Climate Reparations - What Is Owed?

Special guests Dr. Jeffrey Sachs and Dr. Lisa Dale of Columbia University are joined by Paul Beckwith and Regina Valdez at COP27 in Sharm El-Sheikh, Egypt, to discuss the topic of climate reparations.

The world’s industrialized countries gained their wealth through the burning of fossil fuels, which has heated the world to 1.2°C above pre industrial levels, letting loose a tsunami of climate impacts. These impacts are felt by those nations that have contributed the least to warming the planet. Wealthy countries committed to financially assisting the nations they have put in danger have failed to meet their commitments they promised just last year in Glasgow.

A report from the UN Environment Program estimates countries in the global north need to give 10 times more than prior commitments, 200 billion a year, and by 2030, 300 billion a year. Absent this, countries in the global south will face untold suffering in the form of continued climate catastrophes, climate migration, starvation, and death. With the world set to warm 2 to 3°C in the next 80 years, we aimed to discuss climate, reparations, what is owed, and to whom?

This video was recorded on November 10th, 2022 and published on November 27th, 2022.

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Acknowledgement

We’d like to acknowledge these two organization without which our attendance at COP27 would not have been possible.

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