Climate justice: Experts call for redist • Table.Briefings

New arguments in the debate on climate justice: More taxes for the rich and large emitters should reduce emissions and eliminate poverty, according to a comprehensive study. It calls for national and international financial reforms to balance out injustice in and between countries.

According to a new comprehensive study, the fairest and most effective way to protect the global climate is to tax the super-rich and use these revenues to fund the fight against poverty. Because extremely rich people and industrialized countries emit a disproportionately high amount of carbon dioxide on a global average. By imposing new levies on the super-rich and on international shipping and air transport, states are supposed to raise more funds for public investment. This is suggested by the Climate Inequality Report 2023 published by the think tank World Inequality Lab (WIL).

Climate justice: Experts call for redistribution via taxes

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