140+ Experts to Rich Nations: Redirect Trillions in Public Money to Curb Climate, Inequality Crises

Stopping climate breakdown is not rocket science,” said one scholar. “Governments need to stop subsidizing fossil fuel companies; international banks need to cancel the external debts of Global South countries; and we need to tax extreme wealth.”

Jun 19, 2023
More than 140 economists and policy experts on Monday published an open letter calling on the leaders of rich countries to combat the life-threatening crises of climate change and inequality through the downward redistribution of trillions of dollars in public money.