Poorer countries struggling with a growing debt crisis were thrown a lifeline at a global finance summit in Paris but the plans still fell short of the debt forgiveness programme that some had hoped for.
Progress was made on reforms that would help address the climate emergency, as nearly 40 world leaders and the heads of global institutions met in Paris for the summit, which ended on Friday.
Emmanuel Macron, the French president, called for global taxes on shipping, aviation and potentially on wealth in order to fund climate action. Help us find all the countries which today have no tax on financial transactions and which today have no tax on plane tickets. Help us to mobilise at the International Maritime Organization [meeting to discuss…
Read the full article at: https://www.theguardian.com/world/2023/jun/23/paris-climate-finance-summit-fails-to-deliver-debt-forgiveness-plan