From Hindustan Times
Center Owned by HT Media'Polluters must pay': UN chief urges govt to tax oil giants’ profits to fund climate action
What's behind this
At the Antalya Summit, United Nations Secretary‑General Antonio Guterres called for climate justice for developing nations, urging an international framework that makes industrialised countries bear proportional responsibility for rising global emissions. He also appealed to governments to tax the profits of oil companies to fund climate action. The UN warned that the world can no longer prevent global warming from exceeding the 1.5 °C threshold set by the Paris Agreement.
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The world can no longer prevent global warming exceeding 1.5C, a key threshold staked out by the Paris Agreement, the UN warned last month.
