Development finance

 

 

CIDSE submission to the consultation on IASB discussion paper on extractive activities, 6 August 2010

- Financial Transaction Taxes debated at the UN, 18 March 2010

- Automatic exchange of information workshop, 13 January 2010 - Brussels 

                               News archives

For many years, CIDSE has been at the forefront of civil society organizations advocating innovative financial mechanisms to finance development. This issue, along with tax justice, have been amongst CIDSE’s main advocacy areas for the UN financing for development review conference held in Doha/Qatar (29 November – 2 December 2008).

Official Development Assistance should increase and be better spent


Most rich countries have committed to spend 0.7% of Gross National Income (GNI) to Official Development Assistance (ODA). Yet, the majority have still not fulfilled this promise. ODA is also ‘inflated’ to a large extent. CIDSE works in various ways to address our concerns about falling ODA levels and aid policies’ consequences on broader development.

Tackling global challenges with innovative mechanisms


Innovative mechanisms to finance development are new instruments additional to traditional ODA. They are urgently needed to support action to tackle newly recognised global challenges. Given their potential double benefits of addressing systemic issues and raising finance, CIDSE particularly promotes the adoption of global taxes as innovative mechanisms to finance development.

Putting tax justice at the heart of development


Basic service provision should be guaranteed by predictable and sound sources of public finance. Taxation is the foremost of these sources. Additional to its revenue generation potential, taxation also serves other important functions. However, developing countries have been unable, even prevented, from effectively mobilising resources domestically and stopping capital flight. Starting in 2007, CIDSE analysed causes for this and works to influence international financial governance and architecture to promote international tax justice and subsequently development.