United Nations Secretary General Antonio Guterres speaks in the course of the 2022 Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons on the United Nations in New York City on August 1, 2022.
Ed Jones | AFP | Getty Images
WASHINGTON — United Nations Secretary-General Antonio Guterres urged governments on Wednesday to tax extreme oil and fuel income because the world grapples with an power disaster triggered partly, by Rusisa’s warfare in Ukraine.
“It is immoral for oil and gas companies to be making record profits from this energy crisis on the backs of the poorest people and communities,” Guterres mentioned in a speech earlier than the worldwide discussion board.
He added that the funds, which equate to $100 billion within the first quarter of this yr ought to as an alternative be used to help susceptible communities.
“This grotesque greed is punishing the poorest and most vulnerable people while destroying our only home,” Guterres mentioned, calling for governments to additionally tackle the mounting local weather disaster.
Guterres added that the results of the Kremlin’s warfare have prolonged past Ukraine’s borders and have exacerbated international meals insecurity, rising power prices and crippling debt all over the world, however particularly in growing international locations.
“Many developing countries drowning in debt, without access to finance and struggling to recover from the COVID-19 pandemic could go over the brink, Guterres warned.
“We are already seeing the warning indicators of a wave of financial, social and political upheaval that would go away no nation untouched,” he added.
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