Rajan has devised a formula for creating a flexible carbon tax for who pays how much, and who might receive money because they are below the polluting average globally #AirSolution22 bit.ly/3N6onbe

Rajan: It is not a one size fits all, it allows flexiblity around different country's policies, and even self-financing! An allocation of self-responsibility is almost absent, except for a few of small, developing countries #AirSolution21 #green #carbon bit.ly/3N6onbe

Rajan: Excess forest can also be a reason for "per capita benefits". This may be a more complicated method than a clumsy #carbon tax but more this would be clear and #Transparent #AirSolution22 bit.ly/3N6onbe

Thank you, Prof Raghuram Rajan! Next: Dr Harald HeuBaum Harald Heubaum, SOAS Centre for Sustainable Finance on the global challenge and #COP26 #AirSolution22 bit.ly/3N6onbe

.Harald Heubaum, SOAS Centre for Sustainable Finance: Europeans are convinced that an emissions trading system is the way to go for the whole world #ParisAgreement #AirSolution22 #Sustainability bit.ly/3N6onbe

.Harald Heubaum, SOAS Centre for Sustainable Finance: The debate around the "damage and loss" fund is a political minefield - who pays into the GCIF, countries or companies? #AirSolution22 #challenge #greentransition #carbonemissions bit.ly/3N6onbe

.Harald Heubaum, SOAS Centre for Sustainable Finance: Maybe an ecosystems approach would be better! We must look at the relationship between GCIF and existing funds + policies. How can we bring in the #private sector, if at all? #AirSolution22 bit.ly/3N6onbe

.Harald Heubaum, SOAS Centre for Sustainable Finance: Taxonomies and transparency are two key topics for #Sustainability and #green solutions to #ClimateCrisis #AirSolution22 bit.ly/3N6onbe

Thank you, Harald Heubaum, SOAS Centre for Sustainable Finance! Prof Rajan has a few questions #AirSolution22 #Sustainability #greentransition #carbonemissions #COP26 #Europe #AfricaForward #Asia #India #USA bit.ly/3N6onbe

Thank you, Prof Rajan and Harald Heubaum, SOAS Centre for Sustainable Finance, next up: Titus Alexander #AirSolution22 bit.ly/3N6onbe

.Titus Alexander: We face a very stark future, it is very difficult to cap temperatures and bring them down, both scientifically and politically #AirSolution22 #London #ParisAgreement #Berlin #Tokyo #Beijing #WashingtonDC bit.ly/3N6onbe

.Titus Alexander: I think the #Commonwealth can be key for helping to create a North-South #Coalition of the willing - it would need at least 2 major polluting countries and 4 minor ones #AirSolution22 #carbonemissions #greentransition bit.ly/3N6onbe

.Titus Alexander: The basis of this #Coalition is to exchange allowances from developing countries for money from high polluting countries (developed countries almost always worse polluters) #AirSolution22 #Sustainability #greentransition #CHOGM2022 bit.ly/3N6onbe

.Titus Alexander: Where are 2 large and 4 smaller emittors (of pollution) from each continent to get the ball rolling for #coalitions that offer political incentive to tackle #carbonemissions ? The #Commonwealth of Nations seems best to help #AirSolution22 bit.ly/3N6onbe

Thank you, Titus Alexander! The Q&A is now open! First to speak right now is Prof Rajan. Feel free to follow the link below and submit your questions about #carbonemissions and #greentransition in the chat! #AirSolution22 #CHOGM2022 #COP27 bit.ly/3N6onbe

The Q&A has now closed! Thank you, everyone, for your questions! Now we're having the closing comments from the panel #AirSolution22 bit.ly/3N6onbe

Interesting discussions #Sustainability #ClimateAction #climatefinance continue #ICLEICongress #Malmo 2022 Yunus Arikan CLGF PLATFORMA United Cities Canterbury Climate Action Partnership Ramphal Institute OECD SMEs, Regions, Cities & Tourism

"Climate Finance - Grants or Loans?" webinar Thu, 9 June 16:45 – 17:45 BST, w. Elizabeth Thompson Ambassador of Barbados & Steve Cutts Ramphal Institute #CHOGM2022 CHOGM Rwanda 2022 COP27 Africa - Egypt World Bank Climate Climate Finance The Global Innovation Lab for Climate Finance eventbrite.co.uk/e/climate-fina… Eventbrite

Queen Elizabeth II (1952 - 2022) was Head of the Commonwealth of Nations, a role of great symbolic significance which helped underline the sense of the Commonwealth as a family of nations. She will be missed all over the world. May she rest in peace.

Ramphal has just published on its website a tribute to the late Queen Elizabeth, and condolescences to the royal family. To read it, feel free to follow the link: ramphalinstitute.org/blogs/queen-el…