COP15: ‘historic’ biodiversity deal has loopholes
Blog / 21st December 2022A lack of financial resources was a major sticking point at the talks, as well as vague commitments on reducing consumption and production. Report by Catherine Early for The Ecologist.
Taxing super-profits to beat inflation and defend human rights
Blog / 16th December 2022Pandemics, wars and recessions do not exempt states from human-rights commitments. They must tax multinationals and the richest more to protect the most vulnerable, writes Magdalena Sepúlveda for Social Europe.
Poor countries squeezed by 10 trillion dollars in external debts
Blog / 16th December 2022The external debt of the world’s low and middle-income countries at the end of 2021 totalled 9 trillion US dollars, more than double the amount a decade ago. Such debt is expected to increase by an additional 1.1 trillion US dollars in 2023.
UN adopts historic decision to take on new tax leadership
Blog / 6th December 2022The UN General Assembly has adopted by unanimous consensus a resolution that mandates the UN to set course for a global tax leadership role.
Rich polluting nations are hijacking 1.5C goal for their own aims
Blog / 1st December 2022At COP27, wealthy governments are pushing for stronger efforts to limit global warming—while failing to deliver the finance and technology promised for climate action in poorer countries.