More than $650bn (£494bn) a year in public subsidies goes to fossil fuel companies, intensive agriculture and other harmful industries in the developing world, says new report.

This report exposes wealthy corporations’ parasitic behaviour. They are draining the life out of the global south by siphoning public funds and fuelling the climate crisis.

#climateChange #climateCatastrophe #climateEmergency #climateBreakdown #tippingPoint

theguardian.com/environment/20…

More than £494bn subsidies a year in developing world harmful to climate, says report

ActionAid says ‘parasitic behaviour’ is fuelling the climate crisis and represents ‘corporate capture’ of public finance

^{Fiona Harvey (The Guardian)}