Back to All Events

Cap and Share: unlocking $5 trillion for climate finance

How can we end fossil fuel extraction, make polluters pay, and redistribute wealth - all at the same time? This panel, hosted by Equal Right and FEASTA, will introduce Cap and Share, a bold and practical system to cap global fossil fuel production, make polluters pay, and share the revenues directly with the people of the world. Designed to generate over $5 trillion annually for climate action, including a universal dividend capable of ending extreme poverty globally, Cap and Share is a game-changing approach to achieving climate justice and financing a just transition. Aimed at activists, policymakers, researchers, and citizens interested in climate finance and global justice, this session will explore how Cap and Share can complement existing global initiatives, such as the Fossil Fuel Non-Proliferation Treaty, and empower ordinary people in the fight against climate breakdown. It will also explore steps already being taken by climate-vulnerable countries like Malawi and Palau to explore how this ambitious system could be implemented using a phased approach, and the leadership role Ireland could play in making this happen.

Previous
Previous
20 November

A Global Commons Fund for Climate Justice in Palau and beyond