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Eurodad Annual Report 2016

Added 29 Jun 2017
The Eurodad Annual Report 2016 provides an overview of our work throughout the year and includes our financial figures. 

Highlights

Our tax justice campaign for public registers of beneficial owners saw an important breakthrough during 2016 when the European Commission came out in favour of public registers and presented a proposal for legislation. Support from member states for the legislation - which would put an end to secret shell companies and anonymous trusts - has signi cantly shifted in our favour.

In our role coordinating Tax Justice Europe, Eurodad organised a series of joint campaign initiatives, including a demonstration outside the court in Luxembourg on the first day of the retrial of the LuxLeaks whistleblowers. Campaigners from 20 different countries called for the protection of whistleblowers and public access to information about how much multinational corporations pay in tax, and where they pay it.

Eurodad’s expertise and success as a coordinator and convenor was highlighted with our campaign around the UNCTAD XIV conference in Nairobi, where members and partners helped safeguard the UN’s strong mandate to work on debt, and specifcally on debt workout mechanisms and responsible  nance. We also ensured that debt justice messages from civil society organisations were heard at the UN Financing for Development Forum at UN headquarters in New York. In addition, we convened civil society consultations with the European IMF Executive Directors and with IMF staff  to ensure that our position on debt sustainability were heard and understood by those responsible for revising the IMF Debt Sustainability Framework for Low Income Countries.

2016 saw a significant breakthrough when Eurodad became the first civil society group in 60 years to be invited to address the High Level Meeting of the OECD Development Assistance Committee, due mainly to our achievements in previous years relating to the reporting of sovereign loans and in donor refugee costs.

In addition, our advocacy work on tied aid - together with members and partners - paid dividends when the issue became central to the discussion on Private Sector Instruments (PSI). Eurodads’ effectiveness can be witnessed in public documents which show how the issue went from barely a mention to being a central point of contention. The process now being developed is a direct result of dialogue between Eurodad and the current and former DAC chairs.

Our reputation for authoritative, credible analysis continues to build and result in increased influence. For example, our key messages and concerns about Public-Private Partnerships (PPPs) were quoted in several 2016 reports by international agencies and think tanks such
as the OECD, UNCTAD, the United Nations Economic Commission for Europe (UNECE) and the European Centre for Development Policy Management (ECDPM). This public endorsement of Eurodad’s position strengthens our demands for international guidelines on the fiscal risks associated with PPPs.