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Repurposing Environmentally Harmful Subsidies Could Help Address Climate Change | Detox Development
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Video - Detox Development: Repurposing Environmentally Harmful Subsidies
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Trillions of dollars are wasted on subsidies for agriculture, fishing and fossil fuels that could be used to help address climate change instead of harming people and the planet. Discover the powerful insights of the World Bank's latest report, 'Detox Development: Repurposing Environmentally Harmful Subsidies.' Get a concise understanding of the impact of these subsidies on global climate and how we can transform them into solutions for a sustainable future. Unveil the hidden facts about harmful practices exacerbating climate change and their true cost to our planet. It's not just about the money, it's about the survival of our environment and humanity. Learn more: http://wrld.bg/WJRB50OPMsG 0:00 Trillions of dollars are wasted on harmful subsidies 0:14 Explicit versus implicit subsidies 0:24 Agriculture, fossil fuel, and fishery subsidies 0:44 Agriculture subsidies 1:21 Fossil fuel subsidies 1:47 What can be done to fix the problem? ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org
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Trillions of dollars are wasted on subsidies for agriculture, fishing and fossil fuels that could be used to help address climate change instead of harming people and the planet. Discover the powerful insights of the World Bank's latest report, "Detox Development: Repurposing Environmentally Harmful Subsidies". Get a concise understanding of the impact of these subsidies on global climate and how we can transform them into solutions for a sustainable future. Unveil the hidden facts about harmful practices exacerbating climate change and their true cost to our planet. It's not just about the money, it's about the survival of our environment and humanity.
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