They rely on their savings or aid to feed themselves. When the river swells, work stops, land erodes, people move to higher ground and wait for the waters to recede. Those who live along the Brahmaputra are no strangers to flooding. In most cases, heavy rains upstream in neighboring India swelled the river basins that flow through Bangladesh before draining into the Bay of Bengal. In Bangladesh, the flooding of the Brahmaputra reflects the unequal pain of extreme weather. A study commissioned by the United Nations found that the 20 most climate-vulnerable countries have paid more than $40 billion in additional interest payments because of losses stemming from extreme weather events. In June, the Alliance of Small Island Developing States, led by Belize, pressed for what it called a new compact with private and bilateral creditors “to deliver debt relief and increase resilience financing.”Ĭaribbean countries, with their economies ravaged by hurricanes in recent years, now find themselves falling deeper into debt as the pandemic dries up tourism revenues.
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