Global Leaders Unite for Aviation Tax to Fund Climate Initiatives
Countries including France, Kenya, and Spain announced a plan to impose taxes on premium-class flying and private jets to generate funds for climate and sustainable development. This initiative, part of the Sevilla Platform for Action, seeks to create progressive tax systems and is supported by the Global Solidarity Levies Task Force.
In a groundbreaking move, several nations such as France, Kenya, Spain, and Barbados have pledged to implement taxes on premium-class flights and private jets. This initiative, unveiled at the U.N. development summit in Seville, targets climate action funding.
The Sevilla Platform for Action, inaugurated at the event, aims to develop progressive tax systems and foster international solidarity, enhancing green taxation efforts. Leading the initiative is Spanish Prime Minister Pedro Sanchez, supported by Sierra Leone, Benin, Somalia, and European Commission expertise.
The Global Solidarity Levies Task Force, formed in November 2023, champions this cause to support decarbonization goals of developing nations. Potential taxation sectors include aviation, shipping, oil, and cryptocurrencies. Greenpeace's Rebecca Newsom highlighted the urgency of taxing the oil and gas industries next.
(With inputs from agencies.)
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