AFRICA CLIMATE SUMMIT: Leaders call for global carbon taxation regime following $23 bln of pledges

Published 09:01 on September 6, 2023 / Last updated at 23:04 on September 6, 2023 / / EMEA (Africa, Compliance Markets & Taxes), International (Paris Article 6/PACM, UN Climate Talks), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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African leaders adopted the “Nairobi Declaration” as the curtain closed on the inaugural Africa Climate Summit in Kenya on Wednesday, calling for a tax on fossil fuels, aviation and maritime transport, and a reform of the world financial system that they said penalises African nations with excessively high interest rates.
African leaders adopted the “Nairobi Declaration” as the curtain closed on the inaugural Africa Climate Summit in Kenya on Wednesday, calling for a tax on fossil fuels, aviation and maritime transport, and a reform of the world financial system that they said penalises African nations with excessively high interest rates.


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