Cape Town, South Africa – G20 leaders convening at the 1st Finance and Central Bank Ministerial Meeting must maintain momentum towards effective taxation of the world\u2019s super-rich and support an inclusive platform for international tax negotiations at the UN.\u00a0<\/p>\n\n
Fred Njehu, Pan-African Political Strategist at Greenpeace Africa, said:<\/strong> \u201cAs the world battles a deepening, interlocking polycrisis, this is the time to prioritise fair taxation to fund much-needed social, environmental and climate action. G20 Finance Ministers have a unique role in championing this effort to ensure fair and democratic global tax rules.\u201d<\/p>\n\n \u201cEven with the absence of the United States, G20 countries must join hands to support a UN-led UN Tax Convention, a historic opportunity to correct a failing system that benefits the very few over the majority. The UN Tax Convention is a more inclusive, democratic and equitable international tax negotiations process that will grant all UN member states an opportunity to determine the future of taxation.\u201d<\/p>\n\n \u201cG20 leaders, it is time to display true leadership on economic reform at a time of global need. The South African G20 presidency has set the course to act in the spirit of Ubuntu – \u2018I am because you are\u2019 – in order to seek collective solutions to pressing challenges. Strong language in the G20 declarations on wealth tax and new global tax rules at the UN would be a great testimony to that. The time for action is now. There is no time to waste.\u201d<\/p>\n\n ENDS<\/p>\n\n Notes:<\/strong><\/p>\n\n [1] Greenpeace welcomes historic G20 support for taxing the ultra rich<\/a><\/p>\n\n Contact:<\/strong><\/p>\n\n Ibrahima Ka Ndoye, International Communications Coordinator, Greenpeace Africa. +221778437172, indoye@greenpeace.org<\/a>.<\/p>\n\n