The global philosopher: Who should pay for climate change?

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Magazine

The global philosopher: Who should pay for climate change?

 

I came across this article last semester during the period I took the environmental philosophy class. The instructor thought us about global warming and gave us the causes of it, but allowed us to make the decision about who should be held responsible for global warming

The first question in my mind was where will the money come from? Many worry that it will come from existing foreign aid budgets. And that is exactly what happened when the UK created the adaptation-oriented International Climate Fund with money transferred from existing aid commitments.

The sad truth is that the poorest countries on the planet will be hit first and hardest by climate change. In the last decade, it is poor counties like Honduras, Myanmar, Nicaragua and Bangladesh and Thailand that have been most battered by the climate storm.

The article at the beginning picked a stand, by blaming the developed countries.

We have been pumping greenhouse gases into the atmosphere in ever increasing quantities since the industrial revolution. Some countries in the developed world are, of course, responsible for the bulk of this. Since 1850 the US and the nations which are now the EU have been responsible for more than 50% of the world’s carbon dioxide (CO2) emissions….

 

Much needs to be worked out both on a national and international level. Who should dispense the money? What formula should govern the funds disbursement (i.e., what percentage of the costs should the national or international fund cover)? How do we assess the actual damages? Are funds available to cover only the costs of climate-induced natural disasters or for broader natural disasters such as earthquakes and volcanoes?

This conversation in the article was hard and loud, making the developed country look guilty of their actions.  Although the underdeveloped countries should have a part to play either small or big because they also contributed some amount to the issue at hand.

# blog 3

|@binasandra

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