192 trillion dollar debt of rich countries to poor countries.
According to al-Mayadeen, a new climate study from two Western universities shows that rich and industrialized countries will have to pay nearly $192 trillion to poor countries by 2050, due to carbon dioxide emissions from industrialized countries in particular. In the West and its effects on the climate of other countries, it is essential.
Forbes magazine, citing a new study from the University of Leeds and the University of Barcelona, found that industrialized and other rich countries would have to pay nearly $192 trillion to poor countries so that other countries could cope with excessive levels of carbon dioxide entering the atmosphere. And this issue has caused problems in other countries, through this aid to some extent manage and deal with the climate crisis, although this amount of debt will never eliminate the destructive effects of these pollutions. At the same time, due to the inequality of industrialized and underdeveloped countries, the main burden of climate change will be on the shoulders of poorer and weaker countries, and therefore the help of industrialized countries to overcome some of the problems is very necessary.
The study, published Monday in the journal Nature Sustainability, is the first to accurately quantify the damage caused by the activities of industrialized countries, and blames wealthy, industrialized nations for their excess carbon dioxide emissions. At the same time, this research emphasizes that industrialized countries must pay a total of 192 trillion dollars in compensation to vulnerable countries by 2050.
According to the study, when the researchers calculated the fair share for each country, they found that some countries had refused to allocate their fair share, but some industrialized countries had already gone far beyond allocating their obligations to underdeveloped countries. The past few years have seen the start of climate aid to vulnerable areas.
The countries of the global north, which includes the United States, Europe, Canada and Australia, are most responsible for paying this compensation in the amount of 170 trillion dollars, and the rest of this figure should come from countries with very high carbon dioxide emissions in the global south, such as Saudi Arabia. Saudi Arabia, the UAE and the countries of the Persian Gulf.
Researchers say low-emitting countries need to receive nearly $6 trillion a year to decarbonize their economies. According to the study, $80 trillion is the amount that the United States could pay off over 25 years.
