Bolivia denounces "carbon colonialism" at COP26

Arce, a socialist who won presidential elections on October last year, criticized the developed countries for introducing what he called a "re-colonization" process in the global fight against climate change.

"Developed countries are promoting a new world re-colonization process that we can call the New Carbon Colonialism, because they are trying to impose their own rules in the climate negotiations," said Arce while addressing other world leaders.

The Bolivian leader added that this "re-colonization" process is part of an effort to continue "feeding the new green capitalist system and forcing developing countries to assume these rules without having any other option."

Arce also said the climite crisis wont be solved if global markets keep focusing on carbon.

"The solution lies in changing our current civilization model and moving towards an alternative one," the Latin American president said.

The UN Conference about Climate Change (COP26) is being held in Glasgow from October 31 to November 12.

During the two-week meeting, leaders will try to secure more ambitious action from the nearly 200 countries that signed the 2015 Paris Agreement to limit global warming to well below 2.0 degrees Celsius - and preferably to 1.5C (2.7 degrees Fahrenheit) - above pre-industrial levels.

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