Public money must pave the way for private investment in climate-change adaptation

Rich countries, says Macky Sall, the president of Senegal, must “show more solidarity” with developing ones. He means they must compensate those countries for their losses due to climate change and that they must provide them with money for adaptation. The obvious way to pay both bills, he continues, would be to tax businesses in industrialised countries and give the proceeds to poor ones.