Plugging the Climate Finance Gap Through the UN Tax Convention
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Plugging the Climate Finance Gap Through the UN Tax Convention [PDF]
The UN Tax Convention (UNTC) can help plug the climate finance shortfall by fixing the dysfunctional global tax system.
The next 12 months (up to the final UNTC negotiations around August 2027) are crucial. Countries should align their work across the UNTC and UNFCCC and pursue fair allocation of taxing rights between countries, effective taxation of corporations and the super-rich, and taxes on polluting industries to raise public climate finance.