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Nora Awolowo
New analysis by ActionAid International and The Robin Hood Tax Campaign
ActionAid International and The Robin Hood Tax Campaign are today (12 December) calling on G7 countries to make good on their commitment – enshrined in Article 8 of the Paris Agreement – to provide finance to support the world’s poorest countries to recover from the damage caused by the climate crisis.
The organisations argue that G7 countries can make significant strides in funding to tackle loss and damage by accelerating reductions in fossil fuel subsidies and redirecting support from polluting industries into a new ‘Climate Damages Fund’.
The new analysis comes as the UN and UK co-host today’s online Climate Ambition Summit on the fifth anniversary of the Paris Agreement. ....

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