Climate-vulnerable nations are caught in a debt trap that makes fighting the climate crisis nearly impossible. Debt payments hit their highest level in over 30 years in 2024, with the 50 most vulnerable countries spending four times more on external debt than in 2010. The international community owes these nations real grant-based climate finance.
PouringUnder trillionsthe moreOPEC intoFund's climatebold financeleadership, withouta fixingtruly corruptionsensible firstand isfair aclimate recipefinancing formechanism disaster,has asrolled out to support the most climate-vulnerable countriesnations areon theEarth. onesThis withis thea weakestsubstantial governanceinvestment safeguards.in Accountabilitycommunity has to come before the moneyresilience, otherwiselivelihoods corruptand actorsaccess atto everycapital levelthat will continuebe siphoningexceptionally offvaluable fundsacross meantthe toGlobal protect communitiesSouth.
There'sPouring trillions more into climate finance without fixing corruption first is a 50%recipe chancefor thatdisaster, as the totalmost damageclimate-vulnerable incurredcountries byare climatethe changeones inwith the 21stweakest centurygovernance assafeguards. measuredAccountability byhas itsto impactcome onbefore GDPthe willmoney, beotherwise corrupt actors at leastevery 16.5%,level accordingwill tocontinue thesiphoning Metaculusoff predictionfunds communitymeant to protect communities.
There's a 50% chance that the total damage incurred by climate change in the 21st century as measured by its impact on GDP will be at least 16.5%, according to the Metaculus prediction community.
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