Rethinking Bretton Woods | Wed, Apr 2, 2014
On April 3-4 2014, Center of Concern team member Aldo Caliari takes part of “Co-Creating New Partnerships for Financing Sustainable Development.” This consultation, being held by the UN Intergovernmental Committee of Experts on Financing Sustainable Development to gather inputs from non-governmental stakeholders, takes place the city of Helsinki, Finland. (photo by Jim G/CC)
In a statement for the occasion, Righting Finance said that partnerships, as they are voluntary, opt-in and opt-out arrangements, “cannot by any means crowd-out States’ existing obligations of cooperation to achieve human rights. So, the international human rights framework takes primacy and precedence above any agreements with the private sector.” The statement spells out the consequences of such precedence for the approach to partnerships. Read submission to this consultation prepared by RightingFinance.