Tax the rich to help developing nations fight climate change, UK told

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1. Taxing frequent flyers or ending subsidies for fossil fuels are among the ways the UK could raise money to help developing nations combat [climate change](https://inews.co.uk/topic/climate-change?ico=in-line_link), an analysis by an NGO has found.

   World leaders have descended on the Brazilian city of Belem as the latest annual UN Climate Conference, COP30, begins.

   The UK’s [commitment to the climate talks](https://inews.co.uk/news/how-reevess-budget-could-set-labour-up-for-a-difficult-cop-debut-3370180?ico=in-line_link) has been thrown into question after it was announced the Government would opt out of a flagship fund to protect the world’s remaining tropical rainforests. 

   It is also the first summit to take place since Keir Starmer announced cuts to the UK’s [international aid budget](https://inews.co.uk/news/politics/foreign-aid-cuts-uk-soft-power-threat-china-3555846?ico=in-line_link), a key mechanism to help developing countries prepare for climate change.

   As the latest round of talks begin, analysis by Christian Aid, shared exclusively with *The i Paper*, has outlined three ways the UK could raise money to help developing nations. 

   # How much does the UK owe developing nations? 

   Following fraught negotiations at [last year’s COP29](https://inews.co.uk/news/world/300b-climate-finance-deal-agreed-upon-at-cop29-yet-issues-remain-3397528?ico=in-line_link), developed countries, including the UK, agreed to work towards an overall aspirational target of $1.3tn (£992bn) per year from public and private sources by 2035 towards finance to developing countries.

   The headline goal included an agreed target of $300bn (£228bn) per year from developed countries to developing states by 2035.  

   The agreement is recognition of the fact that developing nations are likely to be worse impacted by extreme weather despite contributing very little to global greenhouse gas emissions.

2. Taxing EVs but not private jet fuel is where we are currently….

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