Development Finance & Tax Justice - Archive

Member States adopted General Assembly Resolution “International cooperation to ensure global access to medicines, vaccines and medical equipment to face COVID-19” on 20 April under silence procedure. The resolution, drafted by Mexico and sponsored by 75 other delegations, states that the current crisis calls for:

• “rapidly scaling manufacturing and strengthening supply chains that promote and ensure fair, transparent, equitable, efficient and timely access to and distribution of preventive tools, laboratory testing, reagents and supporting materials, essential medical supplies [...]

The Financial Accountability, Transparency and Integrity (FACTI) Panel, a joint General Assembly and ECOSOC initiative established in early 2020, will hold a virtual consultation with Member States on 24 April. The Panel has made available an overview of existing mechanisms and a concept note of their work. Among their priorities will be addressing financial secrecy.

The Panel’s “Overview of Existing Mechanisms and Understanding Priorities” document notes that “moving from secrecy to transparency can improve accountability, but different countries [...]

At a briefing on COVID-19, Secretary-General Antonio Guterres stated: “We are in an unprecedented situation and the normal rules no longer apply. We cannot resort to the usual tools in such unusual times.”

The Secretary-General’s call for a global ceasefire in light of COVID-19 has already garnered significant support including from Member States and CSOs, receiving over 2 million signatures. Learn more and sign the petition here.

Introducing his report on the socio-economic implications of COVID-19 he stated [...]

By Elena Marmo

On 28 January 2020 the President of the General Assembly (PGA), Tijjani Muhammad-Bande, and the President of ECOSOC, Mona Juul announced a new initiative: “a high-level panel on international financial accountability, transparency and integrity (FACTI)”. This joint endeavour is framed as a means to target and recover assets for investment in the Sustainable Development Goals.

At present, the UN estimates the financing gap to achieve the Sustainable Development Goals (SDGs) totals a staggering $2.5 trillion. Proponents of [...]

By Roberto Bissio

The numbers provided by the Organization for Economic Cooperation and Development (OECD) about the assistance contributed by its members to developing countries are “inflated”, include “fictional figures”, suffer from “fundamental flaws of overcounting, incoherence and premature implementation of an unfinished system” and have therefore “become incoherent as a statistical quantity”, argues Simon Scott, former head of the statistical division of the OECD’s Development Assistance Committee (DAC) in an article recently published by the Brookings Institution.

Official Development [...]

By Elena Marmo

The Second Committee of the UN General Assembly, in charge of Economic and Financial Affairs, concluded its 2019 deliberations last November 27. Fifty resolutions were passed and discussion was closed on all but one agenda item: the Revitalization of the UN General Assembly. The range of the resolutions, dealing with sustainable development, macroeconomics, operational activities for development and countries in special situations show that the UN is relevant in macroeconomic and financing matters. More attention will be [...]

By Elena Marmo

As the dust of the UN General Assembly High-level week settles, the General Assembly and its committees continue their annual work on a myriad of issues. Across the upcoming meetings, the many themes discussed at the Sustainable Development Goals (SDG) Summit, High-level Dialogue on Financing for Development and High-level meeting on the SAMOA Pathway are salient and pivotal to shaping discussions on macroeconomic conditions for development and human rights.

New York, 8 July 2019: “The world is off-track to achieve the Sustainable Development Goals (SDGs). Most governments have failed to turn the transformational vision of the 2030 Agenda into real transformational policies. Even worse, xenophobia and authoritarianism are on the rise in a growing number of countries.”

“The implementation of the 2030 Agenda is not just a matter of better policies. It requires more holistic and more sweeping shifts in how power is vested, including through institutional and governance [...]

To coincide with the World Health Summit and the Grand Challenges Conference of the Bill & Melinda Gates Foundation in Berlin, Global Policy Forum, Brot fuer die Welt, medico international, and MISEREOR invite you to discuss the benefits, risks and side-effects of the WHO’s engagement with philanthropic foundations, and reflect on how the WHO can be strengthened in order to fulfill its responsibilities. Speakers will include representatives from the German Ministry of Health, the WHO (tbc) and international civil society.

by Jesse Griffiths

The Sustainable Development Goals (SDGs) are ambitious objectives: not only do they call for an end to poverty and hunger, they also recognise the need to fight inequality, including gender inequality, protect the environment, provide decent work, ensure sustainable consumption and production and achieve global peace. Unlike the Millennium Development Goals that preceded them, they apply equally to all nations.

It is already clear that we are not on track to meet the SDGs. For example, though [...]

The United Nations face a funding dilemma. On the one hand, member states continue to transfer new responsibilities to the UN system, not least in implementing the 2030 Agenda and their Sustainable Development Goals (SDGs); on the other hand, they do not match these mandates with adequate resources.

Some see the way out of this financial mess in reinforced UN partnerships with private donors and their foundations. The UN Foundation (UNF) plays a special role here. It was established by [...]

By Barbara Adams

Most farms in developing and least developed countries are small, generally plots of less than two hectares of land. Smallholder farmers manage over 80% of the world’s estimated 500 million small farms and provide over 80% of the food consumed in Asia and sub-Saharan Africa, contributing significantly to poverty reduction and food security. As much as 75% of global seed diversity in staple food crops is held and actively used by smallholder farms. However, despite their [...]

A new briefing from Eurodad reveals how the increased promotion of public-private partnerships (PPPs) by the World Bank and others is having a disastrous impact on both developed and developing countries. From the hospital in Lesotho which has swallowed up a quarter of the country's health budget, to the motorways which nearly bankrupted the Portuguese government - we expose how PPPs are enriching the already wealthy whilst ripping off citizens.

European governments and the European Commission have been increasingly supporting a greater role for the private sector in their development cooperation. With new EU policies and instruments such as the European External Investment Plan, it was deemed important for CONCORD members to agree on a common position, common messages and priorities regarding the role of the private sector in contributing to sustainable development. To write this paper, CONCORD Europe's specific work stream on the private sector collaborated with all of [...]

New York, 11 July 2017: “The promise made by governments to eradicate poverty by 2030 is doable if countries cooperate to fight tax evasion and capital flights” argues an independent report submitted to the High Level Political Forum of the United Nations as an input to its debate today around the first of the Sustainable Development Goals (SDGs).

The ECOSOC Forum on Financing for Development (FfD Forum) met four days at the UN headquarters in New York to review the promises made at the Addis Ababa Action Agenda and its predecessors (the 2002 Monterrey Consensus and the 2008 Doha Declaration on Financing for Development). The FdD Forum is also the place for diplomats to discuss the means of implementation of the 2030 Agenda for Sustainable Development, but civil society is disappointed by the scarce results and the excessive [...]

The ECOSOC Forum on Financing for Development (FfD Forum) is dedicated to reviewing not only the fulfillment of the Addis Ababa Action Agenda and its predecessors (the 2002 Monterrey Consensus and the 2008 Doha Declaration on Financing for Development), but also the means of implementation of the 2030 Agenda for Sustainable Development and feeding its results into the annual High-level Political Forum on Sustainable Development (HLPF).

During negotiation of the 2030 Agenda for Sustainable Development, as well as the various [...]

The central substantive piece during the preparations for the 2017 FfD Forum has been the work of the Inter-Agency Task Force (IATF) and its report “Progress and prospects”.  However, during open briefings from the IATF on the report, Member States – mostly members of the Organisation for Economic Co-operation and Development (OECD) – expressed frustration, wanting to understand the division of responsibilities among Task Force members in report preparations. They referenced the mandate of the IATF [...]

By Sarah Dayringer and Karen Judd

The United Nations Secretary-General Antonio Guterres challenged participants at the 61st Commission on the Status of Women (CSW 61) in March 2017: “Do not let us at the UN off the hook. Keep our feet to the fire.” Many civil society organizations (CSOs) are doing just that –  calling for more from the CSW.

At CSW 61, Dalia Leinarte, Chair of the Committee on the Elimination of Discrimination against Women (CEDAW) said, “[l]inking the [...]

The second FfD Forum will be convened by the President of ECOSOC from 22 to 25 May 2017 at the United Nations Headquarters in New York.

Building on the inaugural FfD Forum, which devoted particular attention to setting up the monitoring framework for the follow-up to the Addis Ababa Action Agenda (Addis Agenda), the 2017 Forum is expected to provide impetus for the implementation of FfD outcomes and the delivery of means of implementation of the 2030 Agenda for Sustainable [...]

UN expert body takes new steps to prevent corporate tax abuses, but more is needed to ensure companies pay their fair share and stop depleting the resources needed to realize human rights.

This paper explores some of the links between tax- and gender justice at the global level by highlighting two central ways in which illicit financial flows and gender injustice are connected. First, through the effects of tax evasion and avoidance and secondly, through the role of financial secrecy jurisdictions and global networks of facilitators which enable illicit financial flows which result from trafficking in women. The paper argues that confronting and dismantling the global enablers and secrecy jurisdictions will be [...]

2016 marks the first year after the adoption of three major international outcome documents including the the Addis Ababa Action Agenda. To implement these decisions, all countries will need to step up the mobilization of domestic resources and increase international cooperation. One of the decisions of the 3rd FfD-Conference was to strengthen the work of the UN Committee of Experts on International Cooperation in Tax Matters (UNTC). At our side-event, we want to learn from experts and discuss where the [...]

The importance of global cooperation on tax issues is becoming more and more evident. The sums lost amount to hundreds of billions annually. While steps to curb the losses are underway, gaps in global tax governance remain both in the institutional setting and with regard to substantive issues. For example, there is still no body with universal membership that could discuss issues that are of particular importance to countries in the Global South. In order to fill these gaps, either [...]

There is a growing global consensus that the secrecy-havens—jurisdictions which undermine global standards for corporate and financial transparency—pose a global problem: they facilitate both money laundering and tax avoidance and evasion, contributing to crime and unacceptably high levels of global wealth inequality.

As economic leaders, the United States and Europe have an obligation to force financial centers to comply with global transparency standards. That they have the instruments to do so has been forcefully shown in the fight against terrorism [...]