Stamp Out Poverty Campaign : Update - Summer 2005

G8 aid failure makes currency tax more timely than ever

World leaders meeting at the G8 in Gleneagles have put back the date for delivering an extra $50 billion in aid to 2010. The Make Poverty History coalition responded immediately saying: “…the aid will arrive too late and falls far short of the scale needed to end poverty in the world’s poorest countries”.

The announcement of only a very modest aid increase is nothing like the historic breakthrough that millions of people around the world were expecting. Certainly, nothing like the amount experts say is needed to make poverty history. The Stamp Out Poverty campaign has consistently asserted that aid volume through traditional means is growing too slowly. New sources of revenue like the currency transaction tax need to be implemented now to save lives and provide life opportunities that will otherwise be lost.

For our full assessment of the G8 aid announcement click here

All eyes are now turning to the United Nations Millennium Development Goals conference in New York in September, as the next major opportunity to boost development spending.

Urgent Action – please get your MP to sign up to the stamp duty

Literally hot off the press, MPs can now put their names to a motion calling for a stamp duty on sterling currency transactions to fund international aid. Early Day Motion (EDM) 500 was tabled on 5 July by Lorely Burt, MP (Liberal Democrat). Please get your MP to sign it by sending them a quick email – this is remarkably quick and simple to do, thanks to the wonders of the web. Click here to read the EDM, check if your MP has signed it and send them an email to gain their support.

Thank you-your pressure is propelling us forward

Thank you to all who wrote to Gordon Brown in response to our last URGENT ACTION appeal, and thank you to all the Network member organisations whose directors, chief executives and general secretaries also wrote to the Chancellor. This pressure recently led to us having discussions and constructive engagement at the highest levels of Treasury. Thank you for your playing your part in the campaign!

Year of progress leads to aviation tax breakthrough

Unparalleled and unprecedented describes the momentum of the last year. Now an air ticket tax has been agreed setting a precedent for the more general use of taxation by countries working cooperatively to fight poverty. Click here for the story.

Stamping our presence at Glastonbury 2005

Braving torrents of rain and rivers of mud Stamp Out Poverty campaigners made their mark on the world famous festival.

Click here for the story and images.