Rich Nations Cheat Poor Nations On Climate

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that a new Oxfam and CARE study accuses rich nations of worsening the global debt crisis by providing climate aid as high-interest loans rather than grants.
McIntyre highlights that while these funds are meant to support vulnerable nations battling climate disasters, most of the money circulates back to donor countries, leaving poorer nations financially trapped and unprepared for future crises.