‘Climate dividends’ can help cut emissions and poverty, researchers say
SONIA ELKS HANDING 5% of the money rich nations raise from carbon emissions charges to sub-Saharan Africa would counter the impact of rising prices on the world's poorest people, researchers said on Tuesday. More and more wealthy countries are seeking to impose emissions charges on companies, but doing so risks pushing up the price of essential goods, which hits the poor hardest, said a study published in the journal Nature Communications. The researchers said that risk could be mitigated by handing the proceeds to households in the form of "climate dividends" and donating 5% to the poorest countries. "You can create…