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Climate change is a global challenge that requires international cooperation from "summary" of Globalization and Its Discontents by Joseph E. Stiglitz

Climate change is a pressing issue that transcends national boundaries. It is a problem that affects every country on the planet, regardless of their level of development or contribution to the problem. The emissions from one country can have far-reaching effects on other countries, making it a truly global challenge. Given the interconnected nature of the problem, addressing climate change requires international cooperation. No single country can solve the problem on its own. Even if one country were to drastically reduce its emissions, it would not be enough to mitigate the effects of climate change if other countries continue to emit greenhouse gases at current levels. Moreover, the costs of addressing climate change can be unevenly distributed among countries. Developing countries, which have contributed the least to the problem, are often the most vulnerable to its effects. They may lack the resources and technology necessary to adapt to a changing climate. This creates a moral imperative for developed countries to help developing countries mitigate and adapt to climate change. International cooperation is also essential for setting global standards and regulations to address climate change. Without a common framework, countries may engage in a "race to the bottom" in which they seek to attract investment by lowering environmental standards. This can undermine efforts to reduce greenhouse gas emissions and mitigate the effects of climate change. In order to effectively address climate change, countries must work together to set ambitious targets for reducing emissions, provide financial and technological support to developing countries, and establish mechanisms for monitoring and enforcing compliance with international agreements. Only through collective action can countries hope to mitigate the effects of climate change and create a sustainable future for future generations.
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    Globalization and Its Discontents

    Joseph E. Stiglitz

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