Development finance and tax justice

The UN has launched the "Elements Paper" for next year's Fourth International Conference on Financing for Development (FfD4) in Sevilla, Spain. The paper will form the basis for discussions at the upcoming second meeting of the FfD4 Preparatory Committee (PrepCom), which will take place from 2 to 6 December 2024 at UN Headquarters in New York. Here are my personal top 10 policy reforms, copied and pasted directly from the paper:

The Elements Paper Top 10:  [...]

Brazil’s first G20 presidency culminated in the summit in Rio de Janeiro from 18-19 November. The main highlight is that the taxation of high net worth individuals was put on the international policy agenda. The ongoing process of reforming the Multilateral Development Banks (MDBs) received further impetus with the adoption of a new roadmap. The Brazilian government sought to better link G20 policy-making with the United Nations and established new formats for stakeholder engagement, notably the G20 Social Summit. 

The  [...]

Views and proposals from civil society

The international financial architecture is in urgent need of reform. In the words of UN Secretary-General António Guterres, it is "outdated, dysfunctional and unjust". The main institutions were created 80 years ago in a transatlantic agreement, at a time when many of the world's nation-states of today were still colonies. Moreover, the institutions have failed in their mission to prevent and mitigate crises and to mobilize sufficient financing for internationally agreed development goals.

The reform of the international financial architecture [...]

Last week´s Annual Meeting of the World Bank Group and the International Monetary Fund (IMF) that took place in Washington, D.C. were the first major gathering of policymakers after the UN Summit of the Future (SotF), and one of the few remaining milestones before the international community gathers for the Fourth International Conference on Financing for Development (FfD4) in Sevilla in summer 2025. However, neither the outcome of the SotF has been reflected in the international financial institutions‘ [...]

Joint side-event during the 2024 HRC Social Forum organised by Center for Economic and Social Rights (CESR), Global Policy Forum (GPF), Public Services International (PSI) and the UN Research Institute for Social Development (UNRISD).
 

*Watch the video of the report launch*

 
 

What to expect?

With:

  • Juan Pablo Bohoslavsky - Researcher at Argentina's National Scientific and [...]

The United Nations has concluded tough negotiations on the Pact for the Future. The comprehensive multilateral agreement was adopted on 22 September at the opening session of the Summit of the Future. Under the heading ‘Transforming Global Governance’, the Pact contains a list of policy measures to reform the international financial architecture. This area has been a priority for developing countries, which are marginalised in the current institutional framework for global economic governance. The UN Secretary-General has been a strong [...]

The Global People's Assembly 2024 will take place in person from 22-24 September at the UN Church Center in New York. In the PROGRAMME you will find event descriptions for everything happening over the three days. Because of technical challenges people will be able to follow online only the first day of the assembly.

Please click here to register to attend in New York in person

Please click here to register to attend the first day online

 

Von Bodo Ellmers

Steuerhinterziehung und schädlicher Steuerwettbewerb zählen zu den größten Herausforderungen für die Mobilisierung ausreichender Mittel für Entwicklung und öffentliche Dienstleistungen. Die wegweisende Vereinbarung, die am 16. August 2024 in New York erzielt wurde, könnte der internationalen Gemeinschaft endlich ein wirksames Instrument zur Bewältigung dieser Probleme an die Hand geben. Nach drei Wochen intensiver Verhandlungen einigte sich ein Ad-hoc-Ausschuss der UN-Generalversammlung auf die Terms of Reference (ToR) für die neue UN-Rahmenkonvention zur internationalen Steuerkooperation. Die ToR skizzieren sowohl den [...]

Tax dodging and harmful tax competition remain major challenges to mobilising sufficient resources for development and public services. A landmark agreement reached in New York on 16 August 2024 could finally provide the international community with an effective tool to tackle these problems. After three weeks of intense negotiations, an ad hoc committee of the UN General Assembly agreed on the Terms of Reference (ToR) for the new UN Framework Convention on International Tax Cooperation. The adopted ToR outline [...]

(Zuerst veröffentlicht auf Deutsche Gesellschaft für die Vereinten Nationen e.V. - News)

Von Bodo Ellmers, Global Policy Forum

Der UN-Zukunftsgipfel (Summit of the Future) hat den Anspruch, das multilaterale System fit für die nächsten Jahrzehnte zu machen, fast 80 Jahre nach der Gründung der Vereinten Nationen. Mit Aussicht auf Erfolg? Ein Meinungsbeitrag.

Als Teil seiner komplexen Agenda befasst sich der Gipfel auch mit der Reform der internationalen Finanzarchitektur. Ihre Reform ist besonders für die Länder des Globalen Südens Priorität [...]