Susanna Cafaro (Italy) in conversation with Nico Andreas Heller
The Loss and Damage Fund: Bridging the Climate Divide?
Susanna Cafaro (Italy) is an European activist and professor of European Union Law at the University of Salento. She has authored and edited numerous books and over 50 scholarly articles and book chapters on the EU, European economic and monetary union, EU external relations, IMF & World Bank governance and functioning, Euro-Mediterranean relations.
In this dialogue we discuss the creation of a Loss and Damage Fund, as agreed at COP27, and look at the political challenges this new development poses in relation to the fund’s democratic governance, especially from the perspective of the global south.
Delton Chen (Australia) in conversation with Nico Andreas Heller
Catching up with Delton Chen
Delton is a civil engineer and geo-hydrologist with a Ph.D. from the University of Queensland. He founded the Global Carbon Reward Initiative in 2013 and developed the “carbon currency” concept as featured in the sci-fi novel The Ministry for the Future.
Last fall he travelling the globe (again) to promote his Global Carbon Reward and carbon currency concept. Now that he is back in Australia, he reflects on this trip and explains how his proposed carbon currency will significantly accelerate the transition towards a negative carbon economy.
Further Information about the Global Carbon Reward (GCR) project contact the GCR project for further information.
Delton Chen apologises for making a mistake at time 22:42 (see link to video). He said that the central bank balance sheet includes "assets and debts". He meant to say "assets and liabilities". Central banks will purchase the carbon currency as their "asset", and the new fiat that they will create will be recorded as their "liability" (i.e. not as their "debt").