With demanding this money, developing countries don’t seem to understand what they’re getting into. The $100 billion dollars are guaranteed to make poor countries’ economies and societies even more beholden to rich ones. Under the terms of the agreement, satellites will monitor developing countries’ sovereign but regulated right to emit carbon dioxide. In addition to observing levels of carbon dioxide in the atmosphere, the world cannot countenance the corrupt misuse of Fund money, so stringent, space-based verification is essential to ensure it gets spent as it should. Ironically, the developing world’s success in securing these billions of dollars signs away their right to independent development.
