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Novara Media

Planet B: Debt

Novara Media

Novara Media

News, Society & Culture, Politics, Philosophy

4.81.5K Ratings

🗓️ 18 November 2021

⏱️ 64 minutes

🧾️ Download transcript

Summary

When we think about debt, we often think of money owed by countries in the Global South to institutions like the World Bank and IMF. But there is another kind of debt – the climate debt owed by the most polluting nations in the global north to those who have contributed the least to climate […]

Transcript

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0:00.0

The global community must accept

0:23.8

I wish I had to go, you got to go.

0:25.8

But that is within our power, we can say it.

0:27.8

To halt and reverse, claim it change.

0:30.8

We are the first message to go underwater if we don't stop for some fear.

0:34.8

We are a generation of scared people.

0:37.8

Maybe true, but very ambitious, very united, very persistent and very good at action.

0:46.8

When we don't act, people who look like me die.

0:49.8

We indeed have some work to do,

0:51.8

but some are more than others.

0:53.8

We are here to save this world.

0:56.8

We're here to tear down this world and build a new world.

1:09.8

Hello and welcome to the sixth episode of Planet B.

1:13.8

Everything Must Change, a podcast that explores the key pillars of a globally just green.

1:20.8

I'm your host, Harpreet Corpall.

1:24.8

And in this final episode, I'll be delving into an issue that underpins many of the themes we've discussed in this series.

1:33.8

Debt.

1:35.8

Debt is a vital part of climate stories everywhere.

1:39.8

It holds down existing inequalities between and within nations.

1:45.8

By letting those with economic and military might extract and accumulate wealth from those in distress.

1:54.8

It also determines who has the freedom to spend on what and for whose benefit.

2:02.8

We've seen throughout this series how our global financial system prevents some countries from developing the necessary infrastructures of mitigation and adaptation

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