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Opalesque Industry Update - The LIFE Organization is partnering with UNITAID, UNESCO and a group of European
NGOs (Oxfam France, CARE France, AIDES, Coordination SUD, Coalition Plus, Stamp
Out Poverty & UBUNTU) for a conference supporting a Financial Transactions Tax
(FTT) to be held Wednesday, September 14, 2011 at UNESCO headquarters in Paris. "The disclosure on the occasion of a report commissioned by UNITAID demonstrating the technical and economic feasibility of an FTT implemented in the short term in France is a strong signal to policy makers. Understanding the benefits of globalization does not exempt to point out its imperfections. Acting now is a response to a real and legitimate need for global solidarity mechanisms," said Jean-Manuel Rozan, Chair of The Life Organization. The LIFE Organization welcomes the broad consensus in favor of a tax on financial transactions among citizens, civil society, and now some Heads of State and Government. "The same way that major European political leaders have embraced the idea of a micro-levy on financial transactions, it is now time for the business and financial communities to act responsibly and take part in its definition and its use for global solidarity. I call on the business and financial communities, banks and funds to join us and take part in this debate. Only they are missing," said Jean-Manuel Rozan. The LIFE Organization aims to gather the financial and international business communities around a modern and responsible vision of international development. For more details: www.the-life.org/en/2011/09/02/conferenceftt/ press release
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Industry Updates
Is a Financial Transactions Tax unavoidable? LIFE conference at UNESCO Paris, Sept. 14
Friday, September 09, 2011
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