finance and climate change - latest news
Friends of the Earth International (FoEI) recognizes that tackling climate change will involve dismantling the current corporate-driven political and economic model that drives climate change, global competition for energy resources and the degradation of the environment (which reduces human and ecological resilience to climate change).
Measures to address climate change have to be based on a fundamental transition to new, equitable and sustainable societies if they are to succeed. Climate finance should be used to create climate justice and foster peoples’ sovereignty – communities’ ability to manage their local resources sustainably, including energy, forests and water. It should also prioritize local technologies and knowledge, and empower Indigenous Peoples, women and other vulnerable populations.
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