World leaders gathered at United Nations climate talks in Azerbaijan have been urged to consider taxing business-class air travel, large stock and cryptocurrency trades and plastics as negotiations over finance grind on.
UN finance leaders now believe that developing nations will need $US1.3 trillion a year by the 2030s, a figure backed by one of the largest UN groupings of nations, the G77. One group, the Global Solidarity Levies taskforce, called on polluting industries to contribute more to the cost of stabilising the climate. The group, led by France, Kenya and Barbados – whose prime minister Mia Mottley has become a driving force at COP – is backed by United Nations Secretary-General Antonio Guterres.
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