Deep inequalities persist in today’s world – both between countries and within societies. Currently, 71% of the global population live in countries where socio-economic inequality is rising, and the wealthiest 1% have more wealth than the bottom 95%. These structural disparities are not just a development concern – they pose direct risks to the effectiveness and fairness of climate action.
This paper, also prepared in advance of the 2025 Annual Policy Dialogue, focuses on international tax justice. It advocates for a fairer and more inclusive global tax system, including through support for a UN Tax Convention, minimum tax standards, and strengthened capacity for domestic resource mobilisation.
