Eyes and ears
at the UN

Economic justice

Articles, Economic justice

An alliance to end corporate privileges?

By Roberto Bissio
What is the purpose of the APEP Summit that will bring ten Latin American presidents and the Canadian prime minister to meet with President Joe Biden at the White House on 3 November? Nobel Prize-winning economist Joseph Stiglitz and influential Democratic Senator Elizabeth Warren have a suggestion: it is the great opportunity to do away once and for all with the private arbitration tribunals that condemn governments to pay huge amounts of compensation to large corporations for lost profits due to health and safety legislation, thereby inhibiting democratic decisions. Read more

Briefings, Economic justice

LDCs and Their “Graduation”

By Alexa Sabatini, Julie Kim, Barbara Adams, and Karen Judd
The UN established the category of least developed countries (LDCs) in 1971, as many developing countries were navigating a path to development in the post-colonial period. The classification identified specific development challenges faced by these countries. Read more

Briefings, Economic justice

Injuring the Care Economy with Private Finance

By Marina Durano, Ph.D.
The pandemic lockdowns and limits to mobility taught painful lessons about the importance of care. First, the pandemic forced us to recognize the value of care workers as essential and that we are dependent on a broad spectrum of essential workers. Second, a significant share of deaths occurred in long-term care homes, exposing the vulnerabilities of a long-neglected sector. Third, parents with school-age children felt the stresses of holding down a job while working from home at the same time that they are caring for their children and family members within a confined space. Read more

Economic justice, Publications

New Release: Interest rate turnaround. A turning point for development finance?

By Bodo Ellmers
Since the adoption of the 2030 Agenda on Sustainable Development, development finance has operated under conditions of low interest rates and high liquidity in global financial markets. This has changed with the recent turnaround in interest rates. The briefing paper Interest rate turnaround. A turning point for development finance? describes the current trends, analyzes the implications for financing sustainable development in the Global South, and formulates policy recommendations on how countries in the Global South and their financing partners in the North can respond to the interest rate increases. Read more

Briefings, Corporate Influence, Economic justice, Equitable Global Governance & UN reform

Sustainable Development, Corporate Influence and Private Finance

By Antje Hipkins and Elena Marmo

Crucial to the achievement of the Sustainable Development Goals (SDGs) of the 2030 Agenda is SDG 17, “Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development”. Increasingly, discussions now take the form of multistakeholder partnerships and engagement with the business sector as a tool to mobilize finance for the SDGs or generate needed capacity – often to develop a pipeline of bankable projects. This partnership orientation has become a regular feature of the UN agenda, from the Economic and Social Council (ECOSOC) Operational Activities Segment in May 2022 to the High-Level Political Forum (HLPF) in July 2022. Read more

Articles, Economic justice

Building Back Better? Dubious Strategies to close the SDG Financing Gap

By Isadora Jahanfar Tholin
With less than eight years left to 2030, countries around the world are struggling to even come close to fulfilling the Sustainable Development Goals (SDGs) and a huge part of why has to do with financing. More specifically, USD 3.3-4.5 trillion per year is needed to close the so-called financing gap. There are several reasons why this massive gap exists. Read more

Briefings, Economic justice

LDCs and their “development”

By Barbara Adams and Julie Kim
One of the global processes falling prey to the Omicron variant of the Covid virus was the fifth UN Conference on the Least Developed countries, originally scheduled for the end of January in Doha, Qatar. It has been replaced with a meeting in New York on 17 March 2022 for the adoption of the Doha Programme of Action (DPoA); a full meeting will be held in March 2023, where governments will gather with stakeholders “to build new plans and partnerships for the delivery of the DPoA over the following decade”. The LDC conferences and programmes of action have a long history of marking the state of global solidarity with countries most in need of co-operation and of the underlying root-causes for global inequalities. Read more

Articles, Economic justice

Global Health & Private Sector Partnerships at the UN: The COVID-19 Private Sector Global Facility

By Elena Marmo
The COVID-19 crisis continues to have profound consequences across all sectors of society. Following the initial worldwide shutdown and resulting economic crisis, governments were forced to respond quickly to the virus, while also addressing the profound socioeconomic impacts—widespread job loss, inadequate social protection systems, and industries on the brink of collapse. Read more

Briefings, Corporate Influence, Economic justice, People-centered Multilateralism

Networked Multilateralism, Partnerships, and the Private Sector at the UNGA 76

By Elena Marmo

The UNGA began its 76th session in September 2021 with a series of High-level meetings—in both hybrid and in-person formats—under the theme of ‘Building Resilience through hope to recover from COVID-19, rebuild sustainably, respond to the needs of the planet, respect the rights of people, and revitalize the United Nations’.  As the UN Decade of Action progresses, efforts to secure human, economic, and environmental health are vital. During the UNGA High-level week and throughout the month Member States focused on the need to create a more inclusive future and stronger global cooperation. Read more

Articles, Economic justice

Feminists for a People’s Vaccine Campaign

The Feminists for a People’s Vaccine Campaign for equitable, accessible, and affordable COVID-19 vaccines, drugs, therapeutics, and equipment—Access to Medicines or A2M for short.
The FPV Campaign brings the unique perspective of feminists from the Global South and our partners and allies in the North to challenge the causes and consequences of extreme inequalities in access to medicines. Read more

Briefings, Economic justice

Heard during UN LDC5 preparations

By Alexa Sabatini
Ambassador Fatima highlights the drastic consequences the COVID-19 pandemic has wrought on LDC countries. Referring to the scheduled process of LDC “graduation” out of that category, managed by the UN Committee on Development Policy, she underlined the way in which the pandemic has upended progress since the last LDC conference. Read more

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