Who should pay for the new climate finance goal? The world’s super-rich, says a new study
Ahead of COP29 talks, campaigners say that a 1.7 to 3.5 per cent tax on the world’s top 0.5 per cent could raise US$2.1 trillion a year – double the external climate funds needed by poorer nations – even with potential wealth relocation.
19
August
2024
Ahead of COP29 talks, campaigners say that a 1.7 to 3.5 per cent tax on the world’s top 0.5 per cent could raise US$2.1 trillion a year – double the external climate funds needed by poorer nations – even with potential wealth relocation.
