Multinational Companies Should Pay Tax To Support Climate Change Victims: Nigerian Deputy Speaker

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Politics Berita

Climate Change,Taxation,Africa

Benjamin Kalu, the deputy speaker of the house of representatives in Nigeria, argues that multinational corporations should contribute to a global tax fund dedicated to supporting victims of climate change. He highlights the disproportionate impact of climate change on Africa despite its low contribution to greenhouse gas emissions.

September 19, 2024 6:19 pmBenjamin Kalu, the deputy speaker of the house of representatives, says multinational companies should pay tax to support victims of climate change.The deputy speaker said the climate crisis undermines Africa’s progress towards sustainable development goals and hinders the economic growth of the continent.

The lawmaker said the proposed climate tax would help to mitigate the effects of climate change and support victims in vulnerable regions in building resilience. “Furthermore, Africa faces a widening energy gap compared to South Asia and Latin America, which have made more significant progress in bridging their energy deficits.

 

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