New taxes on the super-rich, fossil fuels, financial transactions and highly polluting and carbon-intensive activities should be explored as key ways of raising the finance needed to help poor countries, governments have been told in an influential report.
The proposal is one of the top recommendations of a new blueprint for global climate finance, the Baku to Belém roadmap, drawn up by the governments of Brazil and Azerbaijan, the current and the previous president of the UN climate Cop process.
