1st September 2025
Climate change adaptation and mitigation can be expensive in terms of upfront investment. Overtime that investment will protect life and well being, enabling communities and economies to survive and flourish. Such expenditure will also be far less than the costs that would be incurred if no action were taken and the climate crisis were allowed to spiral out of control.
Unless governments and international organisations take responsibility for this, the poor and most vulnerable are going to suffer the most. In the UK the poorest members of our population are typically those with poorly insulated homes, those least able to replace household equipment with low energy models, those with least access to cooling green spaces, those least able to afford food as prices accelerate etc.
Globally it is the poorest and least developed counties who are suffering the harshest impact of climate change, and they are the least able to afford the costs of mitigation and adaptation. Often these countries are heavily indebted to richer countries or institutions and spend far more of their annual budgets on interest on these loans than they can on improving living standards through public health infrastructure, eduction, and medical care.
This is why many charitable organisations are calling for both debt relief and debt cancellation for these countries and for substantial grants from the wealthier nations to enable these vulnerable countries both to adapt and mitigate vis a vis climate change and, as needed, to pay for reconstruction when extreme weather events and other climate events have inflicted disaster on these countries.
The Green Tau 