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.

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Rethinking Bretton Woods | Sat, Sep 19, 2015

CoC at international solidarity, sustainable development gatherings

On September 22 and 23, 2015, CoC team member Aldo Caliari will be in Panama City (Panama) to attend a Latin America and Caribbean regional consultation convened by the UN Independent Expert on Human Rights and International Solidarity, Ms. Virginia Dandan. The consultation aims to gather participants’ insights, drawn from their own knowledge and experiences, relevant to the proposed draft declaration on the right to international solidarity. Caliari’s intervention will address structural dimensions of the realization of the right to international solidarity.

On September 24 through 27, he will be in New York to participate of activities surrounding the UN Summit that will approve the “2030 Agenda,” including the Sustainable Development Goals (SDGs). On September 28th, he will be a panelist at a side-event organized by the Leading Group on Innovative Financing for Development: “Innovative financing: showcasing solutions to implement the Global Goals for Sustainable Development.” He will also speak at a reflection day organized by CIDSE to analyze the outcomes of recent UN conferences in the light of the teachings of the Pope’s recent Encyclical, Laudato Si.

Rethinking Bretton Woods | Wed, Sep 9, 2015

CoC advocates principles on sovereign debt restructuring

As the UN gets ready to take action on what would provide, for the first time, a multilateral set of principles to apply in sovereign debt restructurings, Center of Concern joins fellow organizations working on debt in a letter to member countries requesting their support.

The principles would help indebted countries restructure in a fair, timely and orderly fashion, protect transparency and fend off minority creditors’ attempts to achieve extraordinary gain by sabotaging deals reached with the majority of creditors.

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How can National Development Banks support human rights?

Rethinking Bretton Woods | Sat, Aug 29, 2015

How can National Development Banks support human rights?

After the global financial crisis, the need for a strong developmentalist State to play a role in the economy has been gaining currency. National Development Banks are one of the instruments a State can use to spur the development process, especially where market-based approaches will fall short of the desirable social outcomes. This primer released by RightingFinance discusses this institution and how human rights principles are applicable to their utilization.

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Rethinking Bretton Woods | Tue, Aug 18, 2015

South Africa events feature RBW on infrastructure, finance and human rights

On August 19-21, 2015, RBW Project Director Aldo Caliari will attend the Winter School on Infrastructure Investment and Development in Africa, being held in Johannesburg (South Africa). At the meeting, organized by the Heinrich Boell Foundation and Third World Network-Africa, he will speak on the role of institutional investors in financing infrastructure, financial markets and the relationship with sustainable development goals and human rights.

The day before (August 18th) he will deliver a presentation on human rights and finance at the University of Pretoria, where he will also meet faculty and authorities. On August 21st, he will deliver a presentation on related issues to an audience of practitioners, researchers and others at the South African Institute for Advanced Constitutional, Public, Human Rights and International Law.

Center of Concern | Tue, Aug 11, 2015

Center President at Vatican Conference on Encyclical Laudato Si and CIDSE 50th Anniversary

Center of Concern President Dr. Lester A. Myers attended the conference, “People and Planet First: The Imperative to Change Course,” at the Vatican from July 1st through 3d to celebrate the 50th anniversary of Coopération Internationale pour le Développement et la Solidarité (CIDSE) and to discuss issues of integral ecology in the wake of the publication of Pope Francis’s encyclical, Laudato Si. The Center is the United States representative to CIDSE, an international alliance of 17 Catholic development agencies based in Brussels working together for global justice. The founding of CIDSE occurred in the final weeks of Vatican Council II and the alliance and its members have served the Church and the world to help implement the council’s vision for a more just global community.

Rethinking Bretton Woods | Sat, Aug 8, 2015

RBW speaks on financing for development and right to education

On August 10 through 12, 2015, RBW Project Director Aldo Caliari joins the VIII Meeting of the Regional Fund of Civil Society for Education, which is organized in Buenos Aires (Argentina) by the Latin America Campaign on the Right to Education (CLADE, by its acronym in Spanish), Ayuda en Accion Foundation, and others. At the meeting, which will be attended by education specialists and advocates from the region and beyond, he will speak on Financing for Development and the post-2015 development agenda, and what is at stake for Latin America/Caribbean region and the right to education.

Rethinking Bretton Woods | Fri, Jul 31, 2015

Greek crisis brings to the fore human rights implications of macroeconomic policies

On a recent press release, the UN Independent Expert on Foreign Debt and Human Rights, Juan Pablo Bohoslavsky, urged the European institutions, the International Monetary Fund and the Greek Government to fully assess the impact on human rights of possible new austerity measures to ensure that they do not come as a cost to human rights. “[F]urther adjustment policies should respect the human rights obligations that are binding not only for the Government of Greece, but as well for the creditor countries and lending institutions,” he said, adding that some of the harsh austerity measures could be incompatible with European and international human rights law. (Photo credit: CC/Flickr/ Jonathan Stevenson/Jubilee Debt Campaign)

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How much did the IMF and World Bank influence Financing for Development?

Rethinking Bretton Woods | Wed, Jul 22, 2015

How much did the IMF and World Bank influence Financing for Development?

In a recent briefing published by the UK-based Bretton Woods Project on its “At Issue” edition of its bulletin “The Observer,” Center of Concern team member Aldo Caliari reflected upon the often problematic role played by the IMF and World Bank in the negotiations leading up to the UN's Financing for Development (FFD) recently held  in Addis Ababa.