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The latest News from Eurodad
Mis à jour : il y a 6 an 47 semaines

BetterAid response to THE “JOINT DECLARATION ON EXPANDING PUBLIC AND PRIVATE CO-OPERATION FOR BROAD-BASED, INCLUSIVE AND SUSTAINABLE GROWTH”

jeu, 08/12/2011 - 17:25
In 2010, the Organization for Economic Cooperation and Development convened an Informal Group on the Private Sector and Aid Effectiveness to better understand the role of aid as a catalyst in supporting effective private sector contribution to development. The Building Block (BB) on the Private Sector and the Thematic Session (TS) on Public-Private Cooperation at the High Level Forum on Aid Effectivess (HLF4) that took place in Busan, South Korea on November - December 2011, are products of this Informal Group.  The “Joint declaration on expanding and enhancing public private cooperation for development” is a product of the BB and TS. The declaration suffers from some key ommisions.  
Catégories: Friends Planet

Parliamentarians from four continents echo Eurodad demands on debt

jeu, 08/12/2011 - 15:28
By Oygunn Sundsbo Brynildsen Members of parliament from Africa, the Caribbean and the Pacific (ACP) and Members of the European Parliament gathered at the Joint Parliamentary Assembly in Lomé, Togo, end of November, and adopted a resolution expressing strong concern about debt vulnerabilities in developing countries, and calling for policy reforms. Proposed solutions reflect key Eurodad proposals including responsible lending guidelines, non-political debt solvency and efforts to combat capital flight. With one third of ACP countries are in debt distress or at high risk of debt distress, the Joint Parliamentary Assembly (JPA) expressed  great concern about current and future debt sustainability, including access to good quality finance. “Policy reforms and new international mechanisms dealing with loan contraction and debt management and resolutions are therefore needed”, says the “Resolution on the impact of debt on development financing in ACP countries”
Catégories: Friends Planet

Busan Partnership for Effective Development Cooperation: some progress, no clear commitments, no thanks to EU

mer, 07/12/2011 - 10:12
The Fourth High Level Forum on Aid Effectiveness (HLF4) has come to a close, resulting in the new Busan Partnership for Effective Development Cooperation, which is a mixed bag in terms of the results that civil society was advocating for.Some progress has been made on the core aid effectiveness agenda, with strengthened commitments on democratic ownership, using country systems and aid untying. Furthermore, China and other BRICs hesitantly moved under the new partnership’s umbrella.However, Busan fails to deliver a framework for effective and responsible private finance, and the future of the aid and development effectiveness process post-Busan is unclear, as the modalities of a follow-up and implementation process could not be agreed. Hot issues that had to be settled last-minute in Busan were the use of country systems, the transparency of commercial flows, human-rights based approaches and the enabling environment for civil society organizations. 
Catégories: Friends Planet

PRESS RELEASE: Details of Zimbabwe's $7bn debt revealed for first time

mer, 30/11/2011 - 13:30
Newly uncovered documents reveal that Zimbabwe’s £210 million debt to the UK includes loans from Tony Blair’s government to Zimbabwe’s police force while they were engaged in internal repression. Campaigners in Zimbabwe are calling for an audit of the country’s $7 billion debt to find out who did and did not benefit from past loans. The Zimbabwean police were loaned money in the 1990s to buy 1,500 Land Rovers, backed by UK Export Finance (then known as the Export Credits Guarantee Department), a unit of the Department for Business. These loans continue to make-up £21 million of Zimbabwe’s debt to the UK. The evidence appears in a new report published by Jubilee Debt Campaign, the Zimbabwe Europe Network and Eurodad. 
Catégories: Friends Planet