90 oil, gas & coal producers are responsible for two thirds of our CO2 emissions in the atmosphere. It’s time to make them pay for their climate damage.
Climate change is already here. With less than 1°C of global warming, the impacts of climate change are already severe on the world’s poorest and most vulnerable people. The report is released by the Carbon Levy Project and outlines several cases where developing countries have suffered real loss and damage from climate change impacts.
The Climate Justice Programme (CJP) and the Heinrich Böll Foundation are proposing a new and innovative source of finance: a fossil fuel extraction levy paid by those 90 entities responsible for two-thirds of global carbon emissions. The third and updated edition of the Carbon Majors report, now titled "Big Oil, Coal and Gas Producers paying for their Climate Damage".
More and more individuals, communities, organisations and countries are considering climate litigation as 21 years of talks within UNFCCC have resulted in inadequate climate action. Climate litigation has seen tremendous progress worldwide as recent successful cases against different governments show. This report assesses current and pending climate litigation in the light of the Paris Agreement.
Today, everybody is aware of how much the earth’s climate is changing. We are campaigning for a global climate treaty that is to be overseen by the United Nations. At the same time, we are involved in efforts towards climate change mitigation, the financing thereof, and that the consequent burden be shared in an equitable manner on the local, national, and regional levels – the whole world over.
