WASHINGTON, Sept 23 (Reuters) - Microsoft founder Bill Gates on Friday backed a controversial financial transactions tax to aid development in poor countries but France acknowledged that most G20 countries did not like the idea.
The Gates Foundation was tasked by French President Nicolas Sarkozy to examine ways the Group of 20 leading economies could raise new money for the world's poor, including plugging an estimated $80 billion to $100 billion funding gap to tackle climate change.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!