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As the final round of negotiations take place in New York ahead of the third international Financing for Development Conference, Eurodad, along with thirty other civil society organisations, has signed a briefing outlining “10 reasons why everybody ...

blog
Financing for development or for private interests?

Mathieu Vervynckt

13 May 2015 10:32:54

This blog was first published in Dutch on Vice Versa Magazine How can investments in and for the private sector contribute to development cooperation? This is more or less the key question on the agenda during the current Financing for Development (FfD) negotiations in New York. According to the European Union (EU), the answer lies with the risky use of public resources as a catalyst for private investment. However, this outsourcing of development cooperation to the private sector is accompanied by a serious lack of evidence about the real development impact, transparency, accountability and developing country ownership.   In a way, you have to give the EU credit. By means of a well thought-through communication strategy, the EU has managed to place private finance at the heart of the ...

press
Copenhagen hosts major conference on the future of finance and international development

Thursday April 30 2015 Civil society experts, ministers and ambassadors from five continents will meet in Copenhagen next week (5-7 May) to plan for a crucial UN summit that will decide how to finance international development over the next decade. The conference, organised by the Danish development organisation IBIS and the European Network on Debt and Development (Eurodad), is one of the biggest civil society events taking place ahead of the UN Summit on Financing for Development (FfD) , in ...
First published in The Guardian gu.com/p/47k6g/stw. No one said the fight for a better global financial system would be easy. Last week’s negotiations in the UN’s financing for development (FfD) process, which will lead to a high-level conference ...
The IMF and World Bank spring meetings, which used to be a major forum for global economic decision making, end today with few concrete outcomes, the Bank under fire for its human rights and environmental record, and the IMF still unable to make any progress ...
Eurodad recently made a submission to a discussion hosted by the Global Partnership for Effective Development Cooperation (GPEDC) on "Leveraging Effective Development Cooperation (EDC) to mobilize existing resources for development and enhance private ...
Report from the workshop on Tax Justice and Financing for Development25th March 2015 Activists from trade unions, the climate movement, Action 2015 and the campaign for a Financial Transaction Tax (FTT) took part in the Tax Justice and Financing for Development ...

press
CSOs urge member states to implement Court of Auditors recommendations on blending in upcoming Council Conclusions

Eurodad and several members, including Oxfam International and 11.11.11, have sent a letter to the member states' representatives of the EU Council Working Party on Development Cooperation (CODEV). We are urging them to use the opportunity of the Council Conclusions to ensure implementation of the recommendations of the European Court of Auditors regarding blending mechanisms.  As the EU gears its efforts towards the upcoming negotiations on Financing for Development, civil society ...

blog
Financing for whose development? DFIs and their support for companies that use tax havens

Mathieu Vervynckt

04 Nov 2014 11:58:53

This blog first appeared on From Poverty to Power. The Third UN Conference on Financing for Development (FfD), set to take place in Addis Ababa next year, will be a crucial opportunity to discuss two of the hottest topics in development finance today: the use of scarce public resources to leverage the private sector, and the fight against international tax avoidance and evasion. Both topics come together in Eurodad’s new report, Going Offshore, though probably not in the way you might expect.  Previous Eurodad research has shown that despite the lack of public information about how they work and their impact on development, Development Finance Institutions (DFIs) – government-controlled institutions that support private sector projects in developing countries – have come to ...