European Parliament
Glyn Ford (PSE ),
in writing
I welcome this debate and resolution looking at innovative ways of raising finance to achieve the Millennium Development Goals, whether it be through a levy on air transport or through a Tobin-type tax on currency transactions. I have supported and campaigned for the latter for almost a decade now and welcome the fact that both France and Belgium have passed the relevant legislation, while it is under consideration in Italy, where last year I gave evidence to the Italian Senate's Finance and Foreign Affairs Committee on the subject.
Whatever the route used to raise funds they must be ring-fenced to help those living in deep poverty, the 1.2 billion living on less than EUR 1 a day, to obtain basic housing and education, water and health care.
I particularly welcome paragraph 7, which will help boost the work of the Stamp Out Poverty campaign run by David Hillman and the Tobin Tax Network.

