Call to tax international flights to raise climate funds for poor countries
February 18, 2021 What Causes Global Warming 0 Comments
Six experts say failure to reform climate finance risks undermining trust in Paris agreement
Taxes on international transport could provide new flows of finance to developing countries to help them reduce greenhouse gas emissions and cope with the impacts of climate breakdown, a group of climate finance experts have said.
Rich countries are failing on their pledge to provide $100bn a year to help poor countries cope with the climate crisis, and the way in which climate finance is organised needs urgent reform, the six academics argue in an article in the journal Nature Climate Change.