Poor countries demand climate tax

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Poor countries demand climate tax

The poorest countries most adversely affected by climate change are preparing to demand a "climate-related damage tax" from the rich countries that cause global warming. The matter will be moved to the UN.

It has emerged that the poor countries that are most affected by climate change caused by global warming demand global taxes to compensate for their losses. Funds are planned to be requested from the richest economies, including new taxes on fossil fuels or aircraft, according to an article obtained by the "Guardian" newspaper, with some of those countries being prepared for discussion at the United Nations (UN) General Assembly this week. Because fossil fuels pollute the air. The article shows that poor and developing countries are preparing to demand global climate tax to cover their losses.

It is stated that it will be difficult for rich countries to meet this demand in a period of rising fossil fuel costs and rising food prices. Rich countries agreed at a summit in Scotland last year that a fund should be created to cover the damage from the climate crisis. However, they could not agree on who would pay what amount. On the other hand, the UN Ambassador of the Caribbean island nation of Antigua and Barbuda, Walton Webson, said, “Our islands bear the heaviest burden of a climate change that is not caused by us. A fund should be established urgently to cover the losses,” he said.




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Tags:
Poor countries demand climate tax
the UN Ambassador of the Caribbean island nation of Antigua
and Barbuda Walton Webson said
Rich countries agreed at a summit in Scotland last year that a fund
should be created to cover the damage from the climate crisis
Funds are planned to be requested from the richest economies
including new taxes on fossil fuels or aircraft
according to an article obtained by the Guardian newspaper
with some of those countries being prepared for discussion