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Petition is successful with 129 signatures
To: G20 Summit Heads of State, G20 Heads of State
Tell the G20 World Leaders to #TaxTheBillionaires!
The G20 has recognized the need to effectively tax billionaires worldwide. This commitment is recorded in the meeting's Final Declaration, reinforcing the urgency of tackling wealth concentration and inequality.
On November 18th and 19th, the G20 will gather the world's top leaders in Rio De Janeiro, Brazil. At this meeting, the leaders will have the power to redefine the course of critical issues like climate change. It is a unique opportunity to pressure them to include in the final leaders' declaration the creation of a climate adaptation fund for poor countries impacted by extreme events, funded by a billionaire tax. After all, climate justice means that those who pollute the most should pay the bill.
Why is this important?
The climate crisis is not in the future; it is already here, hitting the most vulnerable: poor countries, forest peoples, river communities, slum dwellers, and rural populations who suffer from floods, droughts, and extreme temperatures. These people, who contributed the least to the problem, are paying the highest price. While the planet collapses, the richest continue to accumulate their fortunes, shielded in their bubbles.
This proposal is based on the studies of Esther Duflo and Gabriel Zucman, economists whom the Brazilian government has taken as a reference to move forward in the G20 debate. It is absurd that this hasn’t advanced yet. A 2% wealth tax on 3,000 billionaires could fund much of the climate adaptation for over half of the world's population!
The urgency is real, and the G20 will be the perfect stage for this change, with the world's most powerful leaders gathered. But we have little time because negotiations for the final meeting text began on 22 October 2024! That's why we need to be many voices.
Together, let’s pressure the 20 global leaders and demand that the climate crisis be addressed in a fair and just way.
What is the G20?
The G20, also known as The Group Of Twenty, is the premier forum for international economic cooperation comprised of 19 countries ((Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States) and two regional bodies: the European Union and the African Union (as of 2023). It plays an important role in shaping and strengthening global architecture and governance on all major international economic issues [1].
Currently, Brazil holds the G20 Presidency. Previously, India held the Presidency from 1 December 2022 to 30 November 2023. On 1 December 2024, South Africa will officially take over the G20 Presidency until November 2025, making it the last country in the Global South to hold the presidency.
[1] https://www.g20.in/en/about-g20/about-g20.html#:~:text=The%20Group%20of%20Twenty%20.
This proposal is based on the studies of Esther Duflo and Gabriel Zucman, economists whom the Brazilian government has taken as a reference to move forward in the G20 debate. It is absurd that this hasn’t advanced yet. A 2% wealth tax on 3,000 billionaires could fund much of the climate adaptation for over half of the world's population!
The urgency is real, and the G20 will be the perfect stage for this change, with the world's most powerful leaders gathered. But we have little time because negotiations for the final meeting text began on 22 October 2024! That's why we need to be many voices.
Together, let’s pressure the 20 global leaders and demand that the climate crisis be addressed in a fair and just way.
What is the G20?
The G20, also known as The Group Of Twenty, is the premier forum for international economic cooperation comprised of 19 countries ((Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States) and two regional bodies: the European Union and the African Union (as of 2023). It plays an important role in shaping and strengthening global architecture and governance on all major international economic issues [1].
Currently, Brazil holds the G20 Presidency. Previously, India held the Presidency from 1 December 2022 to 30 November 2023. On 1 December 2024, South Africa will officially take over the G20 Presidency until November 2025, making it the last country in the Global South to hold the presidency.
[1] https://www.g20.in/en/about-g20/about-g20.html#:~:text=The%20Group%20of%20Twenty%20.