W3 TED: expensive climate crisis

What is the Bridgetown Initiative?

• A scientific research project

• An economic theory proposed by the author

• A new political party in Barbados

• A plan to save the world from climate change

Who contacted the author to go to Dominica after Hurricane Maria?

• Roosevelt Skerrit

• Mia Amor Mottley

• The UN relief plane pilot

• The author's father

What was the author's profession before getting involved in climate change?

• Politician

• Economist

• Scientist

• Engineer

What did Dominica declare after the hurricane?

• They will become the world's first climate-resilient nation

• They will seek revenge on the hurricane

• They will join the UN relief efforts

• They will abandon the island

What is the main obstacle to halting climate change according to the author?

• Rich countries' reluctance to invest

• Lack of technology

• Inequality in global responsibilities

• Developing countries' lack of interest

What is the essence of the Bridgetown Initiative according to the author?

• To focus on individual actions rather than policies

• To ignore developing countries' contributions

• To make resilience affordable and profitable

• To rely on foreign aid for climate change solutions

What is the purpose of the smallest financing bucket mentioned by the author?

• To generate immediate savings

• To provide grants for developing countries

• To rebuild low-income families' homes

• To fund renewable energy projects

What is the main source of funding for solar farms and wind turbines in rich countries?

• International grants

• Private sector investments

• Government subsidies

• Individual donations

What did the author suggest to reshape the financial system in case of a disaster?

• Introduce new taxes on emissions

• Seek international aid

• Increase interest rates on loans

• Implement debt repayment holidays

What did the author's father advise him when faced with an unpopular cause?

• To seek approval from others

• To be a player in life

• To prioritize personal career over causes

• To avoid getting involved