Opinion / #tax
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.
Moving in the opposite direction from the rest of the world, Indonesia plans to lower its renewable energy ambitions by 2030. The new governing administration needs to make effort to ensure that even the reduced targets are met.
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