Global rich must pay more to tackle climate crisis, says architect of Paris deal

Rich individuals in all countries must pay more to tackle the climate crisis, whether through taxes or charges on consumption, one of the architects of the Paris agreement has said.

There is a growing consensus on the need for some kind of global wealth tax, with Brazil, which will host the Cop climate summit next year, an enthusiastic supporter.

Meanwhile, poor countries are struggling to raise the estimated $1tn (£785bn) a year of external finance needed to help them cut emissions and cope with the impacts of the climate crisis.

Another proposal is for a frequent flyer levy, as the richest people tend to take far more flights – in any year about half of the people in the UK do not fly, for instance. Laurence Tubiana, the chief executive of the European Climate Foundation, said a levy could be targeted at business class and first class seats.

Other possible sources of revenue include a carbon tax on international shipping, which could raise billions without disrupting global trade, according to research from the World BankLevies on fossil fuels could also play a role.

The richest 1% of people in the world are responsible for more greenhouse gas emissions than the 66% at the other end of the scale, yet they experience little of the vulnerability to climate shocks that are causing suffering and death, mainly among poorer people.

Tubiana said: “This inequality is true not only between developed countries and developing ones, but within each country – the 1% of rich Chinese, or the 1% of very rich Indians, or the US citizen – they have a lifestyle which is very, very similar, in terms of overconsumption. That’s where your carbon footprint comes in.”

Failing to address these inequalities could damage public acceptance of the measures needed to tackle the climate crisis, she said in an interview with the Guardian. “If you want to avoid a real conflict, we have to put the social justice element upfront. It’s legitimate to talk about taxation, with the immense elements of climate impact, and the need to mobilise more funding to respond to the transition [to a low-carbon economy] and adaptation [to the impacts of extreme weather].”

Tubiana is co-chair of the International Tax Task Force (ITTF), an initiative spearheaded by the governments of Barbados, France and Kenya, and set up at last year’s UN climate summit, to examine ideas for raising the sums needed.

Climate finance will be the key focus of this year’s UN climate summit, Cop29, in Azerbaijan. Government representatives were gathering on Monday in Bonn, Germany, where the UN framework convention on climate change secretariat is based, for a fortnight of preliminary talks, where officials will test the waters for some of the key proposals.

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