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Rethinking Bretton Woods | Tue, Jun 9, 2015

CoC-authored chapter featured in Fair Finance Guide

 

The international civil society network Fair Finance Guide International (FFG) recently launched its report on Transparency and Accountability in the Financial Sector. The report examines key aspects relating to transparency and accountability, and to reporting about tax related issues, as they apply to 47 banks in the seven countries where FFG is active. The report includes a contribution authored by CoC team member Aldo Caliari: “Transparency of banks’ environmental, social and human rights - the case of the United States."

 

 

FFD 3: Some reflections on its follow up

Rethinking Bretton Woods | Tue, May 26, 2015

FFD 3: Some reflections on its follow up

 

 

As governments negotiate the Third Financing for Development Conference (FFD 3) to be held in Addis Ababa (13-16 July 2015), an important decision that they will have to make refers to the follow-up process.

The Conference offers an opportunity to strengthen a follow-up that has so far fallen short of what is required for a sustained dialogue within the UN on the holistic picture of financing for development flows. This happens as the international community is embarking on the most ambitious agenda ever in the form of the Sustainable Development Goals. In this piece, CIDSE --the international alliance of Catholic development agencies, of which Center of Concern is a member-- offers some thoughts on the international dimensions of such follow-up, and urges governments in Addis Ababa to step up to the challenge.

Join us in calling on the World Bank and the IMF to cancel Nepal's debt

Rethinking Bretton Woods | Thu, May 21, 2015

Join us in calling on the World Bank and the IMF to cancel Nepal's debt

 

Over the course of three weeks, two major earthquakes struck Nepal and took over 8,000 lives. Nepal is one of the poorest countries in the world and pays nearly $600,000 a day in debt. Jubilee USA calls on the IMF and the World Bank to immediately cancel Nepal's debt to support recovery and rebuilding efforts.

This February, Jubilee USA won a new debt relief trust fund at the IMF designed exactly for this purpose - aiding poor countries in times of crisis. This fund could cancel the $23 million Nepal owes the IMF over the next two years, but only if we act. Meanwhile, Nepal owes the World Bank $1.5 billion in debt. We call on the World Bank to cancel that debt and create its own emergency fund for poor countries in crisis.

Click here to sign the petition.

Education for Justice | Wed, May 6, 2015

The Plight of Migrants in the Mediterranean

Migrants who make the journey across the Mediterranean Sea face great uncertainty and peril as they search for a better life. In recent news, there has been significant loss of migrant lives at sea and rescue attempts by European countries. Please join us in prayer as we recognize the plight of migrants and support the security and dignity of our brothers and sisters.

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