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The money needed to fight climate change and make the Sustainable Development Goals a reality is hidden in tax havens and stowed away in the pockets of vulture funds, as world leaders gather at the UN to sign the climate treaty and discuss the new goals.

A move towards increased transparency and accountability in the private sector should not only apply to extraterritorial obligations, but also be used to fulfill economic and social rights (ESR) domestically. This could very well be done via the Dodd-Frank Act, which sets forth mechanisms that serve not only to fulfill and protect certain rights, but that also provide the legislative framework for third party accountability. These rights include the right to housing, credit, and an adequate standard of living, among others.

The importance of international—or even better, global—cooperation on tax issues is becoming more and more evident in the light of tax evasion and avoidance scandals during the last few months and years. Countries in the global North and South were shown to offer preferential treatment to foreigners—from Panama to Luxemburg from the Cayman Islands to Hong Kong. Individuals as well as huge transnational corporations are using a fragmented and inconsistently regulated global system of trans-border taxation to evade and/or avoid taxes. The sums lost amount to hundreds of billions annually. Depending on the model of estimation, developing countries are losing more than one trillion US dollars per year in illicit financial flows, the majority of which can be attributed to the abuse of transfer pricing rules. A panel of the UN Economic Commission for Africa chaired by former South African president Thabo Mbeki estimates the losses of Africa alone at approximately 50 billion US dollars per year. The Organisation for Economic Co-operation and Development (OECD) puts global revenue losses from Base Erosion and Profit Shifting at an annual 100 to 240 billion US dollars.

Arab NGO Network for Development (ANND) releases the Mutual Accountability Manual on the roles of Different Stakeholders in the 2030 Agenda for Sustainable Development. This guide provides assisting tools for the civil society to play its role within the framework of accountability of the parties concerned with the developmental process, from the public sector as a key partner in the development process and its basic point of reference in the context of policy-making and ensuring the proper implementation and protection of the rights of the citizens, to the private sector as a partner who is supposed to adhere to international standards of human rights, and the donors who are committed to providing the necessary resources for the implementation of the development process and achieving the goals of civil society.

At their first meeting since the Paris climate summit, Ministers and representatives from Brazil, South Africa, India and China (BASIC) reiterated the importance of raising pre-2020 actions in building trust amongst the Parties to pave the way for the implementation of the Paris Agreement.

The ministers noted with concern the pending ratification by many Annex I Parties (developed countries) of the Doha Amendment which established the second commitment period of the Kyoto Protocol (2013-2020), urging Annex I Parties to both ratify and revisit their pledges of Quantified Emission Limitation and Reduction Objectives to close the emission gap.

What do the human rights principles of equality and non-discrimination mean for tax policy? This is the question at the center of the first in a series of four advocacy tools on tax policy and human rights produced by RightingFinance.

The aim of the advocacy tools is to assist education and dissemination of the standards on tax policy and human rights contained in a report produced by the UN Special Rapporteur on Extreme Poverty and Human Rights in 2014 (“the report”). Each of them contains a section on the normative foundations of the principles in question, another on their applications to tax policy – including explanations and references to practical examples – and a third one with guiding questions for reflection.

During the session on “accountability and transparency of multi-stakeholder partnerships” held in the framework of the Partnership Forum at the UN, Barbara Adams from Global Policy Forum and Social Watch said that partnerships are based in a win-win dynamic but there is a need to understand of what is "win-win".

Would be beneficiaries of such initiatives have to be included, she argued. "We need to look and see how the contribution of partnerships has benefits. We need a more systemic approach when we are looking at the win-win approach".

More public investment in caring infrastructure is well warranted under existing evidence, is the message that emerges from a new study released recently by the ITUC (“the study”).

The study shows that investment into the care economy of 2 per cent of GDP in just 7 countries would create over 21 million jobs and help countries overcome the twin challenges of ageing populations and economic stagnation. Investing in care narrows the gender pay gap, reduces overall inequality and helps redress the exclusion of women from decent jobs.


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