justice requires wealthy countries to compensate the poor for the damage that climate change causes them
The world’s wealthiest 10% are responsible for two-thirds of global heating since 1990, driving droughts and heatwaves in the poorest parts of the world, according to a study
Paper in Nature Climate Change journal reveals major role wealthy emitters play in driving climate extremes
Those in rich countries were significantly less willing to contribute 1%
Researchers find 89% of people around the world want more to be done, but mistakenly assume their peers do not
has been weakened both by global rules that favour profit shifting and by domestic policies shaped by those who benefit most from the status quo
Climate finance is often framed as a search for new money. Our analysis and the climate finance slider released with this report, shows that the real issue is not scarcity but capture. Extreme wealth and undertaxed multinational profits are plentiful; what is missing is countries’ ability and willingness to tax them. This ability, tax sovereignty, […]
'Scarcity to address the climate crisis comes not from a genuine lack of resources but from elite capture and a lack of tax sovereignty on the part of countries' ~ Franziska Mager
'Scarcity to address the climate crisis comes not from a genuine lack of resources but from elite capture and a lack of tax sovereignty on the part of countries' ~ Franziska Mager #SB62 #ClimateFinance #BonnClimateConference
