Opinion / #tax
The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
From Greek wildfires to African floods, the costs of extreme weather is making insurance unsustainable.
In Asia, industry experts have noted that there is an urgent need for the region to accelerate sustainable financing efforts to achieve net zero emission targets.
A new international tax taskforce is exploring tax policies that could finance sustainable development and climate action. This could pave the way for a fair taxation system that would accelerate a just transition.
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