Switzerland pays poorer countries to cut emissions for it

Switzerland pays poorer countries to cut emissions for it

For example, the Swiss initially aimed to invest in making public buildings in Georgia more energy efficient. But Georgia was already planning this modernization. That meant Switzerland would have to get credit for emissions cuts that would have happened anyway, he said. Georgia would then have to undertake more complex or expensive projects in order to achieve its goals later, while in effect crediting the Swiss with an easier job.

Rich countries like Switzerland have an obligation to help developing countries without asking for anything in return, says Jade Begay, director of climate justice at NDN Collective, an indigenous-led social and environmental organization based in Rapid City, SD.

A rule that allows such deals is “dangerous,” Ms. Begay said, because it allows richer countries “to continue polluting and continue business as usual, which is the root of the problem.”

Misha Klassen, director of the Swiss KliK Foundation, a non-profit organization in Switzerland, said that Switzerland is now planning to finance more ambitious policies in Georgia, such as investing in energy efficiency of private homes.

And Georgia can allow or reject the projects provided for in the agreement, said Mrs. Elgart, representative of the Swiss government. His partner countries are “in the driver’s seat,” he said. Switzerland will also ensure that otherwise the projects would not take place, he added.

Georgia’s Ministry of Environmental Protection and Agriculture did not respond to a request for comment.

The debate comes as the world’s wealthiest nations face criticism unable to compensate poorer countries, as promised, so they can better adapt to warming.

According to the analysis According to the Overseas Development Institute, Switzerland’s contribution to global climate finance is almost 40 percent less than their share of the internationally agreed $100 billion annual target. That too falling back on its emission reduction targets under the Paris Agreement.



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