Financing our Future : A Global Tax for Climate and Financial Stability
Curious to learn more about the project?
This page gives you an initial overview. For a deep dive, continue with these 5 pages that explore each key point in depth.
Discover the history, dual impact, and potential of the FTT to reorient global finance.
Explore the innovative institutional structure designed to guarantee impartiality, efficiency, and political legitimacy.
Dive into the heart of the technological architecture that ensures absolute trust and makes greenwashing impossible.
Fund Allocation and Impact: See how funds are strategically directed to maximize impact and promote climate justice.
Understand how the project is designed to overcome the political and economic obstacles to global cooperation.
Neutral Project Ecosystem
A simplified flowchart from FTT collection to its allocation for climate action.
1. Funding Source
A micro-tax (FTT) is levied on global financial markets. The massive volume of transactions generates substantial and stable revenue.
2. Autonomous UN Carbon Department
A new, financially independent UN entity manages the collection, verification, and allocation of funds with maximum transparency and efficiency.
Governance & Valuation
Hybrid Governance: A supervisory body (States) for strategy and a council of experts for operations. Carbon Valuation: The tax becomes an investment. The contribution improves the company's "green" ranking.
Technological Engine
3. Strategic Fund Allocation
The funds are transparently distributed to maximize climate impact and social justice.
National Actions
Funding for adaptation and resilience projects, with priority for the most vulnerable countries.
Civil Society (NGOs)
Support for on-the-ground organizations for reforestation, ecosystem preservation, and local projects.
Green Innovation
A dedicated fund for R&D in decarbonization technologies and renewable energy.
Operational Costs
Autonomous financing of the Department and its network to ensure impartiality and efficiency.
Introduction: A Dual Transformation for the Planet
The global climate crisis demands financing solutions on an unprecedented scale. Faced with the urgent need to decarbonize our economies and adapt our societies to the growing impacts of climate change, current financing mechanisms are proving to be insufficient, unpredictable, and often inequitable. This report presents a bold yet pragmatic proposal: the establishment of a global Financial Transaction Tax (FTT), specifically dedicated to environmental financing and managed by a new, autonomous Carbon Department within the United Nations.
This project offers a fundamental dual transformation. On one hand, it aims to generate massive and predictable revenue for climate action. On the other, it seeks to stabilize financial markets by redirecting capital toward productive and sustainable investments.
Generation of massive and predictable revenue: A global FTT, applied at a very low rate (between 0.01% and 0.05%), could generate up to $650 billion USD per year. These funds are crucial to closing the international climate finance gap, estimated at $1,000 to $1,300 billion per year by 2030-2035, offering a stable and perennial source of funding, unlike voluntary state contributions.
Stabilization of financial markets: By imposing a minimal cost on ultra-short-term transactions and high-frequency speculation, the FTT discourages behaviors that generate volatility and promotes "patient capital". This long-term capital is essential for financing major green infrastructure projects and the ecological transition
The Pillars of a Robust and Credible System
The viability and unique character of this project rest on three fundamental pillars, designed to address the roots of the crisis of confidence that hampers global climate finance. The project does not merely propose a financing mechanism; it constitutes an integrated architecture of trust where each component—financial, institutional, and technological—reinforces the others to guarantee integrity, impartiality, and efficiency.
A Proven Financing Mechanism:
The Financial Transaction Tax is not a new or untested idea. With a long history in financial regulation, it is already successfully applied in numerous G20 countries, including France, the United Kingdom, and China, demonstrating its technical feasibility and its possible integration into complex financial systems.
Independent and Effective Governance:
The central proposal is the creation of an autonomous Carbon Department within the United Nations. Inspired by the proven model of UNITAID (financed by a tax on airline tickets), this department would be entirely funded by the FTT itself. This financial autonomy frees it from political pressures and national budgetary constraints, ensuring impartial governance and rapid action focused exclusively on its environmental mission.
Unparalleled Technological Transparency:
The system relies on a state-of-the-art technological backbone. The integration of
Artificial Intelligence (AI) and Blockchain is not a mere option but a fundamental element to ensure absolute transparency, complete traceability of funds, and rigorous data verification. This architecture makes "greenwashing" not just difficult, but structurally impossible, establishing an unprecedented level of trust.
"Carbon Valorization": Turning anObligation into an Opportunity
One of the project's most innovative aspects, designed to ensure private sector buy-in, is the concept of "carbon valorization." The FTT is not presented as a simple fiscal charge but as a measurable, strategic investment in global decarbonization.
The amount of tax paid by a financial institution is directly linked to a quantifiable contribution to the reduction of global greenhouse gas emissions.
This contribution is recorded and helps improve the company's "green" ranking within a global carbon calculator, managed by the UN Department.
This ranking becomes a public, transparent, and verifiable asset, transforming a fiscal obligation into an opportunity to enhance reputation, ESG scores, and attractiveness to investors.
This powerful mechanism aligns the interests of the financial sector with global climate objectives by turning compliance into a competitive advantage.
Explore the Project in Detail
Discover the history, dual impact, and potential of the FTT to reorient global finance.
Fund Allocation and Impact: See how funds are strategically directed to maximize impact and promote climate justice.
Explore the innovative institutional structure designed to guarantee impartiality, efficiency, and political legitimacy.
Understand how the project is designed to overcome the political and economic obstacles to global cooperation.
Dive into the heart of the technological architecture that ensures absolute trust and makes greenwashing impossible.