Eyes and ears
at the UN

Financing for Development

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, Equitable Global Governance & UN reform

UN General Assembly 2023: Shifting Dynamics of Global Governance

The Global Policy Watch Team
Many world leaders during the UN GA High-level General Debate referenced the sorry state of multilateralism and the various alignments and groupings, some to counter the lack of agency and redress power asymmetries across multiple policy streams. In conjunction with the historical responsibilities of developed countries for carbon emissions, many called for reparations for slavery and colonialism, highlighting the historical injustice that continues to disadvantage developing countries. Reform of the international financial architecture featured consistently on the agenda, as did a focus on demands for action on Loss and Damage at the upcoming COP 28 and the devastating debt distress, especially in small- and medium-sized countries. Read more

Briefings, People-centered Multilateralism

ECOSOC HLPF on Sustainable Development 2023: Perspectives, Priorities and Positions

The GPW Team in collaboration with students from Julien J. Studley Graduate Programs in International Affairs at The New School.
In 2023, the HLPF took place from 10 – 19 July, and the main SDGs subjected to in-depth review were SDG 6 on clean water and sanitation, SDG 7 on affordable and clean energy, SDG 9 on industry, innovation and infrastructure, SDG 11 on sustainable cities and communities and SDG 17 on partnerships for the Goals. Read more

Round Up

Round Up #3. CSO Participation at the UN: Perspectives on CSO Engagement in UN Processes

This GPW Round Up #3, CSO Participation at the UN: Perspectives on CSO Engagement in UN Processes, highlights some insights, analyses, commentary and advocacy regarding civil society organizations engaging in UN multilateral processses. From the Member States to the UN Secretary-General, CSOs are frequently exalted as an integral part of multilateral policy-making processes; yet, whether their calls and analyses are genuinely heeded is up for debate. Some Member States and CSOs have called for improvements in CSO participation, supported by recommendations from experts on reforms to CSO engagement. Read more

Briefings, Equitable Global Governance & UN reform

2022 UN General Assembly High-level Debate: perspectives from the Global South

The GPW Team
In September 2022, heads of state and government spoke at the UN Headquarters on the theme “A watershed moment: transformative solutions to interlocking challenges”. Secretary-General António Guterres’s message was clear: “Our world is in peril and paralyzed”. He launched the High-level General Debate bluntly: “Our world is in big trouble. Divides are growing deeper. Inequalities are growing wider. Challenges are spreading farther.” He urged, “We need action across the board.”
These concerns reverberated throughout the high-level session. This briefing contains a sampling from countries of the Global South. 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

Briefings, Equitable Global Governance & UN reform

Global South Voices at 2022 UN High-level Political Forum

By Antje Hipkins
At the first High-level Political Forum held in person since the onset of the COVID-19 pandemic in July 2022, 44 countries presented VNRs, including many Least Developed Countries (LDCs) and Small Island Developing States (SIDS). These countries focused on progress toward achieving the 2030 Agenda and the impact of COVID-19 on countries’ development plans, progress on gender equality, specific vulnerabilities in the face of multiple global crises, and the urgency of increasing climate resilience. Some emphasized the importance of a shift away from reliance on Gross National Income (GNI) as a key measure of development, as well as concern about the ability of LDCs to continue developing sustainably after graduating from the category. Read more

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