“It was about an economic and geopolitical hierarchy that is not supposed to be disturbed… The Global North knows very well that real transformative climate finance will actually unleash a tremendous development potential in the Global South, and that will disrupt the global economic and geopolitical hierarchy, which is unacceptable for the Global North. That is the bottom line. It’s a colonial mentality dressed up in greenwashed diplomatic violence… The Global South recognises that we need to create a geopolitical leverage to pressure the historic polluters to act differently…(it) is not asking for charity and is not playing the victim. We are demanding payments for a legitimate climate debt… We are the global majority. We can leverage the complementarity of our resources and capabilities to impose a new international economic order of justice, peace, and prosperity.” A strategy will follow; see a quick video explanation of the ‘Bargain of the Century’ at the end in the meantime. Also see.
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