African Climate Summit issues unanimous call for world leaders to support global tax on fossil fuels - WTOP News

African leaders issued a unanimous call for a global carbon tax on fossil fuels, aviation, and shipping at the African Climate Summit.
The declaration calls on major emitters and wealthy nations to fulfill climate finance pledges and enable African nations to process their mineral wealth locally.
$23 billion in climate commitments were made at the summit as Africa frames itself as part of the climate solution.
Some Africans reject carbon markets as "forced solutions" that allow rich nations to continue polluting by offsetting emissions.
Africa earns under $10 per ton of carbon credits compared to over $100 in other regions, so seeks better pricing for its carbon market.

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Posted 9/6/2023, 8:58:56 AM