Rethinking Bretton Woods | Fri, Jun 15, 2018
The G20 and MDBs are currently undertaking a major overhaul of the traditional operational system for development finance. This overhaul, called “Maximizing Finance for Development” (MFD), will shift from a publicly financed model for foreign aid and development finance to a new privately financed approach. However, this new approach is directly at odds with the human rights-based framework in the Sustainable Development Goals (SDGs) to which most MDBs have committed support. Titled, “Capacity-Building Project on Financial Regulation and Human Rights,” the workshop will convene leaders from civil society and scholarly institutions from the affected countries to share research and analysis regarding these major developments to raise awareness, provide data, and develop methodologies for civil society organizations to engage more efficiently and effectively in this global debate.
Participants will (1) explore these developments, identify the key elements of financialization necessary for training materials and financial literacy modules; and (2) begin planning and organizing a larger, multi-country, multi-year education and advocacy project to raise awareness and help prepare civil society to address these significant changes underway in the development finance system.