Industries fuelling climate crisis draining public funds in the Global South: ActionAid report

Climate-wrecking fossil fuel and industrial agriculture sectors are squeezing climate-hit countries for over US$600 billion in public subsidies every year. ActionAid’s groundbreaking new report on the corporate capture of public finance finds that climate-destructive sectors are benefiting from subsidies amounting to an average of US$677 billion in the Global South every year, money that could…