The term crisis implies a short lived period of uncertainty - suggesting there is something temporary or anomalous about the current state of the global economy. On the contrary, our global economy, from the financial clouds (or bubbles) to the real roots - where men and women work, live and survive - is suffering from systemic flaws based on an ever expanding void between rich and poor.
The Climate justice newspaper is produced every two days during the Copenhagen climate talks, reporting and decoding what is going on both inside and outside the climate negotiations. Find out what is really going on behind the media headlines.
It is depressingly clear that Copenhagen will at best produce a ‘political’ agreement—just as the Bali conference did two years ago—but not a global climate compact with time-bound, quantifiable, legally binding and enforceable goals or measures.