Brazil’s right-wing populist president Jair Bolsonaro despises public health guidelines and insists that blockages and restrictions on mobility will be a greater threat to the country’s weak economy. Brazil currently has one of the highest casualties in the world and its economy is irritated.
The long-running global battle for intellectual property rights over medicines runs parallel to climate action, with the Paris Climate Agreement explicitly calling for technology transfer to develop clean energy infrastructure. Developing countries have long said they cannot cope with the effects of climate change if the rich world does not share money and technology, and this problem is only exacerbated by the economic collapse caused by the pandemic and unfair access to vaccines.
Last but not least, the effects of global warming are uneven, hurting the poorest people in poor countries the most.
“If this is the way rich countries behave in a global crisis – where they take care of their own needs first, take care of companies, do not recognize that this is an opportunity to stretch and demonstrate solidarity – then there is no good clue. how they will behave in the face of other global crises, such as the climate crisis, where poorer countries will bear the brunt, ”said Tasnim Esop, a former South African civil servant who is now executive director of climate action. , advocacy group.
Money is the basis of mistrust.
The Biden administration has promised to double grants and loans to developing countries to $ 5.7 billion a year, a goal considered insufficient and lagging behind the promises of other rich industrialized nations, especially in Europe. Many low- and middle-income countries carry so much debt, saying they have nothing left to re-equip their economies for the climate era. In addition, the rich world has not yet fulfilled its promise to raise $ 100 billion a year that could be used for green projects, whether solar farms or mangrove reforestation.
“In both cases, it’s about readiness to redistribute resources,” said Rohingy Pande, an economist at Yale University.