Petista says that political will is lacking to invest in underdeveloped countries in the energy transition and environmental protection
The President (PT) charged this Thursday (17.jun.2025) during 2nd intervention at the G7 summit in Kananaskis (Canada), that a taxation of super rich is applied. He said that political will lack to invest in underdeveloped countries in the energy transition and environmental protection.
“International tax cooperation is another crucial front in reducing inequalities. Taxing 2% over the assets of super rich individuals could generate $ 250 billion a year to face the social and environmental challenges of our time.”he declared.
According to Lula, worldwide military expenses increased by 9.4% last year, showing that there are resources, but there is no political will.
“In 2024, rich countries reduced their official development aid by 7.1%. Last year we left COP [Conferência das Partes] of Baku with disappointing results. Through the Baku-Belém path map, the Brazilian presidency of COP30 [30ª Conferência das Nações Unidas sobre Mudança do Clima] And Azerbaijan are working to reverse this picture ”these.
The president announced the creation of the Forest Forests Faults Forever, which will be launched during COP30, in November this year, in Belém (PA).
“We are developing a tool that will allow us to protect these biomes through positive incentives, without resorting to punitive measures […] Vthere remunerate the ecosystem services we provide to the planet ”he said.
Read the full 2nd speech of Lula in the G7:
“The energy transition is already a reality, but there is much to do to be fair.
“According to the International Energy Agency, 2 billion people do not have clean fuels to cook food.
“About 700 million do not have access to electricity.
“It is as if the populations of Brazil, the United States, Canada, Mexico and France add to the dark.
“It is not possible to reverse this picture without cooperation.
“An inclusive energy transition depends above all resources.
“But we face a bleak scenario of financing scarcity.
“The unfulfilled promises add up to deliberate cuts and setbacks.
“The Kyoto Protocol was a symbol of our collective failure.
“The 100 billion per year provided for in Copenhagen COP15 have never been hit.
“In 2024, rich countries reduced their official development aid by 7.1%.
“Last year we left Baku’s COP with disappointing results.
“Through the Baku-Belém path map, the Brazilian presidency of COP30 and Azerbaijan are working to reverse this picture.
“We hope that Spanish government efforts will get more encouraging outcome at the Seville Conference on Development Financing later this month.
“Military expenses increased 9.4% last year.
“This shows that it is political will – and not money – what is missing.
“International tax cooperation is another crucial front to reduce inequalities.
“Taxing 2% of the assets of super-rich individuals could generate $ 250 billion a year to face the social and environmental challenges of our time.
“G7 members have more than 40% of the voting power in the World Bank and the IMF.
“Making these institutions more representative is crucial to bringing them closer to the needs of the global south.
“Indebted countries do not have the means to transform their energy matrices.
“Instruments such as development debt exchange and the issuance of special withdrawal rights can mobilize valuable resources.
“It is urgent to bureaucracy to access climate funds and invest in innovative mechanisms.
“Over the years, the rich countries, larger in climate change, have demanded action from developing countries in the preservation of our forests.
“We are developing a tool that will allow us to protect these biomes through positive incentives without resorting to punitive measures.
“The Forest Forest Fund forever, which we will launch in Belém, will remunerate the ecosystem services we provide to the planet.
“The world will need new sources to meet the energy demand of the digital revolution.
“New technologies are unprecedentedly concentrated in the hands of a small number of people and companies, based in an even smaller number of countries.
“BRICS is united in defense of the multilateral governance of artificial intelligence, necessary for its advance to occur in favor of all humanity and the environment.
“It is impossible to follow indefinitely with a growth model based on fossil fuels.
“Nationally determined contributions are essential to forge new development paradigms.
“Without ambitious goals we will not prevent global warming from exceeding a degree and a half.
“Few countries are up to date with this obligation.
“Brazil will reduce its emissions between 59 and 67% by 2035 in all economic sectors, covering all greenhouse gases.
“I count on the participation of all present in COP30 in the heart of the Amazon.
“Belém will be a test for global leaders to show the seriousness of their commitment to the future of people and the planet.
“Thanks.”
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