Development Finance Watch, Issue 116‏‏

Eurodad Newsletter 11 April 2013 – Issue #116     European Network on Debt and Development DEVELOPMENT FINANCE WATCH
	Top Story » Reaction to EU agreement on transparency of extractive industries BRUSSELS, 9 April. Today the European Commission, the European Parliament and the Council of the EU agreed a compromise text on the transparency of extractive industries. The text will be adopted by the Parliament and the Council over the coming months.  Read more   News » Support to private sector development: is the EU doing the right thing? It is always good to draw lessons that allow us to improve current and future strategies by evaluating past actions. In this regard, the report Evaluation of the European Union’s support to private sector development in third countries’ is important to help our understanding of best practice and lessons learned. Read more     News » Negative outlook for development cooperation The latest figures from the Organisation for Economic Co-operation and Development (OECD) on donor official development assistance (ODA) have been released. For the most part, the Development Assistance Committee figures do not make for very positive reading. Read more     Blog » A tsunami of truth exposes the need for tax justice A flood of stories about hidden wealth and financial tricks is increasing the political pressure to take action against tax havens and financial secrecy. In the European Union, the Anti-Money Laundering Directive provides a key opportunity to close loopholes that are making this hidden world possible. Now is the time for our politicians to show they will keep their promises and crack down on financial secrecy and tax haven games. Read more       Blog » The World Social Forum reviews debt and taxes: who pays, who profits and why?   While most of the world’s population was reeling from one of the globe’s multiple crises, social movements and non-governmental organisations (NGOs) gathered at the World Social Forum (WSF) in Tunisia last month in search of alternatives. Read more News » No more shifty business: Campaigners call for new tax rules In response to the Organisation for Economic Cooperation and Development’s report Addressing Base Erosion and Profit Shifting, 58 campaigning organisations say it’s time to make multinationals pay their fair share of tax. Eurodad, Christian Aid and others are calling on the OECD and G20 to work with the United Nations Tax Committee and governments in developing countries to define new rules for the taxation of multinational companies. Read more     Help us get better: take part in Eurodad newsletter survey !		What’s New   Issue #116   11 April 2013 ACTION ALERT URGENT: Ask your minister to take action on offshore-leaks! FEATURED MEMBER  Forum Syd is a meeting point for people and organisations with different ideas and experiences that are working towards one common goal – global justice. They share the understanding that civil society is an important force for change in the world. QUOTE “The immediate goal in India should be to take strong policy measures for curtailing the generation and circulation of illicit finances and making it harder for multinational businesses to dodge paying tax, as the country cannot afford to continue to lose significant amounts of legitimate public revenue.” Subrat Das, Executive Director of India’s Centre for Budget and Governance Accountability. FACTS AND FIGURES In 2012, members of the Development Assistance Committee (DAC) of the OECD provided $125.6 billion in net official development assistance (ODA), representing 0.29% of their combined gross national income (GNI),  a 4% drop in real terms compared to 2011. FEATURED RESOURCE “Offshore leaks” website EURODAD MENTIONS Øygunn Sundsbø Brynildsen was quoted by The Guardian. Eurodad was mentioned by NewEurope on the anti-corruption agreement. Jeroen Kwakkenbos was quoted by the Volkskrant. The paper on global financial flows, aid and development, written by Eurodad for CONCORD’s Aidwatch coalition, was mentioned on the international debt observatory. EURODAD IN ACTION Jeroen Kwakkenbos spoke at the debate on the role of business in development cooperation. Øygunn Sundsbø Brynildsen spoke during the European Economic and Social Committee thematic discussion, on the Commission proposal to fight money laundering and terrorist financing. Eurodad co-organised several events at the World Social Forum 2013. EVENTS What: World Bank Spring meetings When: 19-21 April 2013 Where: Washington, D.C. What: Think Global Day When: 19 April 2013 Where: Brussels, Belgium What: Eurodad/Glopolis International Conference When: 3-5 June 2013 Where:  Prague, Czech Republic. VACANCIES Oxfam Novib seeks a Policy & Campaigning Officer in Mali. Save the Children is looking for a Humanitarian Finance and Grants Advisor. ActionAid Liberia is looking for a Youth and Governance Advisor. EURODAD STAFF Jeronimo Ruiz Victoria joined Eurodad as Assistant to the Finance Manager and the Director. FOLLOW US ON TWITTER AND LIKE US ON FACEBOOK!     If you have any feedback on articles, content suggestions for future issues or other thoughts, please write to: assistant@eurodad.org
We encourage our readers to circulate this newsletter to interested colleagues. If you have any problems downloading from the web and would prefer to receive documents as an e-mail attachment, please contact assistant@eurodad.org.Eurodad’s articles are also available for re-use in other publications with reference to the original source. Eurodad is a non-profit organisation (ASBL/VZW) based in Belgium. For a list of Eurodad member groups across Europe, or to join, see: http://eurodad.org/members   This publication has been produced with the assistance of the European Commission. The contents of this publication are the sole responsibility of the authors and can in no way be taken to reflect the views of the European Commission.

 

powered by subscribe   unsubscribe forward update profile

This mailing system may only be used for sending permission based email. If you did not give permission to receive emails from this sender, please notify us. This email was sent to samjexx.splog@blogger.com by assistant@eurodad.org | Print / PDF version | Read our Privacy Policy.