A radical idea to fund climate adaptation globally
Those facing disproportionate amounts of climate change impacts are in low-income and developing countries in the Global South that are historically least responsible for the emissions causing these climate changes. But they lack the resources to fund adaptation projects that will help them survive these impacts. Hence, the need for a new system that gives companies the opportunity to privately fund climate adaptation measures, in order to recompense their historical emissions and the damage that these emissions have caused.