France’s Macron calls for international taxation in push for climate solidarity

Issued on: 23/06/2023 – 08:07

During a live appearance on FRANCE24, French President Emmanuel Macron provided an update on the commitments made by France and its partners. He emphasised the need for global cooperation and “mobilisation” in implementing international taxes to support climate action and poverty alleviation.

President Macron urged assistance in identifying countries that currently lack financial transaction taxes (FTT) and taxes on airline tickets. Additionally, he called for support in rallying international taxation efforts at the International Maritime Organisation in July, highlighting the ineffectiveness of unilateral taxation.

Macron also stressed the importance of cooperating with China on international debt restructuration efforts as Beijing has become a major international creditor in recent years. He highlighted the importance of producing a plan in adherence with OCDE practices for financial bailouts and lending.

When discussing the challenge of ecological transition, Macron underscored the importance of not only saving the planet but also reconciling efforts to combat poverty. He stressed the need for greater mobilisation of private funding.

Regarding Senegal, the President expressed the intention to facilitate the country’s exploitation of its gas projects and boost its renewable energy development.

When asked about Russia and its absence from the Paris summit, Macron called for an end to the war and adherence to international law. He emphasised that resuming dialogue with Russia would only be possible if there is a commitment to respecting international law. Furthermore, he accused Russia of being a “power destabilising Africa“.