Paris, France \u2013 President Macron\u2019s Summit for a New Global Financing Pact ends with very limited progress to make polluters pay for the escalating costs of the climate crisis. Governments failed to commit to concrete and ambitious action to make the fossil fuel industry pay.\u00a0\u00a0<\/p>\n\n
Tracy Carty, Climate Politics Expert at Greenpeace International, said:<\/strong><\/p>\n\n \u201cThe Summit ended with mild recognition of the need for new taxes to pay for climate action and identified a role for the G20 and COP28 to take them forward. Taxing big polluters should be top of the agenda for these global moments, but rich country governments don\u2019t have to wait to act \u2013 they already can and must introduce taxes on big polluters, above all the fossil fuel industry, to pay for loss and damage now.<\/p>\n\n \u201cSilence on the fossil fuel industry paying for the mess they have caused was deafening at this Summit. Fossil fuel companies are racking up obscene profits, while millions in low-income countries pay the price as drought, floods, sea level rise and other climate catastrophes wreak havoc.\u201d <\/p>\n\n Pierre Terras, Head of Climate and Energy campaigns at Greenpeace France, said:<\/strong><\/p>\n\n \u201cPresident Macron\u2019s promotion of fossil gas as an energy of transition during this Summit was totally irresponsible and resonates with his poor record of domestic climate in-action. Unsurprisingly, he also has fallen short in recognising the need to tax the fossil fuel companies to pay for the damage they have caused. Both nationally and globally, the French president seems stuck on protecting the wealthiest and the polluters.\u201d<\/p>\n\n Photo and video of the action is available in the Greenpeace Media Library<\/a>.<\/p>\n\n ENDS<\/p>\n\n Contacts<\/strong><\/p>\n\n Greenpeace International Press Desk, +31 (0)20 718 2470 (available 24 hours), pressdesk.int@greenpeace.org<\/a> President Macron\u2019s Summit for a New Global Financing Pact ends with limited progress to make polluters pay for the escalating costs of the climate crisis, including support for a levy on shipping emissions.\u00a0But governments failed to commit to concrete and ambitious action to make the fossil fuel industry pay.\u00a0<\/p>\n","protected":false},"author":18,"featured_media":60410,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_planet4_optimize_post_is_variant":false,"_planet4_optimize_experiment_name":"","_planet4_optimize_variant_name":"","ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"President Macron\u2019s Summit for a New Global Financing Pact ends with limited progress to make polluters pay for the escalating costs of the climate crisis, including support for a levy on shipping emissions.\u00a0But governments failed to commit to concrete and ambitious action to make the fossil fuel industry pay.\u00a0","p4_og_image":"https:\/\/www.greenpeace.org\/static\/planet4-international-stateless\/2023\/06\/29c46614-gp1t5m6n.jpg","p4_og_image_id":"60410","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[100],"tags":[89],"p4-page-type":[98],"class_list":["post-60408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-about","tag-climate","p4-page-type-press-release"],"_links":{"self":[{"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/posts\/60408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/comments?post=60408"}],"version-history":[{"count":14,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/posts\/60408\/revisions"}],"predecessor-version":[{"id":60434,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/posts\/60408\/revisions\/60434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/media\/60410"}],"wp:attachment":[{"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/media?parent=60408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/categories?post=60408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/tags?post=60408"},{"taxonomy":"p4-page-type","embeddable":true,"href":"https:\/\/www.greenpeace.org\/international\/wp-json\/wp\/v2\/p4-page-type?post=60408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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