tax havens

Deadline Glasgow: Defund Climate Chaos

On November 1st, the most important international climate talks since Paris will begin in Glasgow, Scotland. National leaders from around the world will gather and make new climate commitments; many corporations will release their latest climate plans.

That’s why today Stop the Money Pipeline and our coalition partners are launching: Deadline Glasgow – defund climate chaos.

The Glasgow Climate Talks are a historic opportunity for the world to act on climate. When the Paris Agreement was signed five years ago, every nation on earth agreed to meet five years later and “ratchet up” their climate ambition. We’re now at that moment ― and it is vital that we hold the world’s leaders to their promises.

We’ll share the plan to campaign hard through Glasgow & we’ll have clear steps for activists to join us on the campaign.

Speakers include Tara Houska of Giniw Collective, Kayah George of Indigenous Climate Action, Representative Rashida Tlaib, and Bill McKibben.

Register here!

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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 the Rights of Indigenous Peoples, please visit facebook.com/NGOCoRIP. 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.

South-South Sharing of Experiences in Macro-Financial Policies for Structural Transformation

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT

Meeting the 2030 Agenda and the Sustainable Development Goals (SDGs) is inextricably linked with the process of structural transformation. Macroeconomic and financial policies are a key area in which many developing countries face limitations in their capacity to effectively design, manage, coordinate, implement, and evaluate the policy levers of structural transformation. South-South sharing of experiences, including by drawing lessons from success stories such as China’s development strategy, can help to address this shortcoming and assist national capacity-building.

China’s successful development experience over the past 40 years has been based on a pragmatic, gradual and experimental approach to development. Many other developing countries adopted policy strategies that emphasize reducing state influence over key macroeconomic policy levers such as exchange rates and interest rates, combined with broad-based liberalization and privatization at the sectoral level. This latter approach did not result in structural transformation. As such, China’s experience may act as a reference point from which other developing countries can assess alternative economic policy options that are consistent with their own objectives for structural transformation and adapted to their own specific circumstances.

This webinar looks at macroeconomic and financial policies from a comparative cross-country perspective. It aims at fostering a better understanding of the key macroeconomic and financial policy challenges that developing countries face and the extent to which China’s development strategy, trajectory and dynamics can inform other countries’ macroeconomic and financial policy strategies.

Register here: us02web.zoom.us/webinar/register/WN_ryV6dH_4SsKEuaGb7o44tw

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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.

Financing a sustainable recovery: the role of debt-relief instruments

Dear Colleagues,

Please join us for an HLPF Side Event on “Financing a sustainable recovery: The role of debt-relief instruments.”

This virtual side event, which is part of the Financing for Development in the Era of COVID-19 and Beyond Initiative, is jointly organized by UN DESA and UN Economic and Social Commission for Western Asia (UN ESCWA), with participation of UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and UN Economic and Social Commission for Asia and the Pacific (UN ESCAP) and the IMF.

The event brings together UN and other international experts to present and explore efforts to develop instruments for debt relief and restore fiscal space, for countries’ COVID response, climate action and the SDGs. The session aims to strengthen international and regional discourse on debt relief, especially in relation to climate change and the upcoming COP26.

The side event will take place on Thursday, 15 July 2021 (7:30 am – 9:00 am, New York/EDT) on WebEx.

Click here to register for the event and for more information, including the full concept note.

We welcome the participation of all stakeholders. You are most welcome to share this invitation with your networks.

Kind regards,

Navid Hanif

Director, Financing for Sustainable Development Office
Department of Economic and Social Affairs, United Nations

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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

Special session of the General Assembly on challenges and measures to prevent and combat corruption and strengthen international cooperation

Special session of the General Assembly on challenges and measures to prevent and combat corruption and strengthen international cooperation

United Nations Headquarters, June 2-4, 2021,

For the upcoming General Assembly Special Session (UNGASS) against Corruption, kindly note the following guidelines for NGOs in consultative status with ECOSOC, as per resolutions 73/191 and 74/276, as well as decisions 74/568 and 75/562 entitled “Special session of the General Assembly against corruption”:

  • According to Paragraph 2 (d) of UN General Assembly resolution 74/276, representatives of non-governmental organizations in consultative status with the Economic and Social Council are invited to participate in the special session in accordance with the established practice of the General Assembly.
  • In line with this paragraph, the representatives of non-governmental organizations in consultative status with ECOSOC are invited to register to participate in the special session by Wednesday, 5 May 2021, until 5:00 p.m. Proceedings of the special session will be webcast and all ECOSOC accredited NGOs will be provided by DESA with the link to the UN Web TV, where the proceedings of the special session can be virtually followed live. Additional information related to the special session can also be accessed in advance through the website of the Office of the President of the General Assembly (https://www.un.org/pga/75/special-session-against-corruption/) which will be regularly updated.
  • Additionally, as per paragraph 2 (c) of resolution 74/276,  plenary meetings of the special session shall include “statements by […] and, time permitting, a limited number of representatives from relevant organizations attending the special session, in line with subparagraphs (d) and (e) below, selected by the President of the General Assembly, in consultation with Member States, with due regard for geographical balance and gender equity…”
  • Should your organization also wish to be considered for making a statement at the plenary meeting, time permitting and if selected in accordance with the General Assembly resolution 74/276, please indicate your interest to DESA by no later than 5 p.m. on Wednesday, 5 May 2021

*Please note that this indication does not guarantee a speaking opportunity. Only a limited number of representatives from relevant organizations, selected by the President of the General Assembly in accordance with resolution 74/276 will be contacted in due course.

  • As per subparagraph (a) of General Assembly decision 75/562,  those who are invited to participate in line with paragraphs 2 (d) and (e) of its resolution 74/276, may submit a pre-recorded statement, which would be played in the General Assembly Hall after introduction by the President of the General Assembly at the special session.

To register their interest, NGOs are therefore invited to do so at: https://indico.un.org/event/35977/ by no later than Wednesday, 5 May 2021, by 5:00 pm.

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CoNGO Notes: For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org.

UN Webinar on the COVID-19 Impact on Transfer Pricing

The COVID-19 outbreak is not only a health crisis, but a jobs crisis, a humanitarian crisis and a development crisis of unprecedented scale and dimension and it demands unprecedented efforts, including to finance the response and recovery.

The UN Webinar on the COVID-19 Impact on Transfer Pricing will be a 4-hour virtual learning event on the COVID-19 pandemic impact on the policy and administrative aspects of the transfer pricing analyses for developing countries in their efforts to mobilize domestic resources for response and recovery. Given the relevance of the topic to stakeholders from all regions and multiple disciplines, the event will be open to the public. The forthcoming update of the Manual on Transfer Pricing for Developing Countries, approved by UN Committee of Experts on International Cooperation in Tax Matters in its 21st Session, will be considered in light of the COVID-19-related crisis.

Register here!

The webinar is designed to:

• Give participants a better understanding of how the COVID-19 pandemic has disrupted business’ value chains and how the rapid changes and economic downturn have impacted the transfer pricing position of taxpayers and posed a challenge to tax administrations in assessing transfer prices under these circumstances.

• Identify some of the specific issues faced by developing countries on the impact of the COVID-19 pandemic on the transfer pricing position of their taxpayers and suggest practical solutions to these challenges.

• Give particular attention to the issue of the lack of local comparables to undertake the transfer pricing analysis based on the arm’s length principle. It is acknowledged that this issue is not exclusive of the COVID-19 pandemic, but has been exacerbated by it.

• It is acknowledged that while many businesses have incurred losses, some may have experienced extraordinary gains. It is important for developing countries to identify these different circumstances and have a better understanding of how to deal with extraordinary losses, as undue treatment of losses can further erode the tax base.

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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

[UNCTAD Seminar] Building Economic Resilience in Small Island Developing States

UNCTAD and the Commonwealth Secretariat will host an online seminar on “Building economic resilience in small island developing States” on 4 March 2021, from 3 to 5 p.m. CET.

Register here!

Background

The coronavirus disease of 2019 (COVID-19) pandemic has exacerbated the significant vulnerability of small island developing States to external shocks and has unleashed an unprecedented socioeconomic and financial crisis. The pandemic has also compounded the lingering effects of the financial crisis of 2008/09, following which many small island developing States borrowed to underwrite deficit spending and spur economic growth. Already burdened with high debt service costs at the start of the pandemic, many small island developing States lack the fiscal space to respond to the extraordinary needs created by the pandemic.

To break this cycle of recurring crises and incomplete recoveries, small island developing States strive to build their resilience to environmental and economic shocks. In support of this important quest, in 2014, member States, in the SIDS Accelerated Modalities of Action (SAMOA) Pathway, reaffirmed their “commitment to take urgent and concrete action to address the vulnerability of small island developing States”, taking into account their “individual country circumstances”. Economic development strategies provide a blueprint for Governments and incentives for the private sector to invest in new industries and infrastructure, ideally spurring a cycle of economic growth and structural transformation, towards a resilient economy and sustainable long-term development. In this context, UNCTAD and the Commonwealth Secretariat will hold this seminar for member States on building economic resilience in small island developing States, to present their ongoing work and exchange views with member States on alternative development strategies for small island developing States and other small States.

The specific objectives of the seminar are to:

Inform SIDS and small States of assistance provided by UNCTAD and the Commonwealth; Foster debate on “alternative development strategies for diverse SIDS” based on joint UNCTAD-Commonwealth research; and Identify next steps, including further research, policy analysis and technical assistance.

Speakers:

  • Mr. Paul Akiwumi Director, Division for Africa, LDCs and Special Programmes (ALDC), UNCTAD
  • Dr. Arjoon Suddhoo Deputy Secretary-General, Commonwealth Secretariat
  • HE Mr. Chad Blackman PR of Barbados to the UN in Geneva Coordinator of the SIDS Group in Geneva
  • Mr. Pierre Encontre Chief, SIDS and Status Issues Section, UNCTAD
  • Dr. Ruth Kattumuri Senior Director, Economic, Youth & Sustainable Development Directorate, Commonwealth Secretariat
  • Mr. Kris Terauds Economist, SIDS and Status Issues Section, UNCTAD
  • Mr. Paul Akiwumi UNCTAD

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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.

[Monthly Meeting] NGO Committee on Financing for Development

Dear Colleagues,

We hope all of you are doing well.  This is a reminder for the next NGO Committee on Financing for Development meeting that will take place by Zoom on March 3 from 1:00- 3:00 pm EST.

Registration for access to the Zoom link available here: https://us02web.zoom.us/meeting/register/tZ0td-GspjsrHtfM9kwJmPggiJiHQMwHdCKc

Agenda includes:

  • Philipp Erfurth, Economic Affairs Officer, UN Financing for Sustainable Development Office will be providing a briefing on FfD matters
  • Briefing on the International Rescue Committee report “COVID-19 and Refugees’ Economic Opportunities, Financial Services and Digital Inclusion”
  • Anneleen Vos | Senior Policy Officer – Economic Programmes, International Rescue Committee and Prof Dr Hans-Martin Zademach , Katholische Universität Eichstätt-Ingolstadt in Germany

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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 Migration, please visit ngo-migration.org.

Launch of FACTI Panel Final Report

The FACTI Panel is the High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda. It aims to improve the world’s chances of achieving sustainable development by making recommendations that both strengthen current efforts to combat illicit financial flows, and close remaining gaps in the international system.

The FACTI Panel is set to launch its final report at 8:00-10:30 (EST) on Thursday, 25 February 2021. The event will be conducted virtually with simultaneous interpretation for all UN official languages.

All interested participants can register by clicking the registration link below and filling out the form. After registering the FACTI Panel Secretariat will directly send you connection details to attend the launch.

Register here.

Read the FACTI Panel interim report here.

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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-New York, please visit ngocsd-ny.org.

Virtual Briefing for UN Permanent Representatives on the FACTI Panel’s Work

The FACTI Panel will hold a virtual briefing to update the Permanent Representatives of Member States on the Panel’s progress on Friday, 11 December 2020, from 9:00 AM-11:00 AM (EST), 14:00-16:00 (UTC).The meeting will also provide an opportunity for an interactive discussion on the Panel’s workPlease find the time in your local zone here. Kindly find attached the Concept Note with the Agenda.

Join on your computer or mobile app: Click here to join the meeting

Join with a video conferencing device: unitevc@m.webex.com

Video Conference ID: 128 520 745 0

Alternate VTC dialing instructions

Learn More | Meeting options

High Level Panel on International Financial Accountability, Transparency & Integrity for Achieving the 2030 Agenda
info@factipanel.org | @FACTIPanel | http://www.factipanel.org

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org.

Intersessional Meeting of the COP to the UN Convention Against Corruption: Asset Recovery

Intersessional meeting of the Conference of the States Parties to the UN Convention against Corruption: Thematic focus on asset recovery (Vienna)

This meeting is second of five preparatory meetings to be held before the Special Session of the General Assembly Against Corruption.

Tentative timeline available here: https://ungass2021.unodc.org/uploads/ungass2021/documents/session1/UNGASS2021_tentative_timeline.pdf

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

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