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Story summary
- United Nations negotiations for a tax treaty will resume to hold fossil fuel companies accountable for climate damage and to impose a wealth tax on the ultra-rich.
- Developing nations say proposals lack strength, especially on taxing fossil fuel profits.
- The Tax Justice Network notes $492 billion is lost to tax evasion by wealthy individuals and corporations.
- The United Kingdom has shifted to a supportive stance, endorsing the polluter pays principle.
