World leaders and finance bosses were set to release a “to-do list” to help developing countries better tackle climate change and poverty, a long-sought goal of the two-day summit in Paris that wraps up on Friday.
“We have to come up with mobilizations, commitments, new instruments and very concrete solutions that will change life on the ground in countries facing these challenges,” Macron said. In addition, the idea of implementing a tax on the greenhouse gas emissions produced from international shipping has been gaining traction, with possible adoption at a July meeting of the International Maritime Organization. Some experts believe that a tax on shipping alone could raise $100 billion a year, and a strong declaration on this in Paris might provide Macron with a symbolic win, especially if it gets backing from the IMO next month.
Ineza Grace, a young climate activist from Rwanda, said a good outcome for the summit would be the emergence of a new vision in developed countries for what they need to do. Many officials from poor and climate-vulnerable nations attended, with only two top leaders from the Group of Seven most developed countries - Macron and German Chancellor Olaf Scholz - in the audience.
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