Srinagar, June 5 -- Everyone agrees that climate change is real. But not enough people are talking about how the fight against it is becoming one of the most profitable scams of our time.

Today, you'll hear about billions being pledged to fight floods, droughts and rising heat. Reports are launched with dramatic graphics. Conferences are held in luxury hotels. Consultants fly from Nairobi to New York, talking about "resilience" and "green transitions." But has anything actually changed?

Carbon emissions are still going up. Heatwaves are deadlier. Forests are vanishing. If all this money was doing its job, the world wouldn't be on fire.

So, what's going wrong?

Behind the scenes, a network of bureaucrats, researchers, and middlemen is c...