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Achievement Quote by Henry Sylvester Jacoby

“If the relatively rich participating countries want to stabilize atmospheric concentrations of greenhouse gases, they will have to pay at least some poor countries to reduce their emissions. Achievement of substantial reduction in this way implies international transfers of wealth on a scale well…” quote by Henry Sylvester Jacoby
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“If the relatively rich participating countries want to stabilize atmospheric concentrations of greenhouse gases, they will have to pay at least some poor countries to reduce their emissions. Achievement of substantial reduction in this way implies international transfers of wealth on a scale well beyond anything in recorded history. There is no effective political support for such a Herculean effort, particularly in the United States.”

Henry Sylvester Jacoby

About This Quote

Source Speech: Climate Policy Discussion, 1990s

We must financially compensate poorer nations to curb emissions, requiring unprecedented wealth transfers and political will, especially from the US.

In simple terms: Rich nations must pay poor nations to cut emissions, needing huge wealth transfers and political support.

Key Takeaway

Pay poor nations for emissions cuts.

Themes

climate justice wealth transfer political will global equity

Mood

concerned determined

Type

policy environmental

When to use this quote

  • UN climate negotiations
  • national policy drafting
  • NGO advocacy
  • development aid planning

Key Concepts

Carbon finance international aid environmental economics

Questions to Reflect On

  • How can we build political consensus for massive wealth transfers?
  • What mechanisms ensure fair compensation?
A Different Perspective

Political resistance, especially in the US, may block implementation.

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