Stamp Out Poverty has been working since 2005 on new and innovative sources of finance to fight poverty and climate change at home and abroad.
We helped create the political space for new funding initiatives, such UNITAID and the International Finance Facility for Immunisation (IFFIm), which between them have now generated more than $3billion for vaccination and treatment of HIV/Aids, TB and malaria in the developing world.
Stamp Out Poverty is one of the founding members of the Robin Hood Tax campaign, a coalition of more than 100 UK organisations (including Oxfam, Unite and War on Want) working towards the implementation of Financial Transactions Taxes (FTTs). FTTs are small levies (between 0.5% and 0.005%) on the trading of stocks, bonds, derivatives and foreign exchange carried out by financial institutions (not individuals).
The demand of the Robin Hood Tax campaign that the financial sector should pay a modest financial transaction tax going forward is practical, just and timely and should be adopted by decision makers across the political spectrum.