Many grand promises have been made at previous climate summits, and few have seen actual follow-through from the global north. The climate fund is a good idea, in theory, but those promises are based on expected growth, and few onlookers, including journalists, seem to understand where ‘growth’ (yearly GDP percentage gains) comes from. That money is imaginary, which is what causes bubbles and crashes and the like. 🧵 |

· · 1 · 3 · 3