Poor and Vulnerable Countries Need Support to Adapt to Climate Change
IMFMar 23, 2022
Report: Asia Contains 99 of the World's 100 Most Polluted Cities
The Spin
Narrative A
The early industrialization of Western nations has had devastating consequences for poorer countries in the developing world. Richer nations have a responsibility to finance the changes in infrastructure and protection desperately needed in Asia. The IMF has clearly laid out the severity of climate inequality — it is time that the US and UK, among others, started paying.
Narrative B
Despite the havoc it is playing globally, China has doubled down on its dependence on coal power. Over half of global air pollution is caused by China's coal mines, while a major part of the remaining share goes to another massive coal consumer — India. It looked very briefly like China was beginning to finally see sense when it launched its war on pollution in 2014, but those efforts have clearly tapered. There's no point in the West hampering itself economically for the sake of counteracting the refusal of these huge nations to progress environmental reform.
Nerd narrative
There's a 15% chance that the International Maritime Organization will permit more sulphur oxide pollution by 2030, according to the Metaculus prediction community.