- The Leading Group
- Some misconceptions
- “Innovative financing mechanisms are basically just taxes.” FALSE
- “The taxes under consideration are global, supranational taxes.” FALSE
- “Innovative financing affects the smooth running of the market and influences its growth.” FALSE
- “Innovative financing is used as an excuse for States not to deliver on official development assistance commitments.” FALSE
- “Innovative financing for development complicates aid architecture.” FALSE
- The Leading Group in short
- Who are we?
- The Declarations
- Some misconceptions
- The Presidencies
- Japan 2010
- Chile 2009-2010
- Brazil 2006
- Norway 2006-2007
- Korea 2007
- Senegal 2007-2008
- Guinea 2008
- France 2009
- The conference of Paris 2006
- Innovative financing
- At a glance
- International solidarity levy on air tickets
- IFFIm
- AMC
- International Financial Transactions
- President Sarkozy on innovative financing in Copenhagen
- Paris looks for global levy on international financial transactions
- Declaration on the Taskforce on International Financial Transactions for Development
- High-Level Taskforce on International Financial Transactions for Development
- Advances on currency transaction levy
- Climate change
- Fighting tax evasion
- Migrants’ transfers
- Voluntary Solidarity Contributions
- Other initiatives
- Digital Solidarity
- Education
- Forum
- Taskforce
In this section
- - President Sarkozy on innovative financing in Copenhagen
- - Paris looks for global levy on international financial transactions
- - Declaration on the Taskforce on International Financial Transactions for Development
- - High-Level Taskforce on International Financial Transactions for Development
- - Advances on currency transaction levy
- - A tax on finance to help the world’s poor, by M Kouchner
- - CTL in Paris conference: moving forward
- - David Hillman, Stamp out Poverty, Doha
- - CTT
The idea of a contribution on international financial transactions is an old one and was in the air when the Leading Group started work, but it was reactivated when the financial crisis began at the end of 2008. Promoted by NGOs in particular, it is one of the options in the Landau report.
President Sarkozy on innovative financing in Copenhagen
Mr Nicolas Sarkozy, President of the French Republic, spoke on innovative financing during his intervention at the Plenary session of the UN Conference on climate change in Copenhagen:
Who will dare say that we do not need innovative financing to tax financial transactions in order to find the ways of saving the planet from the expected disaster? Who will dare say from this platform ’We have no use for innovative financing’?
For the entire speech, please visit the website of the French presidency
Le 18 December 2009
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