The global debt crisis and the role of private creditors

Sharing responsibilities as well as benefits? The global debt crisis and the role of private creditors

The results of the G20 initiatives to relieve the debt of the Global South, which has been hard hit economically by the pandemic, are sobering. Many eligible countries are reluctant to enter into negotiations. They fear that debt relief will cut off their long-term access to private capital markets and cause them to lose the confidence of private investors. These concerns have been reinforced by creditors, especially from the private sector. And the G20? Despite its commitment to private sector participation in the Common Framework for Debt Treatments, it has so far not found the political will to make such participation mandatory. However, this would be a key step to shield debtor countries from uncooperative creditors and achieve substantial debt relief.

In the run-up to the joint meeting of G20 health and finance ministers this October we have invited international experts from academia, government, and financial institutions to discuss the following questions among others:

Is there empirical evidence that debt relief excludes countries from much-needed development finance?
On what grounds could the participation from the private sector in official debt relief initiatives, comparable to other creditors, be expected?
In what ways can the G20 compel private sector participation and equal burden-sharing?

Further event details will be forthcoming, but please stay apprised of updates here: https://ny.fes.de/

____________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Sustainable Development-New York, please visit ngocsd-ny.org.

The global debt crisis and the role of private creditors

Sharing responsibilities as well as benefits? The global debt crisis and the role of private creditors

The results of the G20 initiatives to relieve the debt of the Global South, which has been hard hit economically by the pandemic, are sobering. Many eligible countries are reluctant to enter into negotiations. They fear that debt relief will cut off their long-term access to private capital markets and cause them to lose the confidence of private investors. These concerns have been reinforced by creditors, especially from the private sector. And the G20? Despite its commitment to private sector participation in the Common Framework for Debt Treatments, it has so far not found the political will to make such participation mandatory. However, this would be a key step to shield debtor countries from uncooperative creditors and achieve substantial debt relief.

In the run-up to the joint meeting of G20 health and finance ministers this October we have invited international experts from academia, government, and financial institutions to discuss the following questions among others:

Is there empirical evidence that debt relief excludes countries from much-needed development finance?
On what grounds could the participation from the private sector in official debt relief initiatives, comparable to other creditors, be expected?
In what ways can the G20 compel private sector participation and equal burden-sharing?

Further event details will be forthcoming, but please stay apprised of updates here: https://ny.fes.de/

____________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Sustainable Development-New York, please visit ngocsd-ny.org.

Build Your House on Your Own Pillars: Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy

Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy

15 June 2021, 13:00 – 15:00 (CET)

The South Centre and the Global Alliance for Tax Justice invite you to a webinar titled Build Your House on Your Own Pillars: Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy. The webinar will feature prominent voices of the Global South, including negotiators in the Inclusive Framework, who will share their views on the key issues for developing countries in the “Two Pillar Approach” on taxing the digitalized economy. It seeks to introduce a new taxing right in Pillar One focused on reforms to existing nexus and profit allocation rules, while Pillar Two is focused on a global minimum tax. The Two Pillar approach aims to introduce new elements into international taxation, such as limited formulary apportionment, multilateral dispute resolution and the allocation of taxing rights through a multilateral agreement. There are several pending issues which need resolution and are of importance to developing countries.

The webinar will be a panel discussion followed up with a Question-and-Answer session.

Registration: https://zoom.us/meeting/register/tJAlcuGrrDwoE9YjHBEhFvPPgTRl17BO-HtF

____________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org.

Build Your House on Your Own Pillars: Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy

Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy

15 June 2021, 13:00 – 15:00 (CET)

The South Centre and the Global Alliance for Tax Justice invite you to a webinar titled Build Your House on Your Own Pillars: Key Issues for Developing Countries at the OECD Inclusive Framework Negotiations on the Taxation of the Digital Economy. The webinar will feature prominent voices of the Global South, including negotiators in the Inclusive Framework, who will share their views on the key issues for developing countries in the “Two Pillar Approach” on taxing the digitalized economy. It seeks to introduce a new taxing right in Pillar One focused on reforms to existing nexus and profit allocation rules, while Pillar Two is focused on a global minimum tax. The Two Pillar approach aims to introduce new elements into international taxation, such as limited formulary apportionment, multilateral dispute resolution and the allocation of taxing rights through a multilateral agreement. There are several pending issues which need resolution and are of importance to developing countries.

The webinar will be a panel discussion followed up with a Question-and-Answer session.

Registration: https://zoom.us/meeting/register/tJAlcuGrrDwoE9YjHBEhFvPPgTRl17BO-HtF

____________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org.

Alternatives to Debt and Austerity in Latin America

Alternativas frente a la Deuda y Austeridad en América Latina | Alternatives to Debt & Austerity in Latin America

Panel:

Oscar Ugarteche, Coordinator of the Economic Observatory of Latin America (OBELA) from the Economic Research Institute (UNAM).
Isabel Ortiz, Director of Global Social Justice

Comments:

How do austerity policies affect workers? Jocelio Drummond, Regional Secretary of the Public Services International (PSI) for the Americas
How do austerity policies affect women’s rights? Verónica Serafini, Latindadd
How was the IMF´s return to Latin America? Mario Valencia, Latindadd

Moderator: Patricia Miranda, Latindadd

Register here: https://zoom.us/webinar/register/5516215289568/WN_lCE-A_smQ_GEr946KztoZQ

Background:
Latin America is going through one of the worst social and economic crises, which drags structural failures of the economic model deepened during the pandemic.

In the face of confinement decisions, developed countries have responded with fiscal stimuli and monetary emissions, and some poor countries have managed to access temporary debt service suspensions. However, middle-income countries -that is to say, almost all countries in Latin America- face difficulties in accessing the neccesary financing to address health and economic emergencies.

Concerns in the region grow around the need to alleviate the situation of millions of people living below the poverty line, closing the deepening gender gaps, applying urgent measures in the face of job losses, preventing lack of education from becoming a structurally lagging factor and also, preventing countries from continuing to depend on the extractive economy as the only form of economic growth, among others.

The financing needs to face the crisis have led countries to borrow, increasing their external and internal debt in the midst of a critical fiscal situation, as well as to implement austerity measures. The IMF has returned to the region and there are no signs of a sustainable recovery in this new lost decade for Latin America. In this seminar we seek to address responses and solutions to the situation in Latin America, in the midst of a multiple crisis. Additionally, we seek to address alternatives leading to the recovery of the region.

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Human Rights, please email the co-chairs at bknotts@uua.org or bobbinassar@gmail.com.

Alternatives to Debt and Austerity in Latin America

Alternativas frente a la Deuda y Austeridad en América Latina | Alternatives to Debt & Austerity in Latin America

Panel:

Oscar Ugarteche, Coordinator of the Economic Observatory of Latin America (OBELA) from the Economic Research Institute (UNAM).
Isabel Ortiz, Director of Global Social Justice

Comments:

How do austerity policies affect workers? Jocelio Drummond, Regional Secretary of the Public Services International (PSI) for the Americas
How do austerity policies affect women’s rights? Verónica Serafini, Latindadd
How was the IMF´s return to Latin America? Mario Valencia, Latindadd

Moderator: Patricia Miranda, Latindadd

Register here: https://zoom.us/webinar/register/5516215289568/WN_lCE-A_smQ_GEr946KztoZQ

Background:
Latin America is going through one of the worst social and economic crises, which drags structural failures of the economic model deepened during the pandemic.

In the face of confinement decisions, developed countries have responded with fiscal stimuli and monetary emissions, and some poor countries have managed to access temporary debt service suspensions. However, middle-income countries -that is to say, almost all countries in Latin America- face difficulties in accessing the neccesary financing to address health and economic emergencies.

Concerns in the region grow around the need to alleviate the situation of millions of people living below the poverty line, closing the deepening gender gaps, applying urgent measures in the face of job losses, preventing lack of education from becoming a structurally lagging factor and also, preventing countries from continuing to depend on the extractive economy as the only form of economic growth, among others.

The financing needs to face the crisis have led countries to borrow, increasing their external and internal debt in the midst of a critical fiscal situation, as well as to implement austerity measures. The IMF has returned to the region and there are no signs of a sustainable recovery in this new lost decade for Latin America. In this seminar we seek to address responses and solutions to the situation in Latin America, in the midst of a multiple crisis. Additionally, we seek to address alternatives leading to the recovery of the region.

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Human Rights, please email the co-chairs at bknotts@uua.org or bobbinassar@gmail.com.

Grassroots Community-Based Research Findings: “Asks” to Strengthen Social Protection, Digital & Financial Inclusion, and Climate Finance in a Post-COVID-19 Era

Grassroots Community-Based Research Findings: “Asks” to Strengthen Social Protection, Digital and Financial Inclusion, and Climate Finance in a Post-COVID-19 Era

Register HERE by 5:00 pm EST on April 14

The Addis Ababa Action Agenda provides a global framework for financing sustainable development by aligning all financing flows and policies with economic, social and environmental priorities. The Paris Agreement provides the roadmap for climate actions that will reduce emissions and build climate resilience. Together they provide the most important global frameworks for achieving the Sustainable Development Goals. However, the experiences of the COVID-19 pandemic tell us the frameworks have not translated effectively to those who need it the most.

This side event presents a critical look at how adequate the Addis Ababa Action Agenda and the Paris Agreement have been to meet their avowed goals at the grassroots level and effective compliance by Member States. It also presents the impact on Social Protection, Financial Inclusion and Climate Finance looking through the principle of “Leaving No One Behind.” Primary data that was gathered by field surveys conducted in 7 countries regarding Social Protection, Financial Inclusion and Climate Finance both before and during the pandemic forms the basis for policy “asks” to strengthen Social Protection, Financial Inclusion and Climate Finance. It will provide an opportunity to engage in “Hearing People’s Voices” impacted by the lack of adequate funding for social protection, financial inclusion and climate financing and reeling under the economic, social and health crisis caused by the pandemic.

Tentative Program Agenda:

Financing for Sustainable Development Office to share its perspective on status of delivering on commitments made under Addis Ababa Action Agenda including social protection, financial inclusion, and climate finance
Introduction to the Project & Presentation of Review Project Implementation & Survey Findings
Enumerator’s Experience from the field – 3 enumerators from 3 different countries / continents to share their experience during the survey
Access to Social Protection, Financial Inclusion, Climate Finance Pre- Covid 19 – Voices from the ground – 3 respondents from 3 different countries / continents to share their access to Social Protection, Digital and Financial Inclusion, Climate Finance before and during Covid
Response from Misean Cara
Responses from member states
Recommendations

Moderator: Anita Thomas – Chair, NGO Committee on Financing for Development

Co-sponsoring organizations: NGO Committee on Financing for Development, Salesian Missions Inc., Misean Cara, Man Up Campaign, Congregation of Our Lady of the Good Shepherd, STARTNOO, Virginia Gildersleeve International Fund (Women First International Fund), Sisters of Charity Federation, Institute of the Blessed Virgin Mary, Maryknoll Sisters, United Religions Initiative, Salesians of Don Bosco, Ireland

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Grassroots Community-Based Research Findings: “Asks” to Strengthen Social Protection, Digital & Financial Inclusion, and Climate Finance in a Post-COVID-19 Era

Grassroots Community-Based Research Findings: “Asks” to Strengthen Social Protection, Digital and Financial Inclusion, and Climate Finance in a Post-COVID-19 Era

Register HERE by 5:00 pm EST on April 14

The Addis Ababa Action Agenda provides a global framework for financing sustainable development by aligning all financing flows and policies with economic, social and environmental priorities. The Paris Agreement provides the roadmap for climate actions that will reduce emissions and build climate resilience. Together they provide the most important global frameworks for achieving the Sustainable Development Goals. However, the experiences of the COVID-19 pandemic tell us the frameworks have not translated effectively to those who need it the most.

This side event presents a critical look at how adequate the Addis Ababa Action Agenda and the Paris Agreement have been to meet their avowed goals at the grassroots level and effective compliance by Member States. It also presents the impact on Social Protection, Financial Inclusion and Climate Finance looking through the principle of “Leaving No One Behind.” Primary data that was gathered by field surveys conducted in 7 countries regarding Social Protection, Financial Inclusion and Climate Finance both before and during the pandemic forms the basis for policy “asks” to strengthen Social Protection, Financial Inclusion and Climate Finance. It will provide an opportunity to engage in “Hearing People’s Voices” impacted by the lack of adequate funding for social protection, financial inclusion and climate financing and reeling under the economic, social and health crisis caused by the pandemic.

Tentative Program Agenda:

Financing for Sustainable Development Office to share its perspective on status of delivering on commitments made under Addis Ababa Action Agenda including social protection, financial inclusion, and climate finance
Introduction to the Project & Presentation of Review Project Implementation & Survey Findings
Enumerator’s Experience from the field – 3 enumerators from 3 different countries / continents to share their experience during the survey
Access to Social Protection, Financial Inclusion, Climate Finance Pre- Covid 19 – Voices from the ground – 3 respondents from 3 different countries / continents to share their access to Social Protection, Digital and Financial Inclusion, Climate Finance before and during Covid
Response from Misean Cara
Responses from member states
Recommendations

Moderator: Anita Thomas – Chair, NGO Committee on Financing for Development

Co-sponsoring organizations: NGO Committee on Financing for Development, Salesian Missions Inc., Misean Cara, Man Up Campaign, Congregation of Our Lady of the Good Shepherd, STARTNOO, Virginia Gildersleeve International Fund (Women First International Fund), Sisters of Charity Federation, Institute of the Blessed Virgin Mary, Maryknoll Sisters, United Religions Initiative, Salesians of Don Bosco, Ireland

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Digital and Financial Inclusion: Pathways to promote an inclusive Post-COVID-19 socio-economic recovery

Virtual side event during the 2021 ECOSOC FfD Forum on Financing for Development

Date & time: April 12 from 1:15 pm – 2:45 pm EST

Register in advance for this meeting (by 5:00pm EST on April 11): https://us02web.zoom.us/meeting/register/tZwpcOGopj4tE9OFujGTOC3FTT_-z2aMJ0Sr

World Bank data (September 2020) indicates that 212 countries have planned, introduced, or put in place 1179 safety net payments and other social protection measures for the most vulnerable populations. But reports also show that digital exclusion and lack of access to a bank account, in the form of a transactional or savings account or a digital wallet, continues to pose immense challenges for those in marginalized communities, especially women youth, refugees, and migrant workers in the informal sector, to recoup benefits from government relief measures such as cash transfers and subsidies, the very measures intended to help tide them over, in a quick and timely manner. Women continue to face widespread barriers to financial inclusion. Globally, of the 1.7 billion people that remain unbanked, meaning they do not hold an account at a bank or a mobile bank provider, approximately 1 billion are women and in developing countries. The 9% gender gap that existed over the last decade continues to persist.

While businesses are increasingly offering consumers the option to transact through online and mobile platforms, two major barriers prevent consumers from adopting these digital options: lack of internet connectivity (digital exclusion) and or lack of a bank account to receive or make payments (financial exclusion). In addition, Micro Small and Medium Enterprises (MSME) face considerable challenges in accessing digital financial services and credit, inclusive insurance schemes and online payment systems and retail platforms that will be keys for their survival in the post-COVID era.

Digital financial inclusion is ever more critical for marginalized communities, especially women, youth, refugees and informal migrant workers, to recover from the crisis and to ensure the survival and sustainability of MSMEs. Long-term risks and barriers of entry, including lack of access to Smartphone services due to marginalized populations’ inabilities to engage in contracts, complex lending practices, especially among women, poor digital literacy and financial literacy and numeracy skills, and lack of valid identification for refugees forced to leave all personal possessions behind, to name but a few, are significant obstacles that could cause more harm than good if not effectively managed. The Global community must act now to bridge the gaps and barriers restricting the world’s most vulnerable populations from meeting their financial needs.

Implementing appropriate regulatory measures in a timely manner is essential for consumer protection and to ensure the funds reach those whom it is intended for. In the July 1, 2020 Special Series Notes on COVID-19 of the International Monetary Fund, experts noted that while the need for social distancing has put a spotlight on digital financial services, scaling up too fast in times of crisis without appropriate regulatory mechanisms could pose a risk to stability and integrity.

The panel will explore the interlinkages between financial and digital inclusion, innovative advancement in fintech and digital infrastructure to advance last-mile connectivity and address the challenges to financial inclusion faced by marginalized communities and MSMEs, as well as propose measures to address regulatory challenges, and disparities in broadband connectivity.

Panelists:

Member State representative (TBC)
Ms. Lois, Bruu, Vice President, Humanitarian and Development, Master Card Speaking on innovative initiatives to advance digital financial inclusion for marginalized communities, especially women, and MSMEs and recommendations to address financial, economic, structural, and regulatory barriers to advancing financial inclusion for all
Ms. Purva Khera, Economist, International Monetary Fund Interlinkages between digital and financial inclusion, financing challenges and advancement in fintech to address the challenges faced by MSMEs and marginalized communities, including women
Mr. Jon Frost, Senior Economist, Innovation and the Digital Economy unit, MED, Bank for International Settlements Risks and emerging concerns around digital finance that could work contrary to goals to help marginalized communities
Representative from civil society speaking on an innovative initiative/s to ensure reliable broadband connectivity for advancing digital financial services, including last-mile connectivity (TBC)
Ms. Lydia Charles, Founder and Executive Director, Her Initiative, Tanzania Challenges to financial and digital inclusion at the grassroots level, especially for women, and steps to take to address these challenges.

Moderator: Anita Thomas, Representative to the UN, Virginia Gildersleeve International Fund (DBA Women First International Fund); Chair, NGO Committee on Financing for Development

Co-sponsors:

Virginia Gildersleeve International Fund, Sisters of Charity Federation, Institute of the Blessed Virgin Mary – Loreto Generalate, Global Foundation for Democracy and Development, New Humanity for the Focolare Movement, Salesian Missions Inc, Change Management Solutions, Startnoo

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

Digital and Financial Inclusion: Pathways to promote an inclusive Post-COVID-19 socio-economic recovery

Virtual side event during the 2021 ECOSOC FfD Forum on Financing for Development

Date & time: April 12 from 1:15 pm – 2:45 pm EST

Register in advance for this meeting (by 5:00pm EST on April 11): https://us02web.zoom.us/meeting/register/tZwpcOGopj4tE9OFujGTOC3FTT_-z2aMJ0Sr

World Bank data (September 2020) indicates that 212 countries have planned, introduced, or put in place 1179 safety net payments and other social protection measures for the most vulnerable populations. But reports also show that digital exclusion and lack of access to a bank account, in the form of a transactional or savings account or a digital wallet, continues to pose immense challenges for those in marginalized communities, especially women youth, refugees, and migrant workers in the informal sector, to recoup benefits from government relief measures such as cash transfers and subsidies, the very measures intended to help tide them over, in a quick and timely manner. Women continue to face widespread barriers to financial inclusion. Globally, of the 1.7 billion people that remain unbanked, meaning they do not hold an account at a bank or a mobile bank provider, approximately 1 billion are women and in developing countries. The 9% gender gap that existed over the last decade continues to persist.

While businesses are increasingly offering consumers the option to transact through online and mobile platforms, two major barriers prevent consumers from adopting these digital options: lack of internet connectivity (digital exclusion) and or lack of a bank account to receive or make payments (financial exclusion). In addition, Micro Small and Medium Enterprises (MSME) face considerable challenges in accessing digital financial services and credit, inclusive insurance schemes and online payment systems and retail platforms that will be keys for their survival in the post-COVID era.

Digital financial inclusion is ever more critical for marginalized communities, especially women, youth, refugees and informal migrant workers, to recover from the crisis and to ensure the survival and sustainability of MSMEs. Long-term risks and barriers of entry, including lack of access to Smartphone services due to marginalized populations’ inabilities to engage in contracts, complex lending practices, especially among women, poor digital literacy and financial literacy and numeracy skills, and lack of valid identification for refugees forced to leave all personal possessions behind, to name but a few, are significant obstacles that could cause more harm than good if not effectively managed. The Global community must act now to bridge the gaps and barriers restricting the world’s most vulnerable populations from meeting their financial needs.

Implementing appropriate regulatory measures in a timely manner is essential for consumer protection and to ensure the funds reach those whom it is intended for. In the July 1, 2020 Special Series Notes on COVID-19 of the International Monetary Fund, experts noted that while the need for social distancing has put a spotlight on digital financial services, scaling up too fast in times of crisis without appropriate regulatory mechanisms could pose a risk to stability and integrity.

The panel will explore the interlinkages between financial and digital inclusion, innovative advancement in fintech and digital infrastructure to advance last-mile connectivity and address the challenges to financial inclusion faced by marginalized communities and MSMEs, as well as propose measures to address regulatory challenges, and disparities in broadband connectivity.

Panelists:

Member State representative (TBC)
Ms. Lois, Bruu, Vice President, Humanitarian and Development, Master Card Speaking on innovative initiatives to advance digital financial inclusion for marginalized communities, especially women, and MSMEs and recommendations to address financial, economic, structural, and regulatory barriers to advancing financial inclusion for all
Ms. Purva Khera, Economist, International Monetary Fund Interlinkages between digital and financial inclusion, financing challenges and advancement in fintech to address the challenges faced by MSMEs and marginalized communities, including women
Mr. Jon Frost, Senior Economist, Innovation and the Digital Economy unit, MED, Bank for International Settlements Risks and emerging concerns around digital finance that could work contrary to goals to help marginalized communities
Representative from civil society speaking on an innovative initiative/s to ensure reliable broadband connectivity for advancing digital financial services, including last-mile connectivity (TBC)
Ms. Lydia Charles, Founder and Executive Director, Her Initiative, Tanzania Challenges to financial and digital inclusion at the grassroots level, especially for women, and steps to take to address these challenges.

Moderator: Anita Thomas, Representative to the UN, Virginia Gildersleeve International Fund (DBA Women First International Fund); Chair, NGO Committee on Financing for Development

Co-sponsors:

Virginia Gildersleeve International Fund, Sisters of Charity Federation, Institute of the Blessed Virgin Mary – Loreto Generalate, Global Foundation for Democracy and Development, New Humanity for the Focolare Movement, Salesian Missions Inc, Change Management Solutions, Startnoo

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

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