Developed nations emitted maximum green house emissions
UN Secretary-General Antonio Guterres has said that developed economies are responsible for the vast majority of greenhouse gas emissions to the atmosphere throughout history. "Those impacts are skyrocketing," he said, adding that "people living in high climatic vulnerability conditions, including in South Asia are 15 times more likely to die from climate impacts. Nearly half of humanity is now in this category and the overwhelming majority is in the developing world, Guterres said. In the wake of the flood-disaster Pakistan has been suffering, the Secretary-General called upon the international community to devise a new mechanism of debt relief for the affected countries." He further advocated a debt swap mechanism that a country, instead of paying debt to the creditors, should be able to use that money to invest in climate resilience, sustainable infrastructure and in the green transition of their economies.