Icrict

17/06/2026

🚨 Global climate finance is structurally broken, a expert report warns.

Drawing on expert discussions that included ICRICT Co-Chair Jayati Ghosh and Senior Advisor Verónica Grondona, the report finds that current climate finance mechanisms lack clear definitions, enable widespread greenwashing, and continue to neglect adaptation, loss & damage, and gender justice.

The report also highlights how an unfair international tax system limits the ability of Global South countries to raise the resources needed to respond to the climate crisis and invest in gender equality.

Climate justice requires more than funding targets. It requires fairer global financial and tax rules.

📄 Read the report at the link in Story.

GlobalSouth

17/06/2026

A report prepared by UN Women with input from an expert group reveals that global climate finance is structurally broken — lacking clear definitions, enabling widespread greenwashing, and actively excluding adaptation, loss & damage, and gender justice.

Leading economists and tax justice advocates argue that current financial mechanisms reflect colonial power relations, while the international tax architecture deprives Global South countries of the fiscal space needed to address the climate crisis.

Co-Chair Jayati Ghosh and Senior Advisor Verónica Grondona participated in the expert group discussions informing the forthcoming Progress of the World's Women 2026: Gender Equality in the Age of Climate Crisis report.

Jayati dismantled the illusion of current climate finance:

🔹 Climate finance lacks clear definition and coherence — countries can label almost anything as such, leading to widespread greenwashing (gelato shops and film productions have been counted toward the USD 100 billion target).
🔹 Funding remains concentrated on mitigation and green energy; adaptation and loss & damage are systematically neglected.
🔹 Gender continues to be treated as an add-on, appearing in isolated paragraphs rather than being integrated across policy design.
🔹 Quantitative gender indicators often become performative — tracking "how much funding is for gender" risks devolving into box-ticking detached from real outcomes.
🔹 Global climate finance still reflects colonial and protectionist power relations. Carbon trading shifts emissions rather than cutting them, and "green" industrial policies drive extractive practices that displace communities and disproportionately harm women and children in the Global South.

Verónica connected tax justice directly to climate and gender justice:

🔹 Tax evasion and avoidance by multinational corporations and wealthy individuals fundamentally undermine the rule of law and the fiscal capacity of states.
🔹 Tax exemptions for powerful sectors don't just shrink revenue — they limit governments' policy space to act on climate and gender equality.
🔹 The current international tax architecture makes it nearly impossible for developing countries to tax multinationals and high-net-worth individuals, resulting in an overreliance on indirect taxes that disproportionately burden women and the poor.
🔹 The ongoing UN Framework Convention on International Tax Cooperation (2025–2027) represents a critical opportunity — the first time in nearly a century that Global South countries can help reshape international tax rules.

📄 Read the full EGM report:https://www.unwomen.org/sites/default/files/2026-05/expert-group-meeting-report-progress-worlds-women-2026-en.pdf

11/06/2026

💥 Poverty is manufactured by policy choices, starting with unfair tax systems. And what has been manufactured can be dismantled.

In an op-ed published in The Guardian and Le Monde, co-chairs Joseph Stiglitz and Jayati Ghosh and ICRICT commissioner Thomas Piketty, alongside 350+ signatories, present a roadmap to eradicate poverty by transforming the economic rules that produce it: fair taxation of extreme wealth, debt justice, universal public services.

3.4 billion people live in countries that spend more on repaying debt than on healthcare or education. That's not scarcity, it's design.

👉 Read it in The Guardian and Le Monde
SuperRich

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💥 La pauvreté est fabriquée — par des choix politiques, à commencer par des systèmes fiscaux injustes. Et ce qui a été construit peut être défait.

Dans une tribune publiée dans Le Monde et The Guardian, Joseph Stiglitz et Jayati Ghosh, coprésidents de l'ICRICT, et Thomas Piketty, commissaire de l'ICRICT, proposent avec près de 400 signataires une feuille de route concrète:
taxer équitablement les richesses extrêmes, alléger le fardeau de la dette, garantir des services publics universels.

3,4 milliards de personnes vivent dans des pays qui dépensent plus pour rembourser leur dette que pour la santé ou l'éducation. Ce n'est pas la pénurie — c'est un choix.

👉 À lire dans Le Monde et The Guardian (liens en commentaire)

09/06/2026

“Wealth tax is not just to pay government bills — it’s here to change the property structure.”

at the closing of the World Inequality Conference 2026 🏛️ Paris

The Global Justice Report’s proposal: take a big part of billionaire wealth and put it in a public sovereign fund. Not redistribution. Restructuring.

Full report 👉 https://wir2026.wid.world/download/

📌

WorldInequalityLab

08/06/2026

“Tax the super rich. Reform the system. Build a fair global economy.”

🌍 ICRICT Co-Chair Jayati Ghosh made it clear: meaningful change requires more than one reform.
A UN Tax Convention, effective sovereign debt restructuring, and a genuine global financial safety net must work together — for all countries, not just the wealthiest.

Tax justice is the starting point, she stressed at in Paris. A more equitable and democratic international economic system is the goal.

04/06/2026

“The technonationalist project carries an energy and cultural appeal that the internationalist, egalitarian camp currently lacks. The challenge is not just economic or political — it is narrative. Progressives need to offer a vision of the future that feels both desirable and attainable”, said Thomas Piketty— Commissioner and co-director of the World Inequality Lab - WID.world— at the 2026 in Paris.

Without cooperative redistribution of resources and power, Piketty warned, the outcomes on climate, the environment, and social cohesion will be deeply damaging.

His diagnosis: Trump and the wave of nationalist movements spreading across Europe and the world are not going to deliver. But winning that argument isn't enough. The tax justice and social egality camp needs to reclaim the rhetoric battle.

Read the Global Justice Report: https://media.licdn.com/dms/document/media/v2/D4E1FAQHcszvHBQ8pyQ/feedshare-document-pdf-analyzed/B4EZ6RvZB5K0AY-/0/1780561584623?e=1781740800&v=beta&t=L3DKxtzp7n-ue_9lU5ar3B60zJiigXZqLD7CLvcY6z4

29/05/2026

California is voting on a 5% billionaire wealth tax. The super-rich say they'll leave. Gabriel Zucman points out it's already too late to run.
This is the global fight playing out locally. The movement is building.
The News Agents on Resonance FM
👓Read the full paper: nber.org/papers/w35218

29/05/2026

Starting NOW!

🚨Starting soon - there's still time to register:

𝐅𝐨𝐮𝐫 𝐝𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐞 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐰𝐞𝐛𝐢𝐧𝐚𝐫 𝐬𝐞𝐫𝐢𝐞𝐬: 𝐅𝐨𝐫𝐞𝐬𝐞𝐞𝐚𝐛𝐥𝐞 𝐫𝐞𝐥𝐞𝐯𝐚𝐧𝐜𝐞

Exchange of information is a crucial pillar of international tax cooperation, but current debates question how standards like “foreseeable relevance” should be applied and whether existing rules meet the needs of all countries.

This discussion will examine how exchange of information standards are evolving in the negotiations, and what a more inclusive and effective framework could look like.

📅 Friday 29 May 2026
🕐 8:00 New York / 13:00 UK / 14:00 CET / 15:00 Nairobi
🔗Register here: https://taxjustice.net/events/four-definitions-to-change-the-world-webinar-series-foreseeable-relevance/

29/05/2026

"Extreme wealth means extreme power."
Power to cement monopolies. To own the media. To buy elections.
That's why 's proposed 5% wealth tax matters: billionaires are fighting it with disinformation.
— at
His paper: nber.org/papers/w35218

28/05/2026