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Eurodad in Action at the UN Financing for Development Forum

Bodo Ellmers, Tove Ryding

24 Apr 2019 17:19:29

The United Nations convened in New York last week for the Financing for Development Forum. While the Outcome document has been negotiated in advance, the Forum itself offered lots of opportunities to discuss what change we need to finance the SDGs. Eurodad staff and members as well as the broader Civil Society Financing for Development Group made extensive use of these opportunities. Here is a wrap up of the highlights which ranged from policy debates on aid, debt, tax and private finance to the first ever – but probably not the last - Civil Society Debt Workout.  Eurodad at the #FfDForum <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

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Plummeting aid figures fail to meet spending target while leaving poorest behind

Brussels, 10 April 2019 - New preliminary aid figures released by the Organisation for Economic Co-operation and Development (OECD) today show spending in 2018 fell by 2.7 per cent compared to 2017, with the neediest countries being hit hardest. Last year’s Official Development Assistance (ODA) for all OECD’s Development Assistance Committee (OECD DAC) members equaled 0,31 per cent of gross national income, less than half of the 0.7 per cent longstanding spending target – a commitment made ...

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Eurodad response to selection of David Malpass as the new president of the World Bank Group

On Friday 5 April, David Malpass was selected as the new president of the World Bank Group. Mr. Malpass was the only candidate for the post, after having been nominated by US President Donald Trump. Commenting on the selection, Maria José Romero, Policy and Advocacy Manager at the European Network on Debt and Development (Eurodad), said: “It is a missed opportunity that the selection process wasn’t competitive nor transparent. On the contrary, since the World Bank’s founding, ...

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World Economic Outlook: Eurodad warns that new debt crises could derail the sustainable development goals

Washington DC, 9 April 2019 - The new World Economic Outlook released today indicates that the world economic situation is deteriorating. Many poor countries have already been struck by debt crises. Eurodad, a major network of European civil society organisations working on development finance, warns that progress against the sustainable development goals could be derailed or even reversed. Poverty and inequality could rise, if no counter measures are taken.“High debt levels became a key constraint ...
Registrations are open for the Eurodad International Conference this June in Ljubljana, Slovenia. This year’s event is co-hosted with Ekvilib Institute and supported by SLOGA platform, Focus and EnaBanda. Asking whether development finance in the ...
The European Network on Debt and Development (Eurodad) is delighted to announce the appointment of its new Director, Jean Letitia Saldanha.  Jean takes over from interim Director Antonia Vorner at the end of April. She joins Eurodad from CIDSE, the ...

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Eurodad reaction to the European Commission’s initiative on EU tax decision making

Tuesday January 15 2019 Today, the European Commission kick-started the debate on whether to change EU decision making on tax matters, suggesting a stepwise move towards qualified majority voting, including giving an active role to the European Parliament. At the same time, the Parliament, which currently has an advisory role on EU tax matters, adopted a strong and progressive report calling for the EU to get rid of tax policies that have negative impacts on gender equality. Tove Maria Ryding, ...
The failure of the OECD’s Development Assistance Committee’s to agree tough new rules governing aid invested in the private sector - private sector instruments - was criticised by Oxfam and the European Network on Debt and Development (Eurodad) today. ...