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Drought is a growing problem, but many countries lack the means to cushion the impact of global warming (Photo: Caritas Africa/Zambia)

Debt crisis undermines climate action in the Global South, report finds

Even as investment in, and the deployment of, clean energy, electric vehicles and electric heating in wealthy nations are beating the International Energy Agency's expectations by a large margin, a large proportion of the world is at risk of falling behind due to an escalating debt burden.

The UN estimates that developing and emerging economies (a group of 100 countries excluding China) need annual investme...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Drought is a growing problem, but many countries lack the means to cushion the impact of global warming (Photo: Caritas Africa/Zambia)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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