Corruption Threatens to Derail Global Climate Action, Warns Transparency International

by Olawunmi Sola-Otegbade
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Corruption Threatens to Derail Global Climate Action, Warns Transparency International

Global efforts to combat climate change are facing a significant threat from widespread corruption, according to Transparency International’s (TI) 2024 Corruption Perceptions Index (CPI). The report reveals a worrying trend of declining corruption scores in many nations crucial for climate diplomacy, raising concerns about the effectiveness of international climate agreements and initiatives.

TI’s CPI paints a stark picture of global corruption, with over two-thirds of the 180 ranked countries scoring below 50 out of 100, indicating alarmingly high levels of public sector corruption. While some progress has been made in certain nations since 2012, a majority have either stagnated or regressed, underscoring the urgent need for concrete action. The watchdog emphasizes the “devastating” impact of corruption on the climate crisis, noting that it exacerbates the effects of extreme weather events and global heating.

The report highlights the vulnerability of climate-sensitive countries, many of which have the lowest CPI scores, leaving them particularly susceptible to the negative consequences of corruption and climate change. Even nations hosting major climate summits, like Brazil, have seen declining scores, casting a shadow over international climate negotiations. TI also warns of the increasing risk to billions of dollars in climate finance, with corruption potentially diverting crucial funds away from where they are most needed. Countries like South Africa, Vietnam, and Indonesia are cited as examples of how corruption can undermine climate initiatives.

The report calls for improved “metrics and frameworks for climate transparency and accountability” to ensure that climate funds are used effectively and efficiently. Strengthening anti-corruption bodies is also recommended to deter environmental crimes and reduce impunity. TI’s CPI, which ranks countries based on perceived levels of public sector corruption, serves as a crucial tool for understanding and addressing this global challenge. A score of zero indicates “highly corrupt,” while 100 represents “very clean.”

The findings of the 2024 CPI serve as a stark reminder of the urgent need to tackle corruption to safeguard the planet and ensure the success of global climate action.

Source: Swifteradio.com

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