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The Climate Crisis Is a Debt Crisis

Bibliographic Data

ID4438014
AuthorsN Mirzoeff (0000-0002-6989-6402, corresponding author)
Year2013
Volume112
Issue4
Pages831-838
Publication date2013-10-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueSouth Atlantic Quarterly (JOURNAL)
Journal identifiersISSN: 0038-2876 • E-ISSN: 1527-8026
PublisherDuke University Press (PUBLISHER • US)
DOI10.1215/00382876-2345324
OpenAlexW2023562006
LanguageEN
Citations received1
References cited3

The climate crisis is intimately related to the debt crisis. First, developed nations owe a climate debt to developing nations, meaning extra space under the emissions limits to develop the former's economies. Second, the need to restrict emissions means that growth-based solutions to the debt crisis cannot stand. Finally, disaster relief is provided primarily in the form of interest-bearing loans rather than grants. A debt strike is therefore also a climate strike

Climate change · Debt · Debt crisis · Debt-to-GDP ratio · Economic policy · Economics · External debt · Financial crisis · Financial system · Internal debt · Keynesian economics · Climate Change and Sustainable Development · Disaster Management and Resilience · Economic, financial, and policy analysis · Finance

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Unique citing works1
Citations per year0,17
Citation span2020 - 2020 (1)
Citation velocityhistorical
Highly citedNo
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