“Switzerland, one of the world’s richest nations, has an ambitious climate goal: It promises to cut its greenhouse gas emissions in half by 2030. But the Swiss don’t intend to reduce emissions by that much within their own borders. Instead, the European country is dipping into its sizable coffers to pay poorer nations, like Ghana or Dominica, to reduce emissions there — and give Switzerland credit for it.” NYT (Gift Article): Switzerland Is Paying Poorer Nations to Cut Emissions on Its Behalf.

+ “Pakistan cooked under a deadly heat wave that climate change made 30 times more likely, according to the World Meteorological Organization. Now it is reeling from the aftermath of the worst floods in living memory. The South Asian country is responsible for less than 1% of the world’s planet-warming emissions, but it is paying a heavy price. And there are many other countries like it around the world. Loss and damage will be center stage at COP27 in Sharm el-Sheikh, Egypt, this year, as low-emitting countries inundated with floods or watching their islands sink into the ocean are demanding that developed, high-emissions countries pay up for this damage.” This has quickly become the key issue at COP27 – and the most difficult to resolve.