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Climate damage: How and why rich countries should pay up

The people and industries of the world's richest countries have done the most to heat the planet. But they're terrified of being held liable for extreme weather they've made more violent. Meanwhile, the poorest can't afford to pay for the consequences of other people's pollution. So should the rich world be paying climate reparations – and what's the best way to do so? Credits Reporter: Ajit Niranjan Video Editor: Markus Mörtz Supervising editor: Kiyo Dörrer & Joanna Gottschalk We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess. #PlanetA #ClimateReparations #ClimateDamage Read more: COP27 agreement on loss and damage payments: https://unfccc.int/sites/default/file... Historical CO2 emissions since 1850 from fossil fuels, cement and land use change: https://www.carbonbrief.org/analysis-... Pakistan floods weather attribution study: https://www.worldweatherattribution.o... Progress toward the $100 billion pledge: https://www.oecd-ilibrary.org/finance... Fair shares of climate finance: https://cdn.odi.org/media/documents/A... Chapters: 00:00 Introduction 01:10 Background 02:55 COP27 06:13 Climate Reparations 08:48 Tax Big Oil 10:04 Pollution Levies 10:46 Cancel Debt 11:47 Conclusion