What is Stamp Out Poverty and what has it been working to achieve?
Stamp Out Poverty is a network made up of more than 40 UK charities, trade unions and faith groups that has been working on measures to fill the financing gap required to pay for the Millennium Development Goals and is increasingly concerned with how the substantial costs of climate change are going to be met. Stamp Out Poverty has favoured the use of nationally-collected, internationally disbursed solidarity levies, for use towards a commonly agreed Global Public Good , such as treatments for major diseases, improving education or provision of clean water. Stamp Out Poverty is credited with opening up political space around these new innovative sources of development finance. Its flagship campaign is for a Currency Transaction Levy (CTL). It has led the way in demonstrating the technical feasibility of the proposal when applied at a very low rate for the purpose of raising additional revenue for the alleviation of poverty. Some recent landmarks include: February 2006:Establishment of
