This episode of Future Perfect | Futur Antérieur, co-hosted by African Futures Lab Director Liliane Umubyeyi and Program Assistant Helene Himmer, features a compelling discussion with Chenai Mukumba, Executive Director of Tax Justice Network Africa - external link, on the urgent need to fund climate reparations.
Mukumba unpacks the enduring economic impacts of colonialism, which have left African nations dependent on extractive industries and disadvantaged in global value chains. The current international financial structure, led by institutions like the IMF and World Bank, she explains, reinforces this dependency and lacks the democratic accountability needed to support meaningful economic reform.
The conversation explores tax justice as a pathway for financing climate reparations. Mukumba details how African countries lose substantial revenue to tax evasion and corporate abuses, proposing that taxes on wealthy individuals, corporations, and fossil fuel industries could provide crucial resources for climate adaptation. Advocating for a democratized global tax framework under the United Nations, Mukumba argues that this shift would better serve Global South nations compared to the OECD-led model, which tends to prioritize wealthier nations’ interests.