UN General Assembly
2022

Furthermore, those that are mainly to blame for greenhouse gas emissions are now asking each country to chase the illusion of decarbonization by 2050, without considering the past responsibilities of developed countries or the capabilities and limitations of developing countries, for whom access to the latest clean technologies is out of reach. Perhaps the historic climate debtors want us all to be concerned only about the future so as to avoid, in the present, talking about the unfulfilled promises that were made to developing countries on funding, technology transfer and capacity-building. The recent flooding in Pakistan, to whose people we offer our solidarity, serves as the most vivid and tangible example of the high human and material cost of the loss and damage caused by centuries of poor capitalist development. Today, more than ever before, it is clear that we need a specific financial mechanism that is based on solidarity, and not on profit-seeking, to address the losses and damage caused by the climate crisis in countries engaged in intense development of their productive forces.