Climate disasters are becoming more and more common, and the countries most vulnerable to them are often the ones emitting the least pollution. That imbalance has sparked a debate on whether rich, polluting nations have a responsibility to contribute more when there are climate catastrophes. In today’s episode, we’re looking at one country that serves as an example: Pakistan. We’ll discuss how it plans to fund its recovery after record-breaking floods – worsened by climate change – submerged much of the south Asian country last year.  Clips from Sky News Australia, Al Jazeera, Channel 4 News - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Rebuilding Pakistan: how much should rich nations help? ‘It’s the fault of climate change’: Pakistan seeks ‘justice’ after floods Pakistan is on the brink Debt burden traps global south in a vicious circle - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Ben Parkin (@b_parkyn), Camilla Hodgson (@CamillaHodgson), and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Credit Suisse… Silicon Valley Bank… Signature Bank… First Republic… After weeks of breaking headlines about banks in crisis, we are taking a big picture look at the sector with the FT’s chief economics commentator, Martin Wolf. In this episode, he explains why banks fail, and lays out the four paths that banking reform could take in the future.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Banks are designed to fail — and they do  US capitalism is ‘breaking down before our eyes’, says Ken Griffin How the Swiss ‘trinity’ forced UBS to save Credit Suisse Four ways to fix the bank problem - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Martin Wolf (@martinwolf_) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.