Climate crossfire
How NATO’s 2% military spending targets contribute to climate breakdown
https://www.tni.org/en/publication/climate-crossfire
A new tni report by Ho-Chih Lin, Nick Buxton, Mark Akkerman, Deborah Burton, Wendela de Vries.
NATO’s goal of 2% spending of GDP on the military will accelerate climate breakdown by diverting billions of dollars from climate finance and increasing greenhouse gas emissions. This year alone, NATO members spent $1.26 trillion on their militaries. This report shows that this could have paid for 12 years of promised – and still not delivered – climate finance to impoverished countries to help them deal with the climate crisis. And for the next five years, if NATO members increase their spending to 2% GDP, US$2.57 trillion will be diverted away from climate spending by 2028. This would be enough to pay for climate adaptation costs for all low- and middle-income countries for seven years.