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2021 | OriginalPaper | Buchkapitel

Tax, Climate Change, and Sustainable Development: Global Problems, Global Solutions?

verfasst von : Vítor Gaspar, David Amaglobeli

Erschienen in: Economic Globalization and Governance

Verlag: Springer International Publishing

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Abstract

This chapter examines three areas where multilateral cooperation is necessary: climate change, international corporate taxation, and sustainable development. Progress in addressing challenges in all these three areas through global cooperation is crucial. We need to find effective ways to limit the rise in global temperature. Carbon taxation is one of the most effective means. We also need to find a timely, consensus-based solution to revamp the rules-based international tax system. This will help avert a string of unilateral actions by countries to protect their domestic tax base. Finally, the global community should take stronger efforts to support developing countries in meeting the Sustainable Development Goals.

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Fußnoten
1
For the detailed discussion of various proposed schemes, and their pros and cons, please refer to IMF (2019a).
 
2
This implies the publication of the final report providing an agreed solution, with the outlines of the architecture agreed in January 2020 (OECD 2019c).
 
4
However, taking the stock on its implementation in 2012, OECD concluded that only one out of the 13 targets established for 2010 had been met (OECD 2012).
 
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Metadaten
Titel
Tax, Climate Change, and Sustainable Development: Global Problems, Global Solutions?
verfasst von
Vítor Gaspar
David Amaglobeli
Copyright-Jahr
2021
DOI
https://doi.org/10.1007/978-3-030-53265-9_15