Rethinking Bretton Woods | Sun, Sep 11, 2011
The International Working Group on Trade-Finance Linkages cosponsor “Financialization of natural resources," a civil society meeting in Paris, October 28-29 2011.
The work on food speculation and the focus on commodity derivatives markets, while crucial for the fight against poverty, is just one aspect of a broader trend that has resulted from the most recent financial crisis and is structurally affecting the global economy and natural resources management.
The civil society meeting “Financialization of natural resources” is convened by a range of European and international organizations with the following objectives
· to get better insight and understanding of what is happening as regards financialization of natural resources· to understand better the linkages between the different commodities (e.g. food and oil)
· to develop alternative visions/proposals (Global Public Commons as the basic alternative approach)
· to build links/networking between groups working on these different issues – within Europe and Europe/Global South
· to develop strategies for joint work and action, including towards the G20, Rio plus 20
Work will be done on the following resources:Food/Biomass/Landgrabbing; Oil; Water; Mining – Minerals (including coal) and Carbon/Biodiversity