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Eurodad responds to Bahamas Leaks 

Yesterday, the International Consortium of Investigative Journalists (ICIJ) released 1.3 million files leaked from the Bahamas. These leaks come on top of last year's Panama Papers and offer further revelations about how secret company ownership enables the rich to hide their wealth and avoid taxes. Campaigners said this was a another reminder of the urgent need for public registries of the real owners of companies and trusts.

News



Eurodad reacts to EU's 'scoreboard of indicators' for a new tax haven blacklist. On 15 September the European Commission released a scoreboard of indicators supposed to help the EU draw up a list of tax havens. The proposal was criticised by campaigners for failing to include EU member states, despite it being clear that some member states have problematic tax regimes. Eurodad's Tove Ryding called on the EU to stop the mud-slinging and focus on cleaning up its own backyard.
   

Blog & Report

 

In his blog, Eurodad's Mathieu Vervynckt  presents a new briefing on responsible finance standards and asks, 'How far have we come?' From last year's Mbeki Report  to the Panama Papers, it is clear that developing countries continue to suffer from lost revenues and corporations can still avoid paying their fair share of taxes. At the same time, ODA is including ever more private finance. In this context, Eurodad's briefing aims to offer a timely overview of current standards on responsible finance.

 

Member Report



The ONE 2016 DATA report: A Bolder Response for a Changing World looks at development flows in the context of the refugee crisis and expanding humanitarian needs. In particular, the report details how some governments are responding to the refugee crisis by using their overseas aid budget to cover the costs of hosting refugees in their own country. 
 

Member Report 



To mark the anniversary of the signing of the Sustainable Development Agenda Oxfam has released a new report: 
"Accountability and Ownership: The role of aid in a post-2015 world". The report argues that while new sources of funding for development such as private finance are gaining ever more attention, there remains a very important role for aid, in particular in helping citizens gain power over decision-making. 


 
 

What’s New

CSO LETTER 
Eurodad signed a joint CSO letter to the European Commission detailing key concerns relating to the EU External Investment Plan. The letter emphasised that development as a short-term "solution" to the "problem" of migration is a fatally flawed approach. 
 

EVENTS
The International Conference on responsible taxation in development finance, organised jointly by Eurodad and Oxfam IBIS concludes a three-year project on establishing responsible tax standards for Development Finance Institutions.

When: 10 November 2016
Where: MCE Conference and Business Centre, Rue l’Aqueduc 118, Brussels.

Reality of Aid and the OECD DAC Secretariat are organising a DAC-CSO Roundtable on the Future of Aid, back to back with a Soft Launch of the RoA Report on Technical Cooperation.

When: 11 October  2016
Where: OECD Conference Centre Auditorium, 2 rue Andre Pascal, 75775 Paris Cedex 16.


FACTS AND FIGURES
According to the ONE 2016 DATA Report, the Netherlands gave more aid to itself ($1.58 billion) for in-donor refugee costs in 2015 than it gave to the whole of Africa ($1.48 billion) in 2014.
 

EURODAD MENTIONS
Eurodad's Tove Ryding was quoted in the EUobserver as part of their coverage of the new leak of offshore files from the Bahamas. 
Copyright © 2016 Eurodad, All rights reserved.

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