Article 63SGV Vulnerable countries demand global tax to pay for climate-led loss and damage

Vulnerable countries demand global tax to pay for climate-led loss and damage

by
Fiona Harvey Environment correspondent
from Environment | The Guardian on (#63SGV)

Poor nations exhort UN to consider climate-related and justice-based' tax on big fossil fuel users and air travel

The world's most vulnerable countries are preparing to take on the richest economies with a demand for urgent finance - potentially including new taxes on fossil fuels or flying - for the irrecoverable losses they are suffering from the climate crisis, leaked documents show.

Extreme weather is already hitting many developing countries hard and forecast to wreak further catastrophe. Loss and damage - the issue of how to help poor nations suffering from the most extreme impacts of climate breakdown, which countries cannot be protected against - is one of the most contentious problems in climate negotiations.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title Environment | The Guardian
Feed Link https://www.theguardian.com/us/environment
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments