Americas > Global tax on aviation, shipping could raise $200 bln annually by 2035 -IMF

Global tax on aviation, shipping could raise $200 bln annually by 2035 -IMF

Published 15:07 on October 9, 2024  /  Last updated at 15:07 on October 9, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, Carbon Taxes, EMEA, International, Shipping

International transportation, especially aviation and shipping, must be “urgently taxed” as that would raise up to $200 billion a year in revenues by 2035, potentially tripling current global climate finance, a paper released by the International Monetary Fund (IMF) has found.
International transportation, especially aviation and shipping, must be “urgently taxed” as that would raise up to $200 billion a year in revenues by 2035, potentially tripling current global climate finance, a paper released by the International Monetary Fund (IMF) has found.


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