Wall Street's Climate Finance Bonanza

Redman, Janet; Tricarico, Antonio
April 2013
Foreign Policy in Focus;4/10/2013, p1
The article contends that Washington is again hijacking the debate about how to support the global transition to a low-carbon, climate-resilient economy, and keeping the public, the press and even developing countries out of the conversation. Washington is allegedly repeating the same story that rich governments are broke and, thus, has to call in the private sector to fund climate change solutions. Developed countries are reportedly urged to act now, by slashing subsidies for fossil fuels.


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