Investing
For Latin America, climate reparations hinge on Brazil’s Amazon progress
Published:
Last Updated:
(Michael Molinski is a senior economist at Trendline Economics. He’s worked for Fidelity, Charles Schwab and Wells Fargo, and previously as a foreign correspondent and editor for Bloomberg News and MarketWatch.)
BOGOTA, Colombia (Callaway Climate Insights) — The ink is not yet dry on COP27’s historic climate agreement, and already a chorus of voices from Latin America are questioning the promises and the validity of what was actually decided upon in Egypt over the past few weeks.
The main accomplishment at the U.N.’s climate change convention was the creation of a fund for “loss and damage” to directly help those countries damaged by severe weather, high temperatures and sea level rise.
Most Latin Americans have been saying that it’s about time that developed countries pay for the damages they have done to the environment for decades…
Subscribe to Callaway Climate Insights to keep reading this post and get 7 days of free access to the full post archives.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
