The more I hear about climate bonds, the more it scares me that thereโ€™s a wave of debt crisis coming towards the third world countries going through climate crisis.
First it was colonialism, then imperialism, then neoliberalism & debt-crisis and now with these climate bonds and green bonds, the international financial market will further ruin our countries in collaboration with the local ruling classes.

@ToobaSyed finance works on obfuscation of risk, beneficiaries, and control. Exactly how Neo-Colonialism proliferated.

Expecting the profiteers to not exploit the coming Climate Chaos the Global South faces will be foolhardy.

International finance got us here, why would it ever get us out?

#ClimateBonds #GreenBonds #ClimateCrisis #ClimateEmergency #GlobalSouth #Pakistan #CarbonCredits #CarbonOffsets