{"id":1455,"date":"2025-06-17T10:38:26","date_gmt":"2025-06-17T10:38:26","guid":{"rendered":"https:\/\/solidaritylevies.org\/?p=1455"},"modified":"2026-03-13T13:30:09","modified_gmt":"2026-03-13T13:30:09","slug":"fttstudy","status":"publish","type":"post","link":"https:\/\/solidaritylevies.org\/sw\/fttstudy\/","title":{"rendered":"Levies on Equity Transactions to Finance Climate Action"},"content":{"rendered":"
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Mobilising substantial new resources is essential to address the climate crisis, particularly for low-income developing countries disproportionately affected by its impacts. Financial Transactions Taxes (FTTs) on equity trading, already implemented in several countries and generating around $17 billion annually, represent an underutilised but promising revenue stream. Drawing on existing implementations, particularly in France and the UK, the paper evaluates legal feasibility and revenue potential. We argue that expanding and harmonising such levies \u2014 designed with simplicity, enforceability, and fairness in
\nmind \u2014could raise an additional $87 billion per year, significantly contributing to climate action, especially
\nrelated loss and damage needs. In the context of the Global Solidarity Levies Task Force (GSLTF) initiated
\nat COP28, the study highlights the FTT as a technically feasible, low-cost, and non-distortive mechanism
\nto raise climate finance quickly and effectively, fulfilling the criteria sought by GSLTF and offering a practical path forward in the broader effort to scale up international development and climate funding. The study has been written by Gunther CAPELLE-BLANCARD and Avinash PERSAUD on behalf of the task force. <\/p>\n<\/div>\n Pakua<\/a>\n \n\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":16,"featured_media":3367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11],"tags":[20,34],"hidden_tags":[],"acf":[],"yoast_head":"\nLevies on Equity Transactions to Finance Climate Action | Global Solidarity Levies Task Force<\/title>\n<meta name=\"description\" content=\"The Global Solidarity Levies Task Force brings together countries from around the world to advance options for international levelies that will raise much needed revenue for the fight against climate change, and to support development and nature.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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