The Wall Street Journal recently reported a $40 Billion financing gap to reach internationally agreed targets to combat global warming. As International climate finance talks commence this December in Paris, Georgist, professor at the NYC Henry George School, and economic activist Scott Baker points to an older, yet tried and true financing solution that can be used to help mitigate climate change: Land Value Tax.

Here’s a recent article posted by The International Union for Land Value Taxation that sums up ways Land Value Tax could accomplish this.