COP28 : France and Kenya rallying support for new climate tax within two years

France and Kenya will launch a coalition of countries in favour of creating an international tax within two years that would raise billions of dollars for developing countries most exposed to climate change.

French President Emmanuel Macron told the COP28 climate conference in Dubai that his country, Kenya, Barbados and « several others » were starting an « international taskforce » which will deliver its conclusions at next year’s G20 summit in Rio.

Spain to contribute 20 million euros to climate disaster fund.

Spanish Prime Minister Pedro Sanchez said his country will increase its contribution to the climate disaster fund by 20 million euros.