Proposal to tax business class flights, crypto and plastics at UN climate talks
“It is a difficult job, but it is a crucial job,” says Dr Wesley Morgan, climate diplomacy specialist at the University of New South Wales. “It is the grand bargain of the global climate negations. The wealthy nations that put most of the emissions into the atmosphere historically are helping to pay for the developing world to take a cleaner path in future. It is the only hope we have of stabilising the climate.”
Fortescue executive chairman Andrew Forrest at COP29 in Baku.Credit: Bloomberg
He said Bowen’s appointment to co-chair the finance negotiation demonstrated Australia’s growing stature within the UN climate process.
This is perhaps why there is such interest in developing new methods of raising large sums of…
