Article 4RTF5 Why the world needs an IMF for the climate crisis | Keston K Perry

Why the world needs an IMF for the climate crisis | Keston K Perry

by
Keston K Perry
from Economics | The Guardian on (#4RTF5)

Just like after 1945, a new dawn of international bodies is required - this time to protect and empower the global south

Human civilisation is facing a crisis on a scale that we have not seen since the second world war. We must finally respond in a way that meets this immense challenge.

The climate crisis is of our own creation, particularly that of the richest countries whose development has been based on exploiting natural resources without end. The casualties are piling up - some countries and entire communities, in particular island nations, are the most exposed and least prepared: after Hurricane Dorian, we have all seen the devastation in the Bahamas.

The World Bank, the IMF and the UN have ultimately exacerbated the climate crisis

Related: As the climate collapses, we can either stand together - or perish alone | Tim Hollo

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