Exclusive: Macron calls for international taxation system in push for climate solidarity
- 10 months ago
In an interview with FRANCE 24, RFI and franceinfo, French President Emmanuel Macron outlined his vision for tackling the twin issues of climate change and global poverty. Speaking from the Summit for a New Global Financing Pact, which he hosted in Paris, Macron answered questions from Stéphane Ballong (FRANCE 24), Mounia Daoudi (RFI) and Marc Fauvelle (franceinfo).
Macron emphasised the need for global cooperation in implementing an international tax regime to support coordinated action on both climate and alleviating poverty in a live interview. Macron pointed out that France had already implemented taxes on financial transactions (FTT) as well as on air travel, but argued that these measures were ineffective when only implemented in one country and stressed the importance of international mobilisation around climate financing. He also expressed his support in growing international momentum towards a levy on shipping emissions ahead of the upcoming International Maritime Organisation meeting in early July and called for a greater push towards establishing a tax on maritime transport.Chinese debt can be a 'trap' Macron stressed the importance of cooperating with China on international debt restructuring efforts, saying that Beijing has become a major international creditor in recent years, particularly in Africa.But he also said that Chinese debt can become a trap if it rises above a certain "threshold". Macron highlighted the importance of producing a plan, in line with OECD practices, for financial bailouts and lending.When discussing the challenges of a green transition, Macron underscored the importance not only of action on the environment but also on efforts to combat poverty and s... Go on reading on our web site.
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Macron emphasised the need for global cooperation in implementing an international tax regime to support coordinated action on both climate and alleviating poverty in a live interview. Macron pointed out that France had already implemented taxes on financial transactions (FTT) as well as on air travel, but argued that these measures were ineffective when only implemented in one country and stressed the importance of international mobilisation around climate financing. He also expressed his support in growing international momentum towards a levy on shipping emissions ahead of the upcoming International Maritime Organisation meeting in early July and called for a greater push towards establishing a tax on maritime transport.Chinese debt can be a 'trap' Macron stressed the importance of cooperating with China on international debt restructuring efforts, saying that Beijing has become a major international creditor in recent years, particularly in Africa.But he also said that Chinese debt can become a trap if it rises above a certain "threshold". Macron highlighted the importance of producing a plan, in line with OECD practices, for financial bailouts and lending.When discussing the challenges of a green transition, Macron underscored the importance not only of action on the environment but also on efforts to combat poverty and s... Go on reading on our web site.
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