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Corporations Are Using Carbon Credits to Exploit Refugees

January 20, 2026 | Source: JACOBIN | by Nicholas Beuret and David Harvie

At the start of 2026, the White House declared that it was withdrawing from a raft of international organizations, covering areas of supposed global cooperation from education to aid to climate change. As with much that comes from the current administration, this announcement was deceptive: not only had the United States already disengaged and withdrawn funding from many of these bodies, but it has also long been actively undermining their operation.

Perhaps the starkest example concerned the United States’ international aid budget. In 2025, massive cuts led to the UN World Food Program cutting upward of 30 percent of its staff, while the international body responsible for refugees, the United Nations High Commissioner for Refugees (UNHCR), declared it would downsize, cutting positions and reducing expenditure. In this new world, Donald Trump warned that the UN and its agencies must “adapt, shrink or die.”