After decades of fossil fuel-driven industrialization, the costs of climate change are becoming increasingly apparent in both the Global South and the Global North. In Germany, floods in 2021 claimed 190 lives, forced 40,000 people to leave their homes, and caused USD 40 billion in property damage. In Brazil, the flooding of the Rio Grande do Sul in 2024 claimed 183 lives and forced more than 600,000 people to flee their homes. Forest fires in the Amazon region destroyed an area the size of New Jersey and caused catastrophic damage to the regional economy, decimated livestock, devastated agriculture, and caused tourism to collapse.