Financial transaction taxes for climate change

Posted on 09 November 2010    
New and innovative sources of financing are urgently required to address the growing  and  global  challenges  of  climate  change,  biodiversity  loss,  poverty  and  social  injustice. 
Financial transaction taxes (FTTs) are one of the  few  sources of  financing  that  can,  if  designed  properly,  provide  sufficient  funding  to  address  all  these  global  problems,  as  well  as  contribute  to  national  budgets  and  repay  the  debts  remaining  from the global financial crisis.

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