Compensating for climate damage
Hurricanes, floods, and drought. These extreme weather events are hitting the world's poorer countries more and more often due to climate change - much of which is caused by richer countries. But in the future, developing countries will receive compensation for this damage. Work is under way to set up a worldwide fund to provide financial assistance. It's called the "loss and damage" fund and was agreed upon at the latest UN climate conference, COP27. In this episode, we look at what it will take to implement this agreement. How can countries such as those in the Nordics ensure the money needed for the fund is raised? And what role will climate activists and civil society play in making it happen? This episode comes from a Nordic Talks event held in Copenhagen and arranged by Oxfam IBIS, the Danish member of Oxfam International.