Climate inequality is not merely a developmental challenge but a fiscal justice issue. Elucidate the statement. Suggest fiscal instruments to address such inequality.

Topic: Conservation, environmental pollution and degradation, environmental impact assessment Q6. Climate inequality is not merely a developmental challenge but a fiscal justice issue. Elucidate the statement. Suggest fiscal instruments to address such inequality. (10 M) Difficulty Level: Medium Reference: DTE Why the question: Climate Inequality Report 2025, which highlights how wealth concentration drives emission inequality …

Oxfam inequality report: Taxing the ‘obscenely’ wealthy may not be the right solution

GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: IE  Direction: The article highlights that instead of excessively taxing the wealthy, the need of the hour is to raise the income of all to reduce income inequalities.   Context: Evidence of “excessive” wealth concentration …