The evaluation of the Financing for Development process from the First International Conference on Financing Sustainable Development indicates that the international financial system is not generating the volume of long-term financing needed to meet the sustainable development goals because of inadequate reforms and cooperation at the international level. The Beirut Consensus on Financing for Development was delivered by Mr. Mounir Tabet, Acting Executive Secretary, United Nations Economic and Social Commission for Western Asia (UNESCWA) at the conclusion of the conference organized by UNESCWA in Beirut on 28-29 November 2018. Read more…

UNHQ, 31 October 2018 — Perceiving this growing crisis for multilateralism, the presidents of the UN Charter bodies hosted a high-level dialogue with Member States: “Reviewing the Commitment to Multilateralism”, convened by the Permanent Missions of Bolivia, Ecuador, and Saint Vincent and the Grenadines, in association with the Center on International Cooperation. The President of the General Assembly (PGA), Ms. María Fernanda Espinosa Garcés emphasized that UN Member States should focus on a synergistic approach to the work of the UN, especially for those issues “which cannot be addressed except through multilateral cooperation”, such as “protracted humanitarian crises, climate change, human trafficking, sustainable development, large scale human rights abuses, and threats to peace and security”.

By Chantal Line Carpentier
Just three years ago our world leaders committed “to working tirelessly” for the full implementation of a “comprehensive, far-reaching and people-centred set of universal and transformative goals and targets” (para 2). The 2030 Agenda for sustainable development, also commonly referred to as the Global Goals, is made up of 17 powerful and, some say, overly ambitious Sustainable Development Goals (SDGs). Taken as a whole, Agenda 2030 envisions a world free of poverty, hunger, inequalities, sickness and war, and the lasting protection of the planet and its natural resources, by 2030. Read more…

By Roberto Bissio
Over the last months multinational corporations have jumped from the ‘economy and business’ pages of world newspapers to the sections on ‘crime and police’: Volkswagen was found guilty of programming its cars to cheat on emission tests enabling it to contaminate while on the streets way beyond the acceptable limits. The sugar industry was exposed as having a long record of fake scientific research aimed at blaming other factors for the health problems that they create. Goldman Sachs helped the Greek government in 2001 to lie about the state of its economy, in order to be admitted into the Eurozone. Between 2012 and 2015 the most powerful banks of the world, including Barclays, Chase Morgan, Citibank, Deutsche Bank, HSBC, Lloyds, Royal Bank of Scotland and others, paid billions of dollars in fines for having manipulated for their own benefit the exchange rates among global currencies and the Libor interest rates that determine the cost of billions of credit operations around the world every day. Read more…

Analyse78-en-v08klAt the United Nations (UN) summit in September 2015, the 2030 Agenda for Sustainable Development with its 17 Sustainable Development Goals (SDGs) was adopted by all UN member states. The Agenda gives a comprehensive framework for a global socio-ecological transformation. Along with governments, various actors have been involved in the development of the SDGs, and are now part of implementation strategies. This is the case for organizations (CSOs) and academia as well as the business sector. As a matter of fact, the 2030 Agenda gives the private sector a significant role. The call for business engagement in the 2030 Agenda has been answered by various corporations and corporate lobby groups. Already during the SDG negotiations, the private sector was intensively engaged through many different channels. Now, with the adoption of the goals, several corporations have pledged their support for the SDGs or evaluated the relevance of the SDGs for their own business activities. The idea of business involvement with the SDG is trending but so far there is little systematic analysis: In which way are businesses engaging with the SDGs? What is the actual impact on sustainability of businesses’ SDG activities? And which strategies are needed in order to better align business activities with the transformative Agenda of the SDGs? Read more…

By Martin Khor
There are increasing warnings of an imminent new financial crisis, not only from the billionaire investor George Soros, but also from eminent economists associated with the Bank for International Settlements, the bank of central banks.
The warnings come at a moment when there are signs of international capital flowing out of some emerging economies, including Turkey, Argentina and Indonesia. Read more…

CIVICUS speaks with Barbara Adams, senior policy analyst at the Global Policy Forum (GPF), an independent policy watchdog that monitors the work of the United Nations and scrutinises global policy-making. Founded in 1993 by a group of progressive scholars and activists, GPF promotes accountability and citizen participation in decisions on peace and security, social justice and international law. It does so by gathering information and circulating it through a comprehensive website, playing an active role in civil society networks and other advocacy arenas, organising meetings and conferences and publishing original research and policy papers. Read more…

By Roberto Bissio*   Less than two years after having committed themselves to implement the 2030 Agenda, the same governments that unanimously adopted an ambitious set of sustainable development goals (SDGs) at the UN...