G20 - a chance for solutions, or a part of the problem?


#G20 #CSOs #DRM #EUbudget #EurodadIC19 #EconomicJustice4All #DevelopmentFinance

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A woman in silhouette walks past a bright TV screen reading "G20 2019 Japan"

G20 - a chance for solutions, or a part of the problem?

As G20 leaders meet this weekend to debate the state of the global financial and economic system, there is no shortage of problems to discuss. For example, the world is facing a new wave of debt crises; continued large-scale corporate tax avoidance; and a desperate lack of funding for achieving the sustainable development goals, including for ensuring basic infrastructure for public services and combating climate change. The failure of the global system is also exacerbating existing inequalities, including gender inequality.

News & reports

CSOs call for a clear development commitment in the next EU budget negotiations

The next EU budget (2021-2027) is under negotiation. In April the European Parliament confirmed its stand on the Neighbourhood, Development and International Cooperation Instrument (NDICI), which will determine EU development cooperation during this period. The Parliament’s position includes crucial provisions to ensure that the instrument is up to the task of eradicating poverty, reducing inequalities and supporting sustainable development.

Our 2019 International Conference and General Assembly

On 3 and 4 June, Eurodad held its International Conference, followed by the General Assembly on 5 June in Ljubljana, Slovenia. Thanks to our excellent co-host Ekvilib Institute and the support of Focus, SLOGA Platform and EnaBanda, we were able to accommodate over 150 attendees to define our network’s way forward to achieve economic justice for all. Here are the key take away messages from three crucial days of strategising, planning and networking.

We're excited to release our highlight video of the Eurodad International Conference 2019!

Useful resources

Collect more and more fairly? The European Commission's support for Domestic Resource Mobilization in developing countries

Via ActionAid

This paper looks at the EU’s commitments to supporting DRM in developing countries as well as the practice – through development-specific programs and policy, but also other policies that have an impact on this issue. Is the EU living up to its promises? This paper offers a critical perspective and a set of recommendations to the European Commission in relation to its budget support programs and global partnerships on DRM. The paper also provides recommendations on how the EU can improve policy coherence for development when it comes to tax and how to better ‘lead by example’ in the fight against tax avoidance.

Accountability deficit? Assessing the effectiveness of private finance blending in ensuring that small-scale farmers are not left behind

Via Oxfam International

This paper argues that private finance blending should be used with caution in rural development until donors can demonstrate the merits of blending using evidence-based results, in particular the added value of blending for development impact. This is especially important given the obligations of donors to make progress on the reduction of social, economic and gender inequalities. The increasing focus on private finance should not obscure the vital role of public finance in promoting inclusive agricultural transformation that benefits small-scale farmers.

This newsletter has been produced with co-funding from the European Union, Bread for the World and Norad. The contents of this publication are the sole responsibility of Eurodad and can under no circumstances be regarded as reflecting the position of the funders.