Video – COP 19 Strategies: Walkouts, Sanctions and Eco-Socialism

Professor Patrick Bond considers the best strategies to make progress on the climate crisis at COP 19. He questions the utility of developing countries, civil society and 132 green groups walking out of the COP process to protest inaction on climate finance, Loss and Damage and the Green Climate Fund. He argues that sanctions may be a better strategy (“hitting polluters in the wallet”). He also questions whether capitalism is the best economic system to manage the climate crisis. In Warsaw the techniques of capitalism were reviewed and some questioned whether this system is capable of meeting the challenges we face. Bond argues that an eco-socialist approach may be required.

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