A Tiny Tax in Europe, a Big Win for Climate?

Global campaigners are pushing European Union countries to be ambitious in targeting a significant portion of revenue from taxing financial transactions to fight climate chaos.

Key Countries, Organizations Call For Innovative Sources of Finance

At a press conference in Durban, South Africa, officials from a diverse set of countries will join civil society leaders to call for innovative sources of finance, including a tax on financial transactions and a fee on emissions from maritime shipping, to be part of a deal in Durban which raises billions of dollars to help fill the Green Climate Fund.