on downside

Nairobi Declaration proposes global carbon tax as climate talks intensify

By Herald Aloo

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Posted on September 15, 2023 10:02

Djibouti President Ismail Omar Guelleh shakes hands with South Sudan’s President Salva Kiir while Kenya’s President William Ruto laughs with Ethiopia’s President Sahle-Work Zewde at the media briefing after the close of the Africa Climate Summit (ACS) 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya, September 6, 2023. REUTERS/Monicah Mwangi
Djibouti President Ismail Omar Guelleh shakes hands with South Sudan’s President Salva Kiir while Kenya’s President William Ruto laughs with Ethiopia’s President Sahle-Work Zewde at the media briefing after the close of the Africa Climate Summit (ACS) 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya, September 6, 2023. REUTERS/Monicah Mwangi

The tax aims to facilitate the transition to clean energy and foster the polluter pays principle.

Access and custody of funds from the global carbon tax proposed in the Nairobi Declaration, a build-up of the recently concluded Africa Climate Summit (ACS) 2023, is the next scuffle ahead of the implementation push.

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