Transnational corporations involved in extractive industries frequently arrive with promises to build schools, hospitals, roads, provide jobs. Unfortunately, local populations too often discover that allthat glitters is not gold. Rather than benefiting, local people experience increased poverty, loss of livelihoods, violent conflict, human rights violations, environmental degradation and corruption.
CIDSE believes that the UN Business & Human Rights framework can play an important role in stopping human rights violations by businesses.
CIDSE wants to put 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.
Official Development Assistance (ODA) should increase and be better spent. Most rich countries have committed to spend 0.7% of Gross National Income (GNI) on ODA. Yet, the majority of the countries have still not fulfilled this promise.
Innovative mechanisms to finance development are urgently needed to ensure that poverty will be eradicated.
In the work-area ‘Rethinking Development’ we critically consider the wider framework in which policies to promote development and the fight against poverty are designed and implemented.
The impacts of the activities of transnational corporations should be at heart of development discussions, because corporations are taking an increasingly important role in shaping global and local economic and political structures.
Access to sufficient and appropriate food is a Human Right (Right to Food).
Climate change is not only an environmental problem, but also a humanitarian and development emergency of global proportions, which affects the world’s poorest and most vulnerable people.
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.