Who Pays the Bill for Climate Change?

<p>Last month at COP27, the U.N. climate change conference, a yearslong campaign ended in an agreement. The rich nations of the world — the ones primarily responsible for the emissions that have caused climate change — agreed to pay into a fund to help poorer nations that bear the brunt of its effects. </p><p>In the background, however, an even more meaningful plan was taking shape, led by the tiny island nation of Barbados. </p><p>Guest: <a href="https://www.nytimes.com/by/david-gelles?smid=pc-thedaily">David Gelles</a>, a climate correspondent for The New York Times.</p><p>Background reading: </p><ul><li>As global warming delivers cascading weather disasters, leaders at U.N. climate talks said it’s time to<a href="https://www.nytimes.com/2022/11/09/climate/imf-world-bank-climate-cop27.html"> radically overhaul the World Bank and International Monetary Fund</a>.</li></ul><p>For more information on today’s episode, visit <a href="http://nytimes.com/thedaily?smid=pc-thedaily">nytimes.com/thedaily</a>. Transcripts of each episode will be made available by the next workday. </p>