{
Mia Mottley

People

}
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001122334455554433221100

leaders propose new levies to fund climate action at cop29 summit

At COP29, Barbados Prime Minister Mia Mottley proposed innovative funding solutions to combat climate change, including levies on business class flights, stock and bond trades, and a $5-a-ton tax on fossil fuel emissions, potentially raising $350 billion annually. Mottley emphasized the urgency for developing nations to secure climate finance, as extreme weather risks escalate. Alongside leaders like Spain's Pedro Sanchez, who advocated for fossil fuel taxes, they aim to ensure polluters contribute to climate efforts, with discussions set for COP30 in Brazil.
Bloomberg.com
United States Dollar Euro Apple Inc. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas EU FRA KEN BRB BRA ESP Pedro Sanchez Mia Mottley Wopke Hoekstra Show more
Finance & Economy, News Article
18:39 12.11.2024
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