Another day, another dollar for global health. Or another $300 million, as the case may be. With much fanfare at the Clinton Global Initiative, five countries (France, Brazil, Britain, Norway and Chile) committed to either levy taxes on airline tickets or find other sources to create UNITAID (formerly referred to as the International Drug Purchase Facility), which will be used to purchase generic AIDS drugs, as well as products to treat malaria and TB.
CGD Policy Blogs
President Chirac's proposal for a global air travel ticket tax to fund development seemed unlikely to fly less than a year ago, especially in America (where any new "tax" is taboo). (See the Jan. 2005 CGD event Innovative Development Finance Mechanisms: The Pros and Cons of the International Tax Plan for slides and the original proposal).