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The upcoming Financing for Development (FfD) conference will address major challenges hindering the efforts of developing countries towards sustainable development. The Group of 77 (G77) – a key platform for the Global South in the UN – will play an important role in bringing the interests and demands of the Global South forward. …
These are not easy times to think about reforming or even rebuilding the international cooperation architecture to meet the challenges facing humanity. When international law is bluntly disregarded, multilateral institutions get openly attacked and institutions for global solidarity are dismantled, it is only natural to defend what has been achieved as far as possible and,…
The Fourth International Conference on Financing for Development (FfD4) needs to address the issue of tax expenditures. These preferential tax treatments cause huge immediate public revenue losses while their effectiveness is often in doubt. Governments worldwide use preferential tax treatments – called tax expenditures – to pursue different policy objectives, such as attracting investments, promoting…
The 4th International Conference on Financing for Development (FfD4), scheduled for June 30 to July 3 in Seville, Spain, will conclude an extensive United Nations process that aims to align public and private financial flows with social, environmental, and economic goals. …
In the face of multiple crises, the availability of development finance for developing countries is declining, even as their financing needs to achieve the Sustainable Development Goals are increasing. The Pact for the Future has recently called for eligible countries to channel half of their 2021 allocations of Special Drawing Rights (SDRs) at the International…
