PARIS: Climate change driven by rich countries will cause mortality among poor nations to skyrocket, Nobel prize winning economist Esther Duflo warned in an interview, calling for a global tax. The continuing impact of the changing climate will result in 73 more deaths per 100,000 people by the end of the century, said Duflo, who specialises in issues of poverty at the College de France and Massachusetts Institute of Technology. Changing climate will result in 73 more deaths per 100,000 people by the end of the century. Countries have never, for example, respected their pledges of $100 billion each year toward a climate transition fund for poor countries and haven’t found the funding to support a loss and damages scheme announced during the COP27 summit in Egypt. Speaking ahead of a global summit in Paris on Thursday and Friday that aims to reimagine the global financial system to take better account of climate change, Duflo expressed doubt any concrete commitments would be taken.
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