An earlier version of this article was published by Foreign Policy in Focus. This adaptation was produced for the Observatory by Earth | Food | Life, a project of the Independent Media Institute. John Feffer is director of Foreign Policy In Focus and Global Just Transition at the Institute for Policy Studies.
Imagine you are a low-income country. You suffer from a heavy debt burden. You’ve been trying to catch up to the more affluent countries for decades, but you’ve been unsuccessful, mainly because of that debt hanging around your neck like a giant millstone. And you are spending more and more of your precious resources dealing with the effects of climate change, from rising waters to superstorms, a crisis…