Amnesty International’s Schaaf: ‘We Need to Tax Polluters’

EXCERPT:

SCHAAF: “This is not simply a matter of a point, you know, one or two degrees, it matters for people's lives. The adaptation in low and middle-income countries in particular, the needs are significant, as are the funding requirements for economic loss and damage. A recent ActionAid report found that climate vulnerable countries are paying 225 times more in debt service than they have received in grants-based climate finance. This is ridiculous. We need to tax polluters. We need commitments to ensure scaled-up finance and reparations, including building on the completely inadequate goals agreed at COP29.”