Do polluters pay, or do they get paid?

For years, rich nations have sent money to lower-income countries to help deal with the impacts of climate change. But it turns out, these wealthy nations are finding creative ways to funnel some of that financing back into their own economies. Today, we look at how the climate crisis is reviving a debate over how money should flow from rich to less-rich nations. Related:A program meant to help developing nations fight climate change is funneling billions of dollars back to rich countriesA countdown to climate action (Apple / Spotify) Gambling, literally, on climate change (Apple / Spotify) Blue bonds: A market solution to the climate crisis? (Apple / Spotify) Why a debt tsunami is coming for the global economy (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy