COC

Article

Financing infrastructure in financial markets: Why civil society should be alert

Rethinking Bretton Woods | Tue, Feb 2, 2016

Financing infrastructure in financial markets: Why civil society should be alert

For the last five years, the Group of 20 (G20) has been weighing proposals to finance the “infrastructure gap” in developing countries: the more than USD1 trillion of additional investment needed to bridge the gap between existing infrastructure and the infrastructure needed in such areas as transport, energy, water, sanitation and internet connectivity to support socio-economic development.

The G20 has leaned towards proposals to attract the savings of institutional investors (mutual funds, pension funds, insurers, etc.), based on the premise that the long-term financing needs for infrastructure development are a fitting match to institutional investors’ need for long-term investment vehicles. However, such proposals have been criticised because this could induce “financialisation”, with all its consequences.

In an article written for the Heinrich Boell Foundation South African Office, RBW Project Director Aldo Caliari explains what is financialization and why it matters, what is the relevance of the new proposals to finance infrastructure to the civil society agendas on human rights, sustainable development and good governance, and what civil society can do about them.

Education for Justice | Mon, Jan 11, 2016

Close the Guantánamo Detention Site and End Indefinite Detention

Torture is a moral issue.

Support the National Religious Campaign Against Torture and sign this petition to close Guantanamo Bay, "a place where people were tortured and where almost all prisoners are held without charge or tiral. Over 100 detainees still remain at Guantanamo, and the U.S. is keeping it open at a cost of close to $400 million a year." Remind President Obama to fulfill his promise to close Guantanamo Bay before he delivers his final State of the Union Address on January 12, 2016. Sign the petition to close Guantanamo Bay here: http://1.usa.gov/1OKAc5l.

Rethinking Bretton Woods | Mon, Dec 28, 2015

IMF: Christmas Ghosts visit US Congress

As if inspired by the Ghost of Christmas Past, a few days before Christmas US Congress cleared the way for the US government to support long-awaited reforms of the capital and governance of the International Monetary Fund (IMF). In this article RBW Project Director Aldo Caliari assesses what the reform package, which had been agreed by the G20 back in 2010, will mean for the institution. (Photo credit: CC/Flickr/Ralph Keating).

Center of Concern | Wed, Dec 16, 2015

Best Wishes for a Blessed Christmas and a Joyous New Year!

“Today, however, we have to realize that a true ecological approach always becomes a social approach; it must integrate questions of justice in debates on the environment, so as to hear both the cry of the earth and the cry of the poor.”

 ~ Pope Francis, Laudato Sí: On Care for Our Common Home, 49

 

This Christmas, may each of us truly embrace and live the message of Laudato Sí, remembering always, “…the world is a joyful mystery to be contemplated with gladness and praise.” In the spirit of St. Francis and Pope Francis, may we promote, by our faithful witness, the globalization of hope, in centers of concern around the globe. May we dedicate ourselves anew to caring for our common home and to building a better life for all members of the human family. The Center sincerely appreciates your financial and other support as we share your voice for global social justice throughout the year.

 

To request your copy of the 2016 Signs of the Times Social Justice Calendar or to make your donation to the Center, please click here. Supplies are limited, so get yours today!

Education for Justice | Wed, Dec 16, 2015

Center of Concern marks the Opening of the Year of Mercy

"How many are the wounds borne by the flesh of those who have no voice because their cry is muffled and drowned out by the indifference of the rich! During this Jubilee, the Church will be called even more to heal these wounds, to assuage them with the oil of consolation, to bind them with mercy and cure them with solidarity and vigilant care" (Misericordiae Vultus, #15).

 

Center team members Christine Hyland, Director of Development, and Anna Misleh, Assistant Editor of Education for Justice, celebrate the opening of the Year of Mercy at the Basilica of the National Shrine of the Immaculate Conception with His Eminence Donald Cardinal Wuerl on December 8, 2015.

Center of Concern | Tue, Dec 8, 2015

Center of Concern marks the Opening of the Year of Mercy

"How many are the wounds borne by the flesh of those who have no voice because their cry is muffled and drowned out by the indifference of the rich! During this Jubilee, the Church will be called even more to heal these wounds, to assuage them with the oil of consolation, to bind them with mercy and cure them with solidarity and vigilant care" (Misericordiae Vultus, #15).

 

Center team members Christine Hyland, Director of Development, and Anna Misleh, Assistant Editor of Education for Justice, celebrate the opening of the Year of Mercy at the Basilica of the National Shrine of the Immaculate Conception with His Eminence Donald Cardinal Wuerl on December 8, 2015.

Education for Justice | Wed, Nov 25, 2015

Bulletin Insert: Alternative Giving for Christmas

This bonus resource from Education for Justice highlights several organizations that offer suggestions for alternativing giving this Christmas season. To view the bulletin insert, click here: http://bit.ly/21gjKiw.

For more Advent and Christmas resources, visit www.educationforjustice.org.

Copyright © 2015, Education for Justice, a project of Center of Concern.

Challenges of financing the SDGs and private sector participation

Rethinking Bretton Woods | Fri, Nov 20, 2015

Challenges of financing the SDGs and private sector participation

Past the euphoria of the Summit that adopted the Sustainable Development Goals last September, the task left is the hard one of implementation of an agenda widely seen as the most ambitious ever undertaken by the international community. What this process is likely to make more evident is that the ambition of the means of implementation was not in correlation with the ambition of the agreed agenda. In an article appeared on Brujula Ciudadana, a magazine published by the Mexico-based Citizen Initiative for the Promotion of Dialogue Culture (Issue No. 72, October 2015), RBW Project Director  Aldo Caliari examines the challenges we can expect in the financing the SDGs and the participation of the private sector in the endeavor.

Read article (Only available in Spanish).

Download full publication (Caliari's article begins at page 28).

Rethinking Bretton Woods | Wed, Nov 18, 2015

Should infrastructure investors be exempt from human rights duties?

As this year’s Business and Human Rights Forum (November 16-18) and Group of 20 Summit (November 14-15) take place, RBW Project Director Aldo Caliari takes a look at a striking dissonance between what is happening in each of these venues. At the Forum on Business and Human Rights, the main theme will revolve around a report on measuring implementation of the Guiding Principles on Business and Human Rights. The G20 is expected to adopt the second of two reports that contain “effective approaches” to implementing the High Level Principles on Long Term Investment Financing by Institutional Investors. Expected to guide the engagement of trillions of dollars-worth investors in infrastructure, the latter make no mention of the Guiding Principles.

Read blog appeared on RightingFinance and the London School of Economics' Measuring Business and Human Rights project.

Pages