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Raise taxes on firms that harm nature, OECD tells G7 countries

Sharer: Science|The-Guardian May 7, 2019 at 8:00 am
Link Share :https://www.theguardian.com/environment/2019/may/07/raise-taxes-firms-harm-nature-oecd-g7 - via RSS

Report calls for change of priorities and culture to avert catastrophic biodiversity loss

Governments need to ramp up investment in nature restoration and raise the tax burden on companies that degrade wildlife, according to recommendations made to the G7 group of rich nations.

The proposals are part of a growing debate on how to radically change humanity’s relationship with nature in the wake of a new UN mega-report that showed an alarming decline in the Earth’s life-support systems.

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tags:Biodiversity Conservation OECD G7 Business Environment Global-economy Economics Science World-news Wildlife

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