Episode 1612 • • 1:36:33 - 1:40:55
1612: Global Donut
UN Global Tax Framework and COP28 Climate Finance
A UN resolution led by African states aims to move global tax rule-making from the OECD to the United Nations. Simultaneously, at COP28, discussions focus on "climate finance," with estimates suggesting $1 trillion to $2.4 trillion is needed annually for developing nations. The hosts interpret this as a move toward a global carbon tax managed by the UN.