Who can offer some hope?
Who can offer some hope?
a vote in the 2nd Committee of the UN General Assembly ended with an overwhelming majority in favor of approving the Terms of Reference for a UN Framework Convention on International Tax Cooperation. The negotiation process for the new convention is now set to begin in February 2025 and end in 2027.
The international financial architecture is in urgent need of reform. In the words of UN Secretary-General António Guterres, it is “outdated, dysfunctional and unjust”. The main institutions were created 80 years ago in a transatlantic agreement, at a time when many of the world’s nation-states of today were still colonies. Moreover, the institutions have failed in their mission to prevent and mitigate crises and to mobilize sufficient financing for internationally agreed development goals.
Reimagining the International Financial Architecture | Global Policy Forum
A Reform Agenda for the Upcoming 4th International Conference on Financing for Development
Rather: a call for committing to action… will it happen?
The Summit of the Future—committing to action (socialeurope.eu)
What are the priorities in the preparation of this important summit?
The South Centre and the Transnational Institute organized on 11 April of 2024 in Geneva a pivotal dialogue on the expected outcomes of the forthcoming United Nations (UN) Summit of the Future. The dialogue was specifically designed to allow International Geneva to dissect and exchange ideas on the ongoing negotiation process towards the ‘Pact for the Future’.
The dialogue brought together representatives from developing countries, scholars, researchers, and civil society organisations (CSOs) in a collective effort to deliberate on the Summit’s objectives and the proposed outcome document.
SouthNews: Geneva Dialogue on the UN ‘Pact for the Future’ (mailchi.mp)
International tax dodging, corporate tax reform, wealth taxes and environmental tax issues were all on the agenda of the first substantial negotiations of the UN Tax Convention process, which ended this week in New York. The process included all 193 Member States at the United Nations, and at the final plenary, all countries reached a consensus agreement on the next – and final – negotiating round, starting in July this year.
Important step forward for UN Tax Convention process – Eurodad
The ITUC demands substantial changes in global financial strategies to better meet the Sustainable Development Goals (SDGs), after the conclusion of the United Nations’ Financing for Development Forum (FfD Forum).
As the negotiations of Terms of Reference for a new United Nations Framework Convention on International Tax Cooperation move forward, over 170 organisations and trade unions have responded to a consultation and made a joint submission to the Chair of the negotiations, specifying the key points that we expect the Convention to deliver on.
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