Model of Financing Fight against Climate Change CRITICIZED

by Cristian Florescu

Speaking at the United Nations Climate Change Conference in Glasgow, Albanian Prime Minister, Edi Rama, has criticized developed countries for being the biggest climate polluters while at the same time failing to assist small, low-income countries in their struggle to face the devastating results of climate change.

He argued that assistance towards these countries to fight climate change often comes in the form of “endless studies and strategies which impact far less than it costs to pay people from rich countries to draft them. ”The prime minister called on the G20 to help small countries with grants that empower investments, instead of loans that increase their debts.

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