A prominent developing-world leader on the issue of climate change said Monday that global taxes on the financial services, oil and gas, and shipping industries could drum up hundreds of billions of dollars for poorer countries to adapt and cope with global warming.
Barbados Prime Minister Mia Mottley focused on how poorer countries, with help from richer countries and international finance, could shoulder the astronomical costs for the world to adapt to climate change, reduce its future impact, and pay for losses and damage caused as climate trouble like floods, forest fires and heat waves rip through communities.
