Are developed countries pulling their weight in the climate crisis?
The United Nations General Assembly is meeting this week, and climate change is high on the docket. More than a decade ago, the U.S. and other developed countries pledged to gather $100 billion annually by 2020 to assist in climate adaptation and resilience for developing countries. Despite bearing most of the responsibility for emissions and having the most resources to adapt, pledge countries are falling short of their promised amounts. Also on today’s program, we’ll examine London’s financial services post-Brexit, how disaster aid became coupled with budget bills and why you should care about the Fed’s tapering of bond-buying.