New York, United States \u2013 As the fourth round of UN Tax Convention negotiations concluded on Friday, governments face a defining choice: seize this once-in-a-generation opportunity to reform global tax rules so they work for people and planet \u2013 or retreat to defending systems that are failing to deliver fairness, justice and adequate revenues for combating the most pressing challenges of today.[1]<\/p>\n\n
Nina Stros, Global Senior Policy Expert at Greenpeace International\u2019s Political Unit<\/strong>, said: <\/p>\n\n “This round of UN Tax Convention negotiations saw the liveliest debates so far on reforming global tax rules to enhance climate action, sustainable development and hold the super-rich to account. It’s clear that the game is now on for securing a strong outcome on taxing the world’s biggest polluters.<\/p>\n\n “As fossil fuel-driven floods, storms and hurricanes hit more and more countries, and inequality widens as the world approaches its first trillionaire, negotiators are starting to wake up to the huge opportunity. The UN Tax Convention is a once-in-a-generation chance to shift investment away from polluting activities, redistribute wealth, and raise hundreds of billions for climate resilience and public services \u2013 without adding to the tax burdens of citizens and consumers.\u201d<\/p>\n\n Greenpeace International\u2019s key takeaways from INC-4:<\/strong><\/p>\n\n \u201cAction on fair global tax rules that hold polluters to account is a no-brainer. Countries are losing hundreds of billions of dollars each year to multinational and super-rich profit shifting. This action is also hugely popular with the public across right and left-wing voters, as extensive polling has shown<\/a>. Governments must not settle for vague language that protects the status quo, a fair and sustainable economy is at stake,\u201d Stros adds.<\/p>\n\n The Intergovernmental Negotiating Committee (INC) Fifth Session will be from 3 to 13 August 2026 in New York.<\/p>\n\n ENDS<\/p>\n\n Notes<\/strong><\/p>\n\n [1] New global tax rules in an UN Framework Convention on International Tax Cooperation<\/a> are being negotiated until 2027. It aims to take control of global tax rules from the rich OECD countries and place it in the hands of the 193 member states of the United Nations. <\/p>\n\n\n
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