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Showing posts with the label “World Bank”

Climate Change, Capitalism, and Post-Capitalist Futures

Highlights from Jason Hickel 1)  Compensation for atmospheric appropriation .  This is my top highlight. We show that rich countries have already dramatically exceeded their fair-shares of the carbon budget for 1.5 ° C and 2 ° C and are rapidly appropriating the fair-shares of others, forcing them to mitigate faster than would otherwise be required. In a scenario where all countries aim for zero emissions by 2050, rich countries will owe $192 trillion to global South countries in compensation for atmospheric appropriation. In  Nature Sustainability . 2)  Climate change and racial justice .  Rich countries and elites are overwhelmingly responsible for excess emissions, but communities in the global South—and Indigenous and racially minoritized groups within nations—face a disproportionate burden of illness and mortality due to climate change. The climate crisis is a process of atmospheric colonization, and the consequences are playing out along colonial lines. Ma...

Crimes Against Nature: Is There an Alternative?

 A very good approach! And in case one has not realised yet that the IMF and the World Bank impose policies with “criminal outcomes” – the words are Eric Toussaint’s and Damien Millet’s – this is a must read . The difference is that the crime here is part of a long destruction of nature for profit and capital accumulation. Related Crimes Against Nature Building in wood

Build Back Better for Whom?

 A very good piece. “Better?” I say, in a small voice. How can he think this is better? “Better never means better for everyone,” he says. “It always means worse, for some.”   – Margaret Atwood,  The Handmaid’s Tale (Re)creating disaster risks