COC

Center of Concern | Mon, Nov 16, 2015

Antalya G20 Summit gives birth to new infrastructure finance model: Will it be for the better?

On November 15-16, 2015, the Leaders of the Group of 20 countries meet in Antalya, Turkey, for their annual summit. After five years in which the issue of investment in infrastructure has been consistently on the G20’s agenda, at this summit there will be already a substantial number of work products for the group to consider. Throughout these studies and papers –most of them commissioned from international organizations such as the World Bank and OECD – the contours of the G20’s vision for infrastructure finance emerge with increasing clarity. How will the balance between financial interests and the human rights of citizens and communities seeking access to better infrastructure be affected? The following articles offer a good glimpse. (Photo credit: CC/Flickr/International Monetary Fund)

The G20’s principles for institutional investment: A Trojan horse for finance-driven infrastructure?

Mega-infrastructure as “structural adjustment 2.0”

A Standard Contract for PPPs the World Over: Recommended PPP Contractual Provisions Submitted to the G20

Five things that can promote transparency in Public-Private Partnerships

Read a RightingFinance blog and a Eurodad blog.

Rethinking Bretton Woods | Fri, Oct 30, 2015

Human rights issues in private market financing for infrastructure

In the last few years, policy-makers have been turning their attention to ways to mobilize the USD 85 trillion reportedly held by institutional investors such as pension funds, insurance companies and private equity funds to finance infrastructure. A model of financing with some distinct characteristics is emerging as a result.

While human rights law creates obligations for all parties involved in an infrastructure project, the involvement of institutional investors in the financing or operation of the infrastructure entails additional consequences for financial regulation. (Photo credit: CC/Flickr/Wally Gobetz)

Learn more by reading this new publication by RightingFinance.

Education for Justice | Mon, Oct 26, 2015

Prayer for Those Affected by Hurricane Patricia

Hurricane Patricia made landfall on Mexico's Pacific coast on Friday, October 24. While the coastal threat is decreasing, damaging winds and heavy rainfalls are likely to cause flash floods and mud slides in the states of Nayarit, Jalisco, Colima, Michoacan, and Guerrero. We hold in prayer all those affected by the hurricane, especially the poor, those on the margins, and with the least resources to cope and rebuild.

Education for Justice | Mon, Oct 26, 2015

Prayer for Those Affected by Hurricane Patricia

Hurricane Patricia made landfall on Mexico's Pacific coast on Friday, October 24. While the coastal threat is decreasing, damaging winds and heavy rainfalls are likely to cause flash floods and mud slides in the states of Nayarit, Jalisco, Colima, Michoacan, and Guerrero. We hold in prayer all those affected by the hurricane, especially the poor, those on the margins, and with the least resources to cope and rebuild.

For more resources like this that respond to the signs of the times, become a member of Education for Justicehttp://bit.ly/1Ezao3d.

Copyright © October 2015, Center of Concern

Center of Concern | Wed, Oct 21, 2015

CoC assesses outcomes from Lima meeting of global financial institutions

On October 9 through 11 2015, the World Bank and IMF held their Annual Meetings in the city of Lima, Peru, after nearly 50 years without holding such meetings in Latin America. The institutions attempted to seize the opportunity to depict an alleged “Peruvian miracle” in which their influence would have played a major role. But a very different story is the one that emerged from reflections by civil society gathered at the alternative forum “Belying the Peruvian miracle,” reports Center of Concern team member Aldo Caliari.

Read full article.

Read about CoC activities in Lima.

Rethinking Bretton Woods | Fri, Oct 16, 2015

Financing for human rights: Will the Sustainable Development Goals help?

How will financing for human rights be affected by the Sustainable Development Goals? In the wake of the historic United Nations Summit that adopted “Transforming Our World: the 2030 Agenda for Sustainable Development,” RBW Project Director Aldo Caliari’s blog, originally appeared on RightingFinance.org, reflects on this question. Do the new goals improve over their predecessor, the eight Millennium Development Goals and their respective provisions for means of implementation, especially financial ones?

Read full article.

Investing in the SDGs: Whose business?

Rethinking Bretton Woods | Mon, Sep 28, 2015

Investing in the SDGs: Whose business?

The negotiations leading up to the Financing for Development conference that took place in Addis Ababa in July 2015 saw a definite tendency to propose a greater reliance on foreign investment in financing development.

In a recent article written for United Nations Research Institute for Social Development’s series “The Road to Addis,” RBW Project Director Aldo Caliari examines the Addis Ababa conference’s approach to the regulatory role of the state, the practices of using aid as an incentive to attract private sector funding, and Public Private Partnerships (PPPs) and institutional investors’ role in closing the infrastructure finance gap.

Read full article.

Center of Concern | Tue, Sep 22, 2015

Pope Delivers Historic Address at United Nations Summit

“The urgent challenge to protect our common home includes a concern to bring the whole human family together to seek a sustainable and integral development, for we know that things can change. The Creator does not abandon us; ...Humanity still has the ability to work together in building our common home.” –Pope Francis, Laudato Si', 13

 

On September 25-27, 2015, Heads of State of all the world gathered in New York for a historic Summit that approved the “Transforming Our World: The 2030 Agenda for Sustainable Development.” The Agenda includes the 17 Sustainable Development Goals (SDGs) agreed upon through arduous deliberations and consultations over the last 3 years. The SDGs are expected to guide development efforts of the international community for the next 15 years.

As part of his visit to the United States, Pope Francis delivered a historic and poignant address to the Summit on its first day. Center of Concern is proud to join Pope Francis’s appeal, which resonates closely with the Center's goal since 1971 of enabling all people to realize the truth that humanity is united in a common destiny, and to assist the world's people to exercise their common responsibility to shape that destiny.

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