Companies have become expert at concentrating their profits in jurisdictions with low or zero corporate tax rates. That tax dodge — which is entirely legal — will become much less attractive once this agreement comes into force.
The Group of Seven (G7) leading industrialized nations’ commitment to immediately share at least 870 million doses of COVID-19 vaccines, supporting global access and helping to end the acute phase of the pandemic.
The initiative is a joint collaboration between the Palestinian startup Young Explorer, an online platform that offers consultations and information to parents of children with difficulties, and the Pakistani-Saudi technology group Educast.
In addition to improving public access to environmental information and encouraging public participation in environmental policymaking, the treaty also requires participating countries to protect environmental human rights defenders.
“This is a historic step forward towards transforming how we view and value nature. We will no longer be heedlessly allowing environmental destruction and degradation to be considered economic progress” said UN Secretary-General António Guterres.
In response to the COVID-19 pandemic, several countries initially restricted food exports, raising concerns that poor consumers in net food-importing countries would face difficulties in accessing food.