This alliance for a binding treaty on Transnational Corporation (TNC's) gathers global networks and alliances including Dismantle Corporate Power Campaign, FIAN, Friends of the Earth International and Transnational Institute, among others, which collectively represent more than 500 groups world-wide who are determined to stop corporate human rights violations.
Dr. Pedro Paez talks about the creation of a new financial architecture in Latin America, based on principles of redistribution, environmental sustainability and social cohesion rather than market principles that dominated the old architecture.
To which aspects of this crisis should Germans and especially German Christians be most attentive? What would be the right policies to escape from the debt crisis which has been allowed to fester and is now five years old?
Dramatic changes around food, climate, energy, and finance in recent years have pushed questions of land use and land control back onto the centre stage of development discourse, at the very moment when the same conditions are spurring an unprecedented rush for land and water across the globe.
Much touted "land investment" involves appropriation or landgrabbing. What positive alternative investments should public policy support which would strengthen the right to food, re-valorise agricultural work, and build up ecological capital?
'Policy Shift' identifies ten key policy changes that are required to support just alternative agriculture investments. The approach integrates human rights into the core of decision-making and is informed by practical, on-the-ground examples of positive agricultural investments that benefit both small-scale farmers and communities.
Austerity in Greece and Italy has struck workers' particularly hard, but it has also been the context for radical innovations in ’organising the unorganised’, building new kinds of work spaces and even taking control of production.
Not all types of investment are equal in terms of their impact on poverty reduction and development. Through an alarming global tendency, which has governments shaping investment and development policy around the needs of transnational capital, large-scale land deals capturing land and its associated resources are packaged as ‘investments for rural development’. The shift underway in development frameworks is from public sector responsibility for food security towards the private sector as the remedy to hunger and malnutrition, at the expense of the livelihoods, dignity and lifestyle of rural working people, especially poor and marginalised groups. There is a need to ‘reboot’ the debate on agricultural investment, away from the narrow corporate centric perspective, towards investments which best addresses rural poverty and hunger and democratic control of resources – such as public investments and the investments made by small-scale food producers.
The massive concentration and growth of corporate power poses a major threat to what remains of public services, highlighting the ever-deepening crisis of democracy, and the urgent need for people to reclaim the state.
Despite the track record of systemic and systematic violations of the range of human rights, the efforts to establish legally binding obligations and an instrument of enforcement within the UN system have been defeated by determined corporate opposition. The current Guiding Principles developed by the former Special Representative of the UN Secretary General, John Ruggie, do not create "any new international legal obligations" and are therefore non-binding.
Why are people around the world reclaiming essential services from private operators and bringing their delivery back into the public sphere? There are many motivations behind (re)municipalisation initiatives: a goal to end private sector abuse or labour violations; a desire to regain control over the local economy and resources; a wish to provide people with affordable services; or an intention to implement ambitious climate strategies.
Thomas Marois, Senior Lecturer in Development Studies argues that until people regain control of money and credit, we will not be able to stop economic and ecological crises. Most people don't know that fortunately there is untapped potential in public banks, that make up a quarter of all banks worldwide. Drawing on his research on public banks in Turkey, Costa Rica and elsewhere, Marois points to the potential and problems of public banks and how we might harness them to deliver social and environmental justice.
On June 26, 2014, under the leadership of Ecuador and South Africa, the UN Human Rights Council passed landmark resolution 26/9,2 establishing an open-ended inter - governmental working group (IGWG)3 that is mandated to elaborate an international legally binding instrument on transnational corporations (TNCs) and other business enterprises with respect to human rights (hereinafter, the Treaty). It was a tight vote: the resolution was supported by 20 states, mainly from Africa and Asia, and opposed by 14, including the United States and the European Union, with 13 abstentions. The resolution strikes a nerve — and there is much expectation around it.
In addition to having a strategic role as a provider of jobs, food needs, and economic sustainability, small-scale fisheries also become an important driver in conserving fish and natural resources through a variety of local knowledge.