Elise Hu

I'm Elise Hugh.

I'll be back tomorrow with a fresh idea for your feed.

Thanks for listening.

Food waste has about five times the greenhouse gas footprint of the entire aviation industry.

You're listening to TED Talks Daily, where we bring you new ideas to spark your curiosity every day.

I'm your host, Elise Hu.

By now it's clear we need bold strategies to pay for and stop the damages of climate change.

In this talk, economist Esther Duflo asks a blunt question.

Why don't we just tax the world's richest people in order to pay for climate damages?

She explains why a publicly funded redistribution system financed by taxes on billionaires and large multinational companies could really work and says this grand bargain is more within reach than we might expect.

That was Esther Duflo at the TED Countdown Summit in Nairobi, Kenya in 2025.

If you're curious about TED's curation, find out more at TED.com slash curation guidelines.

And that's it for today.

TED Talks Daily is part of the TED Audio Collective.

This talk was fact-checked by the TED Research Team and produced and edited by our team, Martha Estefanos, Oliver Friedman, Brian Green, Lucy Little, and Tansika Sungmarnivong.

This episode was mixed by Lucy Little.

Additional support from Emma Taubner and Daniela Balarezo.

I'm Elise Hu.

I'll be back tomorrow with a fresh idea for your feed.

Thanks for listening.