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Raoul LeBlanc's avatar

The counterargument I hear most often is that "the poorest countries are most affected by climate change.. Therefore, every dollar focusing on climate change is effectively focusing on helping the poorest." I think there are two problems with this argument: 1) even if this were true, the time frame for alleviation of suffering is vastly different. Any beneficial impacts of mitigating climate change would not accrue to materiality until many decades into the future (50-100 years would be my non-scientific estimate), while benefits of better agriculture, health systems and economic development can be felt within 10-20 years. 2) I am not sure that poor countries are at greater risk if we consider the opportunity cost of climate spending. By trading it off in favor of other spending, there is likely a much larger net benefit. Again, this is related to the discount rate one uses.

But the acid test is probably in the ask of developed countries. While donors have the final say (as it is their funds), the voice of the grantee matters. If the choice was given to the developing countries to set the ratio of climate to non-climate spending of a finite pool of resources, I wonder what it would be?

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