News

Make your Tag

Robin Hood Tax Campaign

17 Feb 2010
UNICEF UK is supporting the Robin Hood Tax Campaign.
A Robin Hood Tax Campaign poster.
UNICEF UK is supporting the Robin Hood Tax Campaign.

The idea behind the campaign is to put a tax on bankers' transactions. This money would then be used to tackle global issues such as poverty and climate change.

The financial crisis has had a major impact on child rights, and promises that have been made, such as ending child poverty  in the UK, are under threat. Children are always worst affected in times of crisis and in looking at the future we need to focus on children first.

The Robin Hood tax was first proposed by Gordon Brown at the G20 meeting in November 2009. The proposed tax on banks could raise around $400 billion to fill the gaps and make sure progress continues in protecting the rights of children in the UK and abroad.

Half the money raised in the UK would be spent here, for example to help the Government to fulfil its promise to end child poverty by 2020.

Of the other half, about $100 billion would be spent on international development, helping to protect the rights of children in the poorest countries to education, health care and safe water.

The rest of the money would be spent on helping developing countries to adapt to the worst effects of climate change, whihc is a growing and severe threat to child rights across the world.

Share/Bookmark this