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Rethinking Bretton Woods | Sat, Apr 25, 2015

Financing for Development: CSOs respond to zero draft

 

On March 17th 2015 the co-facilitators of the Third Financing for Development Conference, to be held in Addis Ababa (Ethiopia) in July of this year, released the initial draft (“zero draft”) for negotiations.

Center of Concern is part of a Rapid Response Group among civil society organizations following the conference which prepared a detailed response with analysis and alternative language proposals.

“The third FfD outcome document should not result in a retrogression from the achievements of the Monterrey Consensus of 2002 and the Doha Declaration for Development of 2008,” the document says, warning that "Any downward movement from the achievements of Monterrey and Doha will not bode well for the expectations that Addis Ababa will help build trust toward an ambitious outcome in the post-2015 development agenda and a climate deal at the COP 21 in Paris.”

CoC inputs into US and Germany business and human rights plans

Rethinking Bretton Woods | Thu, Apr 16, 2015

CoC inputs into US and Germany business and human rights plans

 

On April 20, 2015, RBW Project Director Aldo Caliari will be in Berlin to speak at a panel part of the consultation on Germany’s National Action Plan on business and human rights. He will discuss the experience of human rights groups challenging investments by US financial companies. A few days earlier (April 16), a submission by RightingFinance , whose drafting Center of Concern coordinated, will be delivered by Center for Economic and Social Rights at a consultation meeting in preparation of the US National Action Plan on responsible business conduct in Washington DC.

Rethinking Bretton Woods | Tue, Apr 7, 2015

RBW speaks on human rights impacts of vulture funds

 

Recent vulture fund litigation against Argentina has shed new light on the operations of commercial firms that as a systematic strategy prey on sovereign debtors to exact full debt payments other creditors agreed to forgive. Last February an advisory body to the Human Rights Council met to discuss human rights impacts of such companies’ actions and possible remedies.

“The debt relief we had campaigned for was not for paying 100 per cent of the claims of creditors not willing to provide their share of debt relief, but to allow necessary social investments to happen in [the debtor] countries,“ said RBW Project Director Aldo Caliari speaking of the successive debt cancellation rounds achieved by the worldwide Jubilee movement. Center of Concern co-founded Jubilee USA Network, of whose Board Mr. Caliari is currently co-chair.

Read a blog at rightingfinance.org.

Read a recent article on this subject.

Center of Concern | Tue, Apr 7, 2015

Advancing the voice of the poorest in the new development agenda

 

Center of Concern continues to be part of the important advocacy efforts to ensure that the sustainable development agenda that world leaders are expected to adopt in meetings in Addis Ababa (July) and New York (September) will put the interest of those in poverty first, and be equitably and adequately financed.

On April 9 2014, CoC team member Aldo Caliari will moderate the session on global financial and institutional reforms and debt of the Hearings for Civil Society in the lead-up to the Third Financing for Development Conference (FFD 3). The following day he will be a resource people at a strategy meeting of the Women’s Working Group on Financing for Development.

The week of April 13th he will attend the FFD 3 Drafting session, being held in New York at the UN Headquarters. Also at UN Headquarters, between April 22nd and April 24th, he will be a civil society speaker at an interactive session of negotiations on Post-2015 Development Agenda dealing with Means of Implementation, negotiations that include financial means.

Mr. Caliari has also been part of the Rapid Response Team drafting a civil society response to the first negotiating text released by the co-facilitators of the Addis Ababa conference.

Rethinking Bretton Woods | Wed, Mar 18, 2015

Does the World Bank really want to address land and poverty issues?

 

In a press release, Center of Concern joins smallholder farmers and peasant organizations from around the world in the Our Land Our Business campaign’s challenge to the Land & Poverty conference being held at the World Bank this week. Photo credit: Ms. Nobahar Wassan, Pakistan Institute of Labour Education and Research.

Read press release.

Rethinking Bretton Woods | Tue, Mar 10, 2015

RBW attends Latin America/Caribbean consultation on development finance

 

On March 12-13, RBW Project Director Aldo Caliari will participate of the Latin America/ Caribbean consultation in preparation for the Third Financing for Development Conference, to be held in Addis Ababa. The consultation is being organized by the Economic Commission for Latin America and the Caribbean in the city of Santiago, Chile.

Center of Concern | Sun, Mar 8, 2015

Why Addis Ababa Matters

 

The intergovernmental preparations for the Third Financing for Development Conference in Addis Ababa (Addis Ababa, 13-16 July 2015), are underway.

CIDSE, the international alliance of Catholic agencies of which Center of Concern is a member, has just released “Why Addis Ababa Matters: CIDSE Recommendations for the Third UN International Financing for Development Conference.”

2015 is a once in a lifetime opportunity to make giant leaps towards our vision of justice, equity, dignity and protecting our natural environment. International agreements to be made this year on financing for development, climate change and the Post-2015 framework will lock us in – people and the planet, for better or for worse, on certain pathways. The first one of those conferences, on Financing for Development, will be critical in setting the right tone for success in the rest of them.

Working towards the successful outcome for such conference, CIDSE policy recommendations strive to regain the spirit of partnership evoked by the Monterrey Consensus agreed in 2002.

CoC hosts seminar on public-private finance mechanisms for Executive Directors of World Bank and IMF

Rethinking Bretton Woods | Mon, Mar 2, 2015

CoC hosts seminar on public-private finance mechanisms for Executive Directors of World Bank and IMF

 

On March 6, 2015, at the International Monetary Fund Headquarters in Washington DC, Center of Concern and Friedrich Ebert Stiftung -New York will hold the fourth within a series of seminars for Executive Directors of the Bretton Woods Institutions on key issues in financing a new generation of development goals. This seminar will focus on the theme “Public Private Finance Mechanisms: Ensuring Accountability.”

Rethinking Bretton Woods | Mon, Feb 23, 2015

RBW discusses sovereign debt restructuring, balance of power issues

 

On February 23 2015, RBW Project Director Aldo Caliari attends the fifth meeting of UNCTAD’s Working Group on Sovereign Debt Workouts, of which he is a member. The meeting is held at the UN headquarters in Geneva and comes at a critical juncture as parallel negotiations in the UN attempt to develop a multilateral system to prevent the predatory action of creditors during sovereign debt crises.

On February 26, in Berlin, he will deliver a presentation at the 2015 (civil society organizations) Policy Directors’ Meeting held by the Berlin -based International Civil Society Centre. The theme of this years’ meeting is External trends affecting ICSO’s advocacy strategies and Caliari’s presentation will discuss “Shifts in the balance of power.”

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