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Published on: 05. May 2025

Climate financing: USA against new climate taxes and abolition of fossil fuel subsidies.

The Trump administration wants to block reforms to improve international climate financing. It opposes a reform of the international financial system, rejects new climate levies (solidarity levies), and wants to reverse the long-standing consensus on the abolition of inefficient fossil fuel subsidies.

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Last updated: 24. July 2025
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