The topic in Something to Think About is “Solar for Everyone!” We are getting close to the 2015 United Nations Climate Change Conference in Paris, from November 30 to December 11. President Obama has been positioning the U.S. as a leader in the fight against climate change with a number of new proposed regulations, including the restrictions on coal-fired power plants.
Other rich countries and development organizations are scrambling to join the fashionable ranks of climate aid donors—including an increase in funding from the World Bank. The funding initiative started six years ago, at the Copenhagen climate summit, when developed nations made a promise to spend $100 billion a year on climate finance for the world’s poor by 2020. What is climate funding and why is it targeting the world’s poor? Is climate funding the highest priority for the world’s poor? Is this how rich nations can help the most?
