This year at COP26 in Glasgow, developing countries were clear: wealthier countries need to do more to help finance the world’s movement away from fossil fuels. And their argument is gaining traction: debt is holding countries back from adapting to climate change.
Leading off this episode of Heat of the Moment, we hear from Mamadou Honadia, one of the lead climate negotiators for Burkina Faso, who shares how his country's response to the climate crisis has been stymied by debt. We then hear from Julie Robinson, Program Director from the Nature Conservancy, on an innovative new debt restructuring program called a Blue Bonds program which will help Belize protect its oceans and reduce CO2 emissions.
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