
| Eurodad Newsletter | May 03, 2012 - Issue# 95
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| European Network on Debt and Development DEVELOPMENT FINANCE WATCH |
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Civil society helps secure positive outcome of UNCTAD XIII The final Declaration includes a strong mandate for UNCTAD's vital work which includes analyzing the financial crisis and the related social crisis it has created. read more News» The European Parliament wants stronger measures against tax evasion
MEPs overwhelmingly voted through a resolution calling for Automatic Information Exchange, Country-By-Country Reporting, and a mandatory Common Consolidated Corporate Tax Base. read more Blog» Fair rules on debt: developing countries try to force the IMF’s hand At the spring meetings, developing countries made a bid to get debt work-out mechanisms back on the agenda. They called for a study on sovereign debt restructuring mechanisms. read more News» Investing in financial intermediaries: a way to fill the gaps in public climate finance A new report released by Eurodad calls into question the latest desperate initiative of donors to fill the gaps in public climate finance: investing in the private sector with the aim of leveraging additional funds. Beyond our borders – A critique of the external dimension of the EU energy policy and its financing mechanisms Tensions with Russia and Eastern neighbours concerning energy transit and rapid changes in the Mediterreanean have moved the European Commission attempt to increase European integration and collective political action on this matter. read more
Report» Enhacing the IMF’s focus on growth and poverty reduction in Low-income countries Improvements in the situation of millions of children in the last two decades are clear evidence that ‘development works’. The Report analyses the improvements to children’s lives in five sectors: health, nutrition, water and sanitation, education, and child protection. read more
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| What''s New | 
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| Issue #95 May 03, 2012 | 
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| | ACTION ALERT Take Action
Developing countries lose more to tax dodging than they receive in aid. Tell world leaders to end tax haven secrecy at the next G20. The petition is available in English, German, Spanish, Italian and French.
FEATURED MEMBER Ekvilib Institute Is an independent NGO based in Slovenia covering social responsibility, human rights and development cooperation.
QUOTE OF THE WEEK
“evidence from Latin America shows that capital controls can be an essential part of economic management for southern countries.” Maria Jose Romero, Latindadd
Facts and Figures
Climate investments account for 4.9% of the IFC and 8.8% of the EIB assessed portfolios, but only 3% of these funds go to low-income countries (equivalent to less than 0.3% of the total portfolios). Eurodad's new report 'Cashing in on climare change?'
EVENTS When: Launch of Eurodad's new report "Private profit for public good?"
When: 30 May Where: Brussels, Belgium Eurodad Mentions Eurodad was mentioned by
Euractive: On use of financial intermediaries for climate finance. Featured Resources
Video of Eurodad's Jeroen Kwakkenbos speaking at ‘Dialogues on development in a time of change' in Madrid.
Video 'Europe’s energy games are not child’s play' By Eurodad member CRBM and CounterBalance JOB VACANCIES Christian Aid: Senior advisor, Poverty Over and inequality, London, UK
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