure her bank account has swelled.

And make more of a grift?

😂

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