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‘Polluters must pay’: UN chief calls for windfall tax on fossil fuel companies
by UN News, agencies
 
Sep. 2022
 
Countries should impose windfall taxes on fossil fuel companies and divert the money to vulnerable nations suffering worsening losses from the climate crisis, the United Nations secretary general has urged.
 
Antonio Guterres said that “polluters must pay” for the escalating damage caused by heatwaves, floods, drought and other climate impacts, and demanded that it was “high time to put fossil fuel producers, investors and enablers on notice”.
 
“Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies,” Guterres said in a speech to the UN general assembly on Tuesday. “Those funds should be redirected in two ways – to countries suffering loss and damage caused by the climate crisis and to people struggling with rising food and energy prices.”
 
Guterres’s appeal came in his most urgent, and bleakest, speech to date on the state of the planet, and the will of governments to change course.
 
His first words were: “Our world is in big trouble.”
 
“Let’s have no illusions. We are in rough seas. A winter of global discontent is on the horizon, a cost-of-living crisis is raging, trust is crumbling, inequalities are exploding and our planet is burning,” he told the assembly. “We have a duty to act and yet we are gridlocked in colossal global dysfunction. The international community is not ready or willing to tackle the big dramatic challenges of our age.”
 
The lacerating speech, delivered at the UN headquarters in New York, echoes calls from activists, and the European Union, to tax major oil and gas firms currently enjoying record profits in the wake of Russia’s invasion of Ukraine. In July, Exxon announced it had made a record quarterly profit of $17.8bn, while Chevron unveiled its own three-month record profit, of $11.6bn. BP, meanwhile, made a $8.5bn profit in the same period.
 
Under Guterres’s proposal, revenue from the taxes would flow to predominantly developing countries suffering “loss and damage” from global heating, to be invested in early warning systems, mopping up from disasters and other initiatives to build resilience. Vulnerable countries are poised to leverage the UN general assembly week to ask rich nations for a “climate-related and justice-based” global tax to pay for loss and damage.
 
Guterres has previously accused governments of having an “addiction” to fossil fuels and has called new investments in oil, coal and gas “moral and economic madness”.
 
But his speech on Tuesday was particularly pointed, delivered on the dais of the UN general assembly and following the secretary general’s recent visit to Pakistan, where floods from what he called “a monsoon on steroids” have submerged a third of the country and displaced millions of people.
 
“Our planet is burning,” Guterres said, calling on world leaders to to end their “suicidal war against nature”.
 
“The climate crisis is the defining issue of our time,” he added. “It must be the first priority of every government and multilateral organization. And yet climate action is being put on the back burner – despite overwhelming public support around the world.”
 
“We have a rendezvous with climate disaster … The hottest summers of today may be the coolest summers of tomorrow. Once-in-a-lifetime climate shocks may soon become once-a-year events. And with every climate disaster, we know that women and girls are the most affected. The climate crisis is a case study in moral and economic injustice.”
 
Governments must stage an “intervention” to break their addiction to fossil fuels, Guterres said, by targeting not only the extractive companies themselves but the entire infrastructure of businesses that support them.
 
“That includes the banks, private equity, asset managers and other financial institutions that continue to invest and underwrite carbon pollution,” said the secretary general.
 
“And it includes the massive public relations machine raking in billions to shield the fossil fuel industry from scrutiny. Just as they did for the tobacco industry decades before, lobbyists and spin doctors have spewed harmful misinformation. Fossil fuel interests need to spend less time averting a PR disaster – and more time averting a planetary one.”
 
Guterres said it was “high time to move beyond endless discussions” and deliver finance for vulnerable countries and for wealthy nations to double adaption funding by 2025, as they promised to do at UN climate talks in Scotland last year. A further round of talks, known as Cop27, will take place in Egypt in November, in which loss and damage is set to be a central issue.
 
Although governments have agreed to restrain global heating to 1.5C above pre-industrial times, almost all countries are lagging in their efforts to cut greenhouse gas emissions quickly enough to avoid this level of heating and therefore avert catastrophic climate impacts.
 
Emissions have already rebounded to pre-pandemic levels and an analysis this week showed there are plenty of known fossil fuel reserves in the world still left to burn – enough to unleash 3.5tn tons of greenhouse gases, which would smash the carbon budget before we get to 1.5C seven times over.
 
http://news.un.org/en/story/2022/09/1127071 http://www.theguardian.com/world/2022/sep/20/un-secretary-general-tax-fossil-fuel-companies-climate-crisis http://www.srpoverty.org/2022/10/17/press-release-increase-benefits-and-wages-in-line-with-inflation-or-lives-will-be-lost-un-poverty-expert/ http://unctad.org/press-material/unctad-warns-policy-induced-global-recession-inadequate-financial-support-leaves http://policydialogue.org/publications/working-papers/end-austerity-a-global-report-on-budget-cuts-and-harmful-social-reforms-in-2022-25/


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It’s time we all come together to address the global food crisis
by Abdulla Shahid, Gabriel Ferrero de Loma-Osorio
UN Committee on World Food Security (CFS)
 
Aug. 2022
 
It’s time we all come together to address the global food crisis, by Abdulla Shahid, Gabriel Ferrero de Loma-Osorio.
 
As parents and global citizens, we are very worried about the cost-of-living crisis that the world is facing – the worst in over a generation. The interlinked shocks of the COVID-19 pandemic, climate change and conflicts have thrown the global food, agricultural, financial and energy systems and markets into turmoil.
 
The ongoing war in Ukraine has added fuel to the already precarious poverty, hunger and malnutrition situation. Besides its tragic humanitarian toll, the war is extending human suffering to all corners of the world through widespread disruptions to the planting, harvesting, transport, and export of major agricultural commodities from the Black Sea region.
 
The war has also disrupted prices of and access to inputs like fuels and fertilisers. And in this context, we welcome the grain trade deal which offers a lifeline to millions, and strongly urge all parties to honour the agreement.
 
Even before the war, hunger and malnutrition were on the rise globally, with an unacceptable 823 million people going hungry in 2021 according to the recent edition of the State of Food Security and Nutrition in the World report by five United Nations agencies, including FAO, IFAD, UNICEF, WFP and WHO.
 
That said, the war has pushed an additional 50 million people into severe hunger in 2022 across the world. With food prices continuing to rise, another 19 million more people are expected to face chronic undernourishment globally in 2023.
 
These are not mere statistics but real people around the world, from Cairo to Caracas, Dhaka to Donetsk, who are going to bed hungry.
 
While everyone is squeezed by food price inflation, the poor are the hardest hit, especially in developing countries, where food accounts for half of a typical family’s budget.
 
They are finding it more and more difficult to afford the food needed to nourish their families, and are being forced to reduce food intake, sell their productive assets, or take their children out of school.
 
As a result, we are seeing years of progress in reducing hunger and poverty reversed, undermining efforts to achieve the Sustainable Development Goals (SDGs) by 2030 while exacerbating inequalities. The World Bank warns that the war in Ukraine is likely to plunge up to 95 million people into extreme poverty, making 2022 the second-worst year ever for poverty alleviation, behind only 2020.
 
The growing number of export bans and trade restrictions on wheat and other commodities are making the crisis worse. These actions are counterproductive and they must be reversed.
 
We note that representatives from more than 100 World Trade Organization member countries have recently taken action to step up their efforts to facilitate trade in food and agricultural products and reaffirmed the importance of refraining from export restrictions. In addition, the Group of Seven, which includes major food exporters like Canada, the European Union, and the United States, has pledged to avoid export bans and other trade-restrictive measures.
 
Food insecurity and malnutrition will remain a key challenge given the intensification of its drivers, including conflict, climate variability and extremes, and economic slowdowns, combined with the high cost of nutritious foods and growing inequalities.
 
In challenging circumstances like this, we are all called to come together, united in common responsibility, to address and solve the problem. As the UN secretary-general says: “It takes a world to fix the world.” For us, inaction is not an option.
 
We call on the international community to urgently support affected people, communities and countries through coordinated action. To succeed, all of us must work together to ensure our actions to address the crisis converge. Millions of lives are at stake and the world’s most vulnerable do not have the luxury of time for duplication or wastage of efforts.
 
Thankfully, we know what we need to do, together, to raise our ambition and deliver concrete actions.
 
First, stepping up humanitarian response for those already in need. However, addressing this crisis and the vicious cycles it creates calls for an approach that looks at the emergency today with our focus firmly fixed on strengthening livelihoods against future shocks.
 
Second, urgent stabilisation of markets, debt and commodity prices to immediately restore the availability, accessibility and affordability of food to enable all people everywhere to realise their right to food. We urge countries to continue releasing strategic food stockpiles and inputs into markets, minimise hoarding and other speculative behaviour, and avoid unnecessary trade restrictions.
 
Third, encourage increased local production by family farmers, small-scale food producers, small or medium-sized enterprises (SMEs) and cooperatives, as well as increased consumption of diverse food varieties; diversify sources of imported foods; and reduce food loss and food waste.
 
Fourth, restore fertiliser availability ensuring sustained and affordable access by smallholders and family farmers. This should go hand-in-hand with transformation to sustainable and inclusive production, including a commitment to increased efficiency in the use of energy and fertilisers, unleashing the potential of agroecology and other innovative approaches to sustainable agriculture.
 
Fifth, reinforce social protection systems needed to prevent vulnerable communities from sliding into poverty and furthering malnutrition. Examples of such measures include the time-proven school meals programme to address the impact of this crisis on children’s malnutrition, or cash transfer programmes to boost the purchasing power of poor households.
 
Sixth, countries need financial resources and the fiscal space to support strong national responses to the crisis. We need to fund existing international financing mechanisms; with the IMF and the international financial institutions (IFIs) playing an essential role. We urge countries that were proposing cuts to Official Development Assistance (ODA) commitments to reconsider their decisions and instead respect the target to direct 0.7 percent of their national incomes to ODA.
 
Lessons from the 2007-08 food crisis, as well as from the COVID-19 pandemic more recently, show that meaningful and principled policy response should support country-led coping strategies that involve all of society: from farmers to consumers, civil society, and businesses, especially those most affected by the food crisis.
 
The UN secretary-general’s Global Crisis Response Group is providing joint analysis and policy recommendations from the whole of the UN System. We must ensure that our responses are consistent with and guided by the SDGs, which are the comprehensive blueprint for sustainable development.
 
Importantly, we must remain committed to sustainable transformation of our food systems. Only then will we deliver sufficient, safe, affordable, and nutritious food for all people, provide employment and income particularly in rural areas, while at the same time fully respecting planetary boundaries.
 
The imperative to act on the transformation of our food systems is greater now than ever. We must do everything possible to end this food crisis and forestall future ones. We have the tools and resources to make it happen. It is time to act together to ensure no one is left behind.
 
* Abdulla Shahid is the 76th President of the United Nations General Assembly; Gabriel Ferrero de Loma-Osorio is the Chairperson of the UN Committee on World Food Security (CFS), extract published by Al Jazeera.
 
* Statement to the UN General Assembly meeting on Coordinating Policy Responses to the Global Food Crisis by the Civil Society and Indigenous Peoples’ Mechanism of the Committee on World Food Security: http://bit.ly/3dBlKl7
 
http://www.fao.org/cfs/cfs-hlpe/en/ http://news.un.org/pages/global-crisis-response-group/ http://bit.ly/GCRG-BRIEF-03 http://bit.ly/GCRG-Brief-02 http://bit.ly/GCRG-Brief-01 http://interagencystandingcommittee.org/deputies-group/iasc-key-messages-global-humanitarian-impact-high-food-fertilizer-and-fuel-prices http://www.icrc.org/en/document/multilateral-efforts-needed-stem-rising-costs-global-food-staples-and-decline-livelihood http://www.ohchr.org/en/press-releases/2022/10/time-coordinated-action-address-food-crisis-and-create-global-plan-un-expert http://www.wfp.org/publications/wfp-global-operational-response-plan-update-6-november-2022 http://www.wfp.org/publications/wfp-global-operational-response-plan-update-5-june-2022 http://sdg.iisd.org/commentary/guest-articles/fao-report-paints-a-bleak-picture-of-sdg-achievements/


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