Innovative mechanisms for financing development, and in particular the Financial Transactions Tax

by Fraser Reilly-King, Coordinator, Halifax Initiative Coalition
May 6, 2010

My name is Fraser Reilly-King and I am the Coordinator of the Halifax Initiative, a coalition of eighteen development, environment, faith-based, human rights and labour organizations. We focus on international finance issues, in particular with respect to the World Bank, International Monetary Fund and export credit agencies.

Introduction

The undersigned civil society organizations have prepared this joint submission to provide an overview of many of our concerns related to IFC’s Policy on Social and Environmental Sustainability, the Performance Standards, related guidance documents, and the Disclosure Policy. We believe these concerns should be explored and addressed further through IFC’s current consultation and review process.

Presentation regarding the principles for guiding a more democratic, representative and accountable G-20

by Fraser Reilly-King, Coordinator, Halifax Initiative Coalition
October 29, 2009

Thank you for inviting us to appear before the Standing Committee to discuss issues related to next year’s Group of Eight and Group of Twenty meeting in Huntsville, Ontario in June.

Presentation regarding Bill C-300 - An Act respecting Corporate Accountability for the Activities of Mining, Oil or Gas in Developing Countries

Karyn Keenan, Program Officer, Halifax Initiative
October 22, 2009

The Halifax Initiative is a coalition of human rights, environmental, faith-based, development and labour organizations. Our objective is to transform public international financial institutions to achieve poverty eradication, environmental sustainability and the full realization of universal human rights.

My work focuses on the operations of public institutions that provide support to the private sector, in particular the International Finance Corporation of the World Bank Group and Export Development Canada. The latter, a Crown corporation, is Canada’s export credit agency and will be the focus of my comments this morning.

Executive Summary
2010 will be a decisive year for Canada, and for the world.  The deadline for meeting the world’s Millennium Development Goals (MDGs) is only five years away.   Our decisions on economic reform and climate change will determine the success of world’s efforts to reduce poverty and reverse dangerous global warming for the next generation and beyond.  As host of the next G8 and G20 Summits, Canada can make the difference between relegating these aspirations to a distant hope in an uncertain future and confirming the possibility of achieving these goals in our lifetime.  The consequences of reneging on our promises are unthinkable for the millions around the world looking towards a new model of globalization that is socially responsible, economically sustainable and environmentally just.