Developing countries deserve climate change compensation, survey finds

Developing countries should be financially compensated to help them fight climate change, a survey from the European Investment Bank (EIB) has found.

Climate change may affect the production of maize and wheat as early as 2030 under a high greenhouse gas emissions scenario, according to a NASA study published in Nature Food - AdobeStock

The EIB Climate Survey polled the climate change-related views of people in major global economies, with over 30,000 respondents in the EU, the US, China, India, Japan, the UK, UAE, Canada and South Korea.

Climate change impact and environmental degradation top the list of perceived challenges in India and China, and are a close second to the cost of living in the EU, the US and Japan. In the UK, the rising cost of living is considered the number one challenge (77 per cent of respondents place it in the top three concerns for their country, nine points above the EU average). Climate change impact and environmental degradation come second, with 45 per cent of respondents in the UK ranking them in the top three concerns.

Except for respondents in Japan, most believe that measures to combat climate change will improve people’s daily lives, including the quality of food and health (EU 61 per cent; US 66 per cent; China 69 per cent; India 65 per cent; and Japan 47 per cent). In the UK, 68 per cent of respondents believe that climate policies will improve the quality of their daily lives.

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