The climate crisis is expensive -- here's who should pay for it | Avinash Persaud

The world's smallest countries, often tropical places, are the first to feel the effects of global climate change, but they lack the funds to fight it. Economist Avinash Persaud is working on a plan to change that: the Bridgetown Initiative, an ambitious proposal to change how rich countries finance poor countries during the climate crisis. He lays out what a green transformation for small nations could look like -- and how it could be profitable for everyone involved.