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Environmentalists urge Philippines to back proposed US$700 billion tax on fossil fuel giants to support loss and damage fund

A levy on carbon majors is being pushed by green groups as one of the sources to operationalise the loss and damage fund in ongoing board meetings leading up to COP29.

environmentalists-urge-philippines-to-back-proposed-us$700-billion-tax-on-fossil-fuel-giants-to-support-loss-and-damage-fund

A levy on carbon majors is being pushed by green groups as one of the sources to operationalise the loss and damage fund in ongoing board meetings leading up to COP29.