An anticlimactic Paris Summit
Despite world leaders agreeing that they wanted to transform their current approach to the world, as well as help countries escape poverty, the reality is that the Paris summit ended without any major announcements.
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Despite world leaders agreeing that they wanted to transform their current approach to the world, as well as help countries escape poverty, the reality is that the Paris summit ended without any major announcements.
The tax could be adopted by a U.N. agency next month.
After all the talking, time for tangible solutions? World leaders and finance bosses were set to release a “to-do list” to help developing countries better tackle climate change and poverty, a long-sought goal of the two-day summit in Paris that wraps up on Friday. Organizers said the gathering will end with a summary of commitments,…
The idea of a global tax on the greenhouse gas emissions produced from international shipping has been gaining traction and could potentially be adopted at a July meeting of the International Maritime Organization.
The two-day gathering of world leaders and finance bosses, aimed at tackling climate change and poverty, ended without a major announcement Friday. French President Emmanuel Macron, who hosted the summit, said upcoming reforms of the international finance system would be assessed within the next two years.