Green Markets Put World’s Poor at Mercy of Higher Funding Costs
Rich nations aren’t delivering on funds needed to help climate-vulnerable countries deal with climate change, so they’ll have to rely on the goodwill of private investors
Bhutan's capital Thimphu.
Photographer: Arun Sankar/AFP/Getty ImagesThis article is for subscribers only.
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From up high in the eastern Himalayas, Bhutan is one of the only countries that can say it’s doing more to cool the planet than warm it. But the nation of fewer than 1 million people, dotted with lush mountains that absorb heat-trapping carbon dioxide, isn’t rewarded for its low emissions or shielded from the devastating effects of climate change.