International levies on high-emitting activities, such as maritime shipping and fossil fuels, can raise funds for climate finance.
Implement progressive, scalable levies on activities that contribute to climate change, through nationally adopted or coalition-based approaches, to increase funding for mitigation and adaptation while supporting convergence and coordination across jurisdictions rather than relying on a single global instrument.
No Progress
The Global Solidarity Levies Taskforce (GSLT) was launched at COP28 and is co-chaired by Barbados, France, and Kenya.
The GSLT goal is to bring member countries together to identify and build political will around feasible options for climate levies, complementing other global tax initiatives such as the OECD-led two-pillar corporate tax reform effort and the call for a UN tax convention.
The GSLT advanced its work through the presentation of concrete levy options and revenue potential estimates and supported the launch of voluntary coalitions of countries interested in implementing levies on high-emitting activities.
No binding international levy was adopted at COP30, and the agenda moved from exploratory discussions toward implementation-oriented pathways at national and coalition levels.
Cooperation is required between these actors and audiences to drive progress foward in Global Levies on High-Emitting Activities.
Publications and educational material to deepen understanding of Global Levies on High-Emitting Activities.
Text about levies on high-emitting activities and solidarity levies.
Text about levies on fossil fuel emissions, explaining different possible levies.
The Global Solidarity Levies Taskforce (GSLT) was launched at COP28. Its goal is to build political will around feasible climate levy options, complementing other global tax initiatives. At COP30, the GSLT concluded its work by presenting implementable levy options and supporting voluntary, coalition-based and nationally led approaches.
Blueprint for a coordinated minimum effective taxation standard for ultra-high-net-worth individuals. It outlines the rationale, design principles, and implementation options for an internationally coordinated approach to taxing extreme wealth, aiming to reduce tax avoidance, improve equity, and strengthen domestic revenue mobilization across jurisdictions.