Finance and development

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FINANCE AND DEVELOPMENT

26 October 2011

Eradicating poverty requires sufficient finance, spent the right way.  Rich countries have to live up to their Official Development Assistance (ODA) pledges. Yet, ODA money, even if current rates of commitment are met, will not be enough to eradicate poverty in the face of climate change and other global challenges. New sources of revenue additional to ODA are needed.

CIDSE has been at the forefront of civil society organisations advocating for innovative financial mechanisms to finance development. This issue, along with tax justice, is amongst CIDSE’s key advocacy priorities. More specifically, CIDSE has focused its work on 3 major issues of development finance:

- Financial Transaction Tax (FTT)
- Official Development Assistance (O.D.A)
- Reforming the financial system
- Taxation

Raising sufficient money is not enough though; it will have to be administered and spent well to make a positive and lasting impact. Decades-long experience working with partners in the global south to bring about change has made this clear. Based on this experience CIDSE makes its recommendations on how to use revenues in development cooperation.


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Finance and development

Highlights

PR: “Aid to the private sector: promoting responsible investments? Latin American as a testing ground”

On the 21st of March 2013, the alliance of civil society organisations including ALOP, CIDSE, CIFCA, COUNTER BALANCE, EURODAD, GRUPO SUR, and OIDHACO, organised an event at the European Parliament called “Aid to the private sector: promoting responsible investments? Latin American as a testing ground”.

Written by - Written on Wednesday, 20 March 2013

Tax justice: The significance of emerging human rights instruments

Fiscal policy – and hence also tax policy – is one of the most important steering instruments of governments. The true priorities of policies are often revealed more clearly by budgets and tax legislation than they are by declarations and action programmes. Also, a government’s fiscal policy reflects the political influence of certain interest groups.

Written by - Written on Monday, 18 March 2013

FTT: full steam ahead, direction justice?

Eleven countries in the EU are set to implement a Financial Transactions Tax (FTT) thanks to the green light given by EU Finance Ministers on 21 January 2013

Written by - Written on Wednesday, 30 January 2013

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