How Debt Relief Can Help Developing Countries Go Green
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Blue Bonds for a greener ocean.
At this year’s United Nations climate change conference in Glasgow, Scotland, developing countries were clear: Wealthier nations need to do more to help finance the world’s movement away from fossil fuels. Their argument is gaining traction. Debt is holding countries back from adapting to climate change.
Leading off this episode of Heat of the Moment, we hear from Mamadou Honadia, one of the lead climate negotiators for Burkina Faso, who shares how his country’s response to the climate crisis has been stymied by debt. We then hear from Julie Robinson, program director of the Nature Conservancy in Belize, on an innovative new debt-restructuring program called a Blue Bonds program, which will help Belize protect its oceans and reduce carbon dioxide emissions.
About Heat of the Moment: The climate change crisis can feel so formidable, so daunting, that instead of mobilizing people to action, it engenders paralysis. What could we mortals possibly do to prevent the calamity? A fair bit, it turns out. On Heat of the Moment, a 10-part podcast by FP Studios, in partnership with the Climate Investment Funds, we focus on ordinary people across the globe who have found ways to fight back. Hosted by CNN contributor John D. Sutter, Heat of the Moment tells the stories of the people on the front lines of the fight against climate change. See All Episodes
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More Heat of the Moment episodes:
Building a Life-Giving Economy
A conversation with climate writer and podcaster Katherine Wilkinson.
Why Saving Forests Involves Rethinking Jobs
And how to bolster better paying jobs in the global south while confronting the climate crisis.
Seeking Justice in Cancer Alley
Heat of the Moment heads south to the U.S. Gulf Coast, an area with a long history of fossil fuel extraction and the health problems that come with it.
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