Date
Tax Justice Network Africa will explore the interlinkages in taxation, climate change, debt, and extractive industries at The United Nations Climate Change Conference (COP 28) in Dubai United Arab Emirates (UAE ).
In a side session, organised by TJNA in collaboration with the African Climate Foundation (ACF), the panellists will centre their conversation on these elements with an aim to bolster financing for development and climate action in Africa.
COP28 brings together tax, finance, climate, and resource governance experts from the African continent and beyond, to unpack the intertwining relationship between the climate crisis, debt, tax, and extractive industries on the continent.
This year, participants will discuss the opportunities and challenges for financing climate action in economies characterised by high levels of resource extraction; and how tax through domestic resource mobilisation can be one approach to address the gap in finance and investment.
TJNA’s Policy Officer, Tax and Natural Resource Governance, Mukupa Nsenduluka, will participate in a panel discussion themed “Tax, Debt and Climate Justice: Reimagining Alternative Financing for Sustainable Development in Africa “
This session builds up on the fact that sustainable financing for development to achieve Africa’s Agenda 2063 aspirations requires fundamentally transforming the international global economy. This includes shifting interconnected trade and investment regimes, international financial architecture, fiscal and monetary policy, and addressing an ever-growing debt crisis in the face of both slow- and rapid-onset climate disasters.
The panel will explore new analysis, building from African perspectives, on approaches to financing climate and it will consist of representatives from the tax justice, debt justice climate justice movements and the Africa Minerals Development Centre (AMDC) to give the AU/regional perspective on the role of critical minerals and their revenue opportunity for Africa.
For more details about our participation, please contact mnsenduluka@taxjusticeafrica.net