"But a preliminary study presented at the People's Summit a parallel event organized by NGOs and civil society warns the region risks becoming a "sacrifice zone." Environmental experts use the term for areas burdened by pollution, and at risk of resource extraction or industrial projects. The researchers say, in these areas, unfair taxation plays a significant role in multinationals profiting while leaving local communities behind."
""We wanted to show how taxation and climate are deeply connected," Jaco Oelofsen, of the Cape Town based NGO Alternative Information & Development Centre (AIDC), told DW. He adds the findings seek to link climate discussions in Brazil with the United Nations tax convention negotiations in Nairobi, Kenya. The study is part of a forthcoming report from the AIDC, the Brazil's Justica nos Trilhos, and the Philippines-based Asian People's Movement on Debt and Development."
"The organizations presented three case studies from South Africa, Brazil and Philippines illustrating "how mining and gas companies benefit from tax incentives, enable potential tax evasion and illicit financial flows, and raise broader questions about development and climate justice," Oelofsen said. Special Economic Zones The Northern Cape is South Africa's largest and driest province, shaped for more than a century by mining booms that enriched a handful of powerful companies, most famously the diamond industry."
A preliminary study warns that the Northern Cape risks becoming a 'sacrifice zone' as clean-energy expansion coincides with long-standing extractive patterns. Environmental experts define sacrifice zones as areas burdened by pollution and at risk from resource extraction or industrial projects. The research links unfair taxation to multinational profits that bypass local communities. Activists seek more inclusive COP30 resolutions. NGOs present case studies from South Africa, Brazil and the Philippines showing how mining and gas firms benefit from tax incentives, enable potential tax evasion and illicit financial flows, and reinforce questions about development and climate justice.
Read at www.dw.com
Unable to calculate read time
Collection
[
|
...
]