Since the first Industrial Revolution, goods and technologies have reached the farthest corners of the world, but the ability to design, build, market, and extract value from them has remained highly concentrated. Unless humanity can break this pattern, a sufficient response to climate change will remain out of reach.
OECD rules won’t save Asian revenues or fund climate resilience. The upcoming UN Tax Convention negotiations offer our best chance to rebuild a broken system.
On 27 January, a landmark ruling on high-earning individuals and large corporations by Pakistan's newly-established Federal Constitutional Court provided a "powerful blueprint" in seeking an overhaul of the international tax system.
Neglecting to address the mining industry’s human rights violations and environmental destruction could undermine the bloc’s efforts to ensure access to raw materials and to mitigate climate change.