CelloMomOnCars ,
@CelloMomOnCars@mastodon.social avatar

Stiglitz "said rich countries should support the creation of $300bn of special drawing rights (SDRs) each year to finance a global green transition."

But the devil is in the details: if this money comes in the shape of high interest loans that's not helping developing countries, that's loansharking.

https://www.theguardian.com/environment/2023/oct/13/poorest-countries-should-get-300bn-a-year-to-fight-climate-crisis-says-joseph-stiglitz

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