The Prime Minister of Spain on climate change, taxes and more

Pedro Sánchez, Prime Minister of Spain, addressed Davos on Wednesday morning.

His speech focused on five major challenges – and the transformations necessary to overcome them – that Spain and the rest of the world are facing:

Here are some of his key quotes on these challenges:

"We say little about taxes, about fiscal justice. And let us not fool ourselves. There can be no social justice without tax justice."

"The climate emergency is a disaster that knows no borders and we are the last generation that will be able to effectively address it."

"Citizens will believe in democracy, if democracy believes in each and every one of them. If it strives to provide them with opportunities."

"Half of the world's population cannot continue suffering sexual aggression, employment discrimination and lower income, but neither can the other half – the men – continue to allow the waste of women's talents and the flagrant violation of the most basic human rights. It is not fair."

"Economic growth at any cost is not acceptable. Growth that widens the social divide is not acceptable. Growth that creates pockets of working poor is not acceptable. We need to grow and distribute at the same time."

"Artificial intelligence, biotechnology and robotics are not mere links in the chain of ongoing economic change, but true levers for total transformation."