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UN report highlights cautionary tales of climate finance that backfires

A wildfire that has spread to cover more than 500,000 hectares is seen in Corrientes, Argentina February 15, 2022. REUTERS/Sebastian Toba/File Photo
Reuters Online
01 Mar 2022
UN Report

Commenting on the report published on Monday by the UN Intergovernmental Panel on Climate Change (IPCC) which found projects for planting trees in historically unforested areas or suppressing wildfires in naturally fire-adapted ecosystems to be troubling, IPCC lead author and SMU Associate Professor of Science, Technology and Society Winston Chow said, "Green gentrification privileges wealthy urban residents in urban greening projects. It has a positive effect on property values."