There’s a new effort on the runway to raise climate funds

BELÉM, Brazil — It could eventually be the world’s first wealth tax.

A handful of countries are taking baby steps to impose a fee on private jets and first- and business-class seats on flights taking off from their airports. The proceeds would help all the countries that join the coalition adapt to climate change.

“Those who pollute more should contribute more, and a levy on premium flyers can generate billions for climate resilience, adaptation and sustainable development,”