Who Will Pay For The Damage From Climate Change?

To people in developing countries, it seems clear, the wealthy countries that caused most of the problem of climate change should pay the most to adapt to it and to solve the problem.  But instead, countries like the United States lecture low low-emitting countries to do more while they extract their resources and destroy their forests.

For example, Nicaragua was an outspoken critic of the Paris climate talks because they did not go far enough. It is one of the countries most impacted by climate change, yet its own greenhouse gas footprint is one of the smallest.  Nicaragua initially insisted that the Paris Accord did not reduce emissions enough (a position that was later adopted by a majority of countries and the IPCC).  Dr. Paul Oquist, Nicaraguan Minister and envoy to the talks, insisted in Paris that developing countries should receive the billions of dollars promised by the big greenhouse gas emitters to pay for greenhouse gas mitigation programs.