France, Spain, Kenya, Barbados and Antigua and Barbuda set up a working group on international climate taxes at COP28. The task force is to identify new tax models before COP30 in order to mobilize „new, additional, and predictable, and adequate financial resources“ for climate efforts in developing countries and emerging economies. Concrete proposals for international climate and development taxes will be presented at COP30 in two years. The task force is due to meet for the first time at the working level in spring 2024. Its secretariat will be set up at the European Climate Foundation.