Published in May 2022, The Loss and Damage Finance Facility: Why and How served as a critical blueprint in the lead-up to COP27. Co-authored by Dr. Sindra Sharma-Khushal, Liane Schalatek, Harjeet Singh, and Heidi White, this seminal discussion paper outlines the urgent necessity, governing principles, and operational modalities required to establish a dedicated financial mechanism for climate loss and damage.

Mobilising substantial new resources is essential to address the climate crisis, particularly for low-income developing countries. A 2025 report authored by Gunther Capelle-Blancard and Avinash Persaud for the Global Solidarity Levies Task Force reveals that expanding Financial Transactions Taxes (FTTs) on equity trading could raise an additional $87 billion per year to fund grants-based climate finance.

Published in July 2025, Ring-Fencing Taxation challenges the bureaucratic claim that earmarking tax revenues is too complex for modern governments. Authored by David Hillman and Miles Litvinoff, the report provides extensive global evidence—from India’s cess tax to the US Social Security payroll tax—proving that hypothecation is a practical, widespread, and highly effective tool for securing funds for urgent public goods like climate action, health, and global development.

Published in June 2025, Fast, Fair, Forever: How Public Finance can Supercharge the Just Energy Transition outlines how public finance must serve as the primary engine for a rapid, equitable shift away from fossil fuels. Authored by Dr. Sindra Sharma and led by project director Harjeet Singh, the paper demonstrates why relying on profit-driven private capital is insufficient and details how public investment, tax reform, and debt relief can secure clean energy access for all

The era of severe climate loss and damage is here, yet the fossil fuel industry continues to evade financial responsibility for the crisis it created. The newly updated 2024 report, The Climate Damages Tax: A guide to what it is and how it works, outlines a transformative policy to levy a fee on fossil fuel extraction. This mechanism promises to raise hundreds of billions of dollars to capitalize the international Loss and Damage Fund while generating a domestic dividend to e

The COVID-19 pandemic proved that trillions of dollars can be mobilized overnight when a global crisis demands it. This first briefing in the Unpacking Finance for Loss and Damage series examines how the scale of the pandemic response teaches us to reset our ambition and rapidly scale up climate finance for the world's most vulnerable countries.

"Reinforcing Resilience: Making the UK a citadel of long-term finance" by Keval Bharadia and Laurey Boughey (September 2019). The graphic features a light green shield containing an upward-trending chart and currency symbols, overlaid on a faded skyline of London featuring the Gherkin and St Paul's Cathedral.

Launched at the UN in New York during the climate strikes, Stamp Out Poverty’s report Billions to Trillions: A Reality Check exposes the dangerous myth that private investors will fill the $1 trillion Sustainable Development Goals funding gap. Authored by Sony Kapoor, the research reveals that relying on private finance delivers at best one-tenth of the required funds while risking severe economic distortions, calling instead for urgent debt relief, tax justice, and global so

Ahead of the 2017 UN summit on climate change (COP23) more than sixty organisations committed to work with us toward establishing a Climate Damages Tax.

Published in July 2004 by the Tobin Tax Network, Sony Kapoor's report outlines a modernised Currency Transaction Tax. This two-tier system proposes a minimal base tax to raise billions for the Millennium Development Goals, alongside a punitive surcharge acting as a circuit breaker to halt devastating speculative currency crises.

Authored by Sony Kapoor of RE-DEFINE, Billions to Trillions: A Reality Check evaluates the international donor community's reliance on "blending" to fund the Sustainable Development Goals. Launched at the 2019 UN Financing for Development Forum, the report outlines why the mobilisation potential of blended finance has been oversold by a factor of ten, and warns that continued blending evangelism is unhelpful to genuine global development.

Published in 2017, this open letter signed by 52 prominent financial industry professionals urges ten European leaders to implement a Financial Transaction Tax. The signatories—including former regulators, bank CEOs, and academics—argue that an FTT will curb dangerous short-term speculation, restore the financial sector's true purpose, and raise vital revenues for the world's poorest.

Published in May 2017, this expert report by Professor Avinash Persaud outlines how modernising the United Kingdom's 322-year-old stamp duty on shares could raise an additional £4.7 billion annually. Discover how closing loopholes and extending the tax to derivatives can curb high-frequency trading and safeguard the post-Brexit economy.

Published in April 2015, this expert analysis by Professor Avinash Persaud demonstrates how closing the intermediary relief loophole in the UK's stamp duty could generate up to £1.9 billion in new revenue. Discover how tightening exemptions can curb tax avoidance by hedge funds and high-frequency traders while securing vital public funds.

Published in September 2014, this detailed report by Professor Avinash Persaud systematically dismantles banking lobby arguments against applying the Financial Transaction Tax to derivatives. Read the full analysis to discover how the residence principle and strict legal enforceability can eliminate tax evasion and secure billions in revenue.

Published in 2014, this critical policy brief examines the application of the EU-11 Financial Transaction Tax to the sovereign bond market. Discover why fears of skyrocketing borrowing costs are unfounded, and how the FTT can actually increase financial stability while generating €6.5 billion in annual revenue for European exchequers.

Published in February 2013, this executive summary of the European Commission's Impact Assessment examines the implementation of a common Financial Transaction Tax across eleven EU Member States via enhanced cooperation. The document outlines strategies to harmonize indirect taxation, prevent Single Market fragmentation, and ensure the financial sector pays a fair contribution toward crisis recovery.

Published in March 2013 by the Institute for Public Policy Research, this report explores solutions to the United Kingdom's triple crisis of stagnation, debt, and structural imbalance. Author Tony Dolphin argues for a new era of collaborative capitalism, proposing a broad Financial Transaction Tax to capitalise a new British Investment Bank and revitalise the broader economy.

Published in December 2012 by the Network for Sustainable Financial Markets, this expert report argues against exempting pension funds from the European Financial Transaction Tax. Discover why an inclusive, exemption-free tax actively benefits pensioners by curbing high-frequency trading, reducing exorbitant management fees, and encouraging long-term market stability.

Published in March 2012 by Intelligence Capital, Professor Avinash Persaud systematically dismantles the banking lobby's arguments against the EU Financial Transaction Tax. Discover how a modest 0.1 per cent levy could raise £48 billion across Europe, boost GDP by 0.25 per cent, and actively protect pension funds from the dangers of high-frequency trading.

Published in March 2012 by Stamp Out Poverty, Financial Transactions Tax: Myth-Busting systematically dismantles twelve persistent misconceptions used by opponents to block financial reform. Authors David Hillman and Christina Ashford prove that a well-designed FTT does not require global implementation, will not harm ordinary pensioners, and can actively generate growth and jobs while raising hundreds of billions for public services and climate finance.

Authored by Stephany Griffith-Jones and Avinash Persaud, this rigorous analysis challenges the European Commission’s economic models regarding Financial Transaction Taxes. Discover how a well-designed levy, based on the stamp duty principle, can actually boost long-term GDP, curtail dangerous high-frequency trading, and raise billions without harming ordinary pensioners.

Published in December 2011, this comprehensive report by Dr Stephen Spratt and Christina Ashford evaluates nine global funding mechanisms to help developed nations meet their $100 billion annual climate finance pledge. Read the full analysis to discover why a portfolio approach featuring a Financial Transaction Tax, is critical for funding mitigation and adaptation.

Published in 2011 by Stamp Out Poverty and the Charity Finance Directors' Group, Better FX provides a comprehensive practical toolkit for UK charities operating internationally. Discover how NGO case studies, competitive tendering, centralised treasury management, and proactive risk hedging can eliminate hidden banking fees and unlock up to £50 million in annual savings for frontline development.

Published in September 2010 by Health Poverty Action and Stamp Out Poverty, this report by Daiana Beitler demonstrates that Financial Transaction Taxes are already a proven, global reality. Read the full review to discover how over 40 countries successfully leverage FTTs to raise billions for public services without distorting their economies.

Published in June 2010, this landmark report by the Committee of Experts to the Leading Group outlines a compelling case for a Global Solidarity Levy. Discover how a centrally collected 0.005 per cent tax on foreign exchange transactions could resolve the "global solidarity dilemma" and raise over $33 billion annually to fund international development and climate change mitigation.

Based on 2007/08 data, this Stamp Out Poverty executive summary reveals a hidden drain on UK international development. Discover how charities lose up to £50 million annually in uncompetitive foreign exchange costs, and how implementing simple competitive tendering could reclaim these missing millions for frontline projects.

Published in December 2006, this detailed report by David Hillman, Sony Kapoor, and Stephen Spratt presents the compelling case for a Currency Transaction Development Levy. Commissioned by the Norwegian Ministry of Foreign Affairs, the publication outlines how a 0.005 per cent levy could provide predictable, long-term funding for the world's most urgent developmental challenges.

Published in September 2006, this comprehensive report by Dr Stephen Spratt details how a unilateral 0.005 per cent stamp duty on sterling transactions could be seamlessly implemented. Discover how taxing the UK's currency market could generate £1.12 billion annually to finance international development without causing market disruption.

Published in September 2006, this highly detailed technical report by Dr Stephen Spratt demonstrates how a unilateral 0.005 per cent levy on euro transactions could be implemented using existing financial architecture. Discover how taxing the euro could raise €3.5 billion annually for global development without distorting international markets.