Eight new countries in Africa have signed the declaration on the financial transaction tax.
At the meeting of the Leading Group on Innovative Financing for Development (GPFID) in Bamako (Mali) on June 24 and 25, 2011, the following countries: Mali, Benin, Burkina Faso, Congo, Mauritania, Senegal and Togo, signed the text for a new international contribution to development. Cameroon has announced that it would soon follow.
By adopting the Millennium Development Goals (MDGs), the international community committed to finding new financial resources for development and to respond to climate change. Different mechanisms and public-private partnerships emerged as an effective solution.
In this domain, France is a pioneer. It was under the initiative of President Jacques Chirac, President Lula Da Silva, and President Lagos that UNITAID was created. Funded by an “air tax”, the agency fights major pandemics such as HIV / AIDS, malaria, and tuberculosis.
The Fondation Chirac currently carries forth Jacques Chirac’s advocacy efforts for innovative financing. It specifically raises awareness about the need to ensure regular and sustainable funding for access to water and sanitation, an idea that will be defended at the Forum “Solidarity for the countries of the Niger River Basin” in Bamako this coming October.
Under the high patronage of the President of Mali, Amadou Toumani Touré, the ninth plenary session will also result in the Bamako Declaration. Mali will take advantage of this opportunity to reaffirm its commitment to stand at the forefront of efforts to achieve the Millennium Development Goals (MDGs), specifically by ensuring a prominent role for innovative financing.