OECD delegates Kurt van Dender and Pascal Saint-Amans said that carbon pricing will be the next big project on the intergovernmental organisation’s agenda.
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In response to his recent appointment and criticism, Cormann released a statement highlighting climate change as a key challenge, promising to pursue an ambitious, global approach to help countries become carbon-neutral by 2050. He also highlighted finalising a multilateral approach to digital taxation and strengthening OECD outreach into the Asia-Pacific region as other top priorities.
“There is much work to be done, global cooperation on economic, social and environmental policies is more important than ever,” said Cormann. “I can’t wait to get stuck into it.”
Businesses welcome Australia’s international influence
A strong political career as a finance minister in Australia lends Cormann key support from large business leaders, who are expecting greater tax certainty from international cooperation after finalising a multilateral approach to digital taxation. They are also expecting market-based policies and a rules-based international order that promotes a post-pand