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Activists demonstrate for the Loss and Damage Fund, which provides a flow of money from rich to less rich nations to address the impacts of climate change.

Peter Dejong/AP


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Peter Dejong/AP


Activists demonstrate for the Loss and Damage Fund, which provides a flow of money from rich to less rich nations to address the impacts of climate change.

Peter Dejong/AP

For years, rich nations have sent money to lower-income countries to help deal with the impacts of climate change. But it turns out, these wealthy nations are finding creative ways to funnel some of that financing back into their own economies. Today, we look at how the climate crisis is reviving a debate over how money should flow from rich to less-rich nations.

Related episodes:
A countdown to climate action (Apple / Spotify)
Gambling, literally, on climate change (Apple / Spotify)
Blue bonds: A market solution to the climate crisis? (Apple / Spotify)
Why a debt tsunami is coming for the global economy (Apple / Spotify)

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