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Newswire on the IFIs

  • Austerity a moral issue as it inflicts millions
  • Bangladesh exposes flaws in World Bank's Doing Business Index
  • Poverty should not be entrusted to economists
  • A flawed 'Doing Business' report
  • Risk and accountability: What role for the Inspection Panel?
  • Rio Tinto gets Australian government loan for Mongolian mine project
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Monthly Issue Update - February 28, 2011

ODA accountability consultation; World Bank dumps human rights; Bank report on extractives ignores reality.

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Joint CSO Statement on IFC and Human Rights

International CSO statemen regarding human rights and the International Finance Corporation's draft sustainabilty framework.
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Submission to ODA Accountability Act Consultation 2011

Submission by the Halifax Initiative and CCIC regarding implementation of the Official Development Assistance Accountability Act.

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Return of the financial transactions tax - Op-ed

Return of the financial transactions tax

Embassy Magazine, Feb. 16, 2011

By John Jacobs

In spite of Canada's attempt to bury it at the Toronto G20 meeting, a tax on financial transactions is back on the global agenda and gaining momentum.

French President Nicolas Sarkozy has pledged to use his term as chair of the G20 to reform the global financial system and curb the speculation that contributed to the economic crisis. At the top of his agenda is an international financial transactions tax (FTT) to fund the fight against poverty and climate change.

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Monthly Issue Update - January 31, 2011

Ruggie guidelines stir debate
In 2008, the UN Human Rights Council extended Special Representative John Ruggie’s mandate on business and human rights. Among other things, the Council asked Mr. Ruggie to identify “concrete and practical recommendations on ways to strengthen the fulfilment of the duty of the State to protect all human rights from abuses by or involving transnational corporations.”

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CTV Power Play Interview on Bill C-300

Interview with Karyn Keenan, Halifax Initiative Program Officer and Gordon Peeling, President of the Mining Association of Canada, before Third Reading of Bill C-300 in the House of Commons.

http://watch.ctv.ca/news/clip366982#clip366788

Monthly Issue Update - October 31, 2010

Victims of Kilwa Massacre Seek Justice in Canada
Congolese nationals have launched a class action law suit in a Montreal court against Canadian mining company, Anvil Mining. At least 73 civilians were killed in 2004 when the Congolese Armed Forces attacked residents in the town of Kilwa. A UN investigation revealed that planes, vehicles, personnel and food controlled by Anvil Mining were used by the army during the attack (see IU Oct. 31, 2008).

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CNCA Press Release on Bill C-300

Bill C-300: Narrow Defeat despite Widespread Support for Mining Accountability and Human Rights

Ottawa, October 28th, 2010 - The Canadian Network on Corporate Accountability (CNCA) deeply regrets the defeat of Private Member’s Bill C-300, The Responsible Mining Bill, at third and final reading in the House of Commons. The Bill lost by a narrow margin of 140 to 134.

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Civil Society Statement on CSR Counsellor

Government’s new Toothless Review Mechanism Underlines why Responsible Mining Bill C-300 is Necessary

Ottawa, October 26, 2010 – One day before the third and final vote in the House of Commons on Bill C-300, the government has launched its Review Process, a dispute resolution mechanism whereby the Extractive Sector Corporate Social Responsibility Counsellor proposes to mediate between aggrieved communities and Canadian mining, oil, and gas companies.

Significant deficiencies render this mechanism inadequate to resolve serious community grievances: the dispute mechanism is voluntary in nature, lacks a transparent fact-finding function and will lead to neither recommendations to government nor to sanctions. Consequently, Bill C-300 remains an important piece of legislation.

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Civil Society Statement: G20: Take Action on FTT

To sign on to this letter, send the name of the organization and country in which it is based by 5PM Washington DC time on November 3rd to Amy Gray: amy@campaignforeducation.org

International Civil Society Statement to the G-20 Leaders Summit in Seoul

We, the undersigned civil society organizations from 32 countries, urge G-20 leaders to make concrete progress towards the introduction of an internationally coordinated financial transactions tax (FTT) at the upcoming summit in Seoul.

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