TED: A provocative way to finance the fight against climate change | Michael Metcalfe

TED: A provocative way to finance the fight against climate change | Michael Metcalfe

Assessment

Interactive Video

Business

11th Grade - University

Hard

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The speaker discusses the historical and current impacts of fossil fuels and the banking industry on climate change. They propose using financial tools like quantitative easing and Special Drawing Rights (SDRs) to fund climate initiatives. The speaker suggests reallocating unused SDRs to the Green Climate Fund, emphasizing the global benefits and controlled nature of such actions. They conclude by urging collective action to address climate change with the same urgency as past financial crises.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What personal connection does the speaker have to the topic of climate change?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker relate the banking crisis of 2008 to climate change?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the promise made at the Copenhagen Climate Summit in 2009?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of developing economies building their power grids around fossil fuels?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical examples does the speaker provide to illustrate the dangers of uncontrolled money printing?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Special Drawing Right (SDR) and how is it relevant to climate finance?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How could unused SDRs from 2009 be utilized to combat climate change?

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