According to the IMF, developing countries lose between $200bn (€165bn) and $300bn in tax revenues every year — far more than they receive in aid. We applaud the recognition by the G7 that tax havens need to be made obsolete and that the right to tax profits ought to be fairly distributed across countries. This means that the benefits for the world’s poorest countries are marginal. If people care about the oceans, we must stop treating the fishes as a commodity, and stop hunting them and destroying their ecosystems. Maybe one day we will stop trying to salve our consciences with a sometime-in-the-future-we-will-conserve-a-small-percentage-of-the-ocean goal and start making real changes today.

Source: Irish Examiner June 10, 2021 08:08 UTC