Navigating the Nexus: How Taxation Can Drive Economic Stability and Climate Resilience

Amidst the global wave of change, humanity grapples with complex challenges. The World Economic Forum's Global Risks Report 2022-2023 highlights the cost of living crisis as the biggest short-term threat, while the failure to address climate change, natural disasters, biodiversity loss, and environmental damage loom as long-term issues. Governments worldwide face the daunting task of balancing societal demands, environmental protection, and national security. These dilemmas underscore the urgent need for decisive action in navigating the intricate web of priorities.