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Global Policy Forum
Monitoring Global Policymaking
Advocating for Human Rights, Sustainability and Economic & Social Justice


WHAT'S NEW

Cover_Reforms to the global financial architecture



REFORMS TO THE GLOBAL FINANCIAL ARCHITECTURE

Calls for reforms of the international financial architecture are becoming ever
louder. Governments, UN institutions, expert groups and civil society
organizations are criticizing the fact that the network of institutions and
rules that currently determine global monetary and financial policy and control
global financial flows are not up to the current crises. The international
financial architecture is “outdated, dysfunctional and unfair”, according to UN
Secretary-General António Guterres.

In view of these challenges, the UN Member States made the reform of the
international financial [...]

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Cover_UN treaty 9th session 2023



REPORT ON THE NINTH SESSION OF THE OPEN-ENDED INTERGOVERNMENTAL WORKING GROUP ON
A LEGALLY BINDING INSTRUMENT ON TRANSNATIONAL CORPORATIONS AND OTHER BUSINESS
ENTERPRISES WITH RESPECT TO HUMAN RIGHTS (“TREATY”)

From October 23 to 27, 2023, 76 states met at the United Nations (UN) Human
Rights Council to negotiate an international human rights treaty to regulate
companies and their value chains (also known as the “UN Treaty”). Since the UN
Human Rights Council adopted Resolution 26/9 in 2014 and mandated an
intergovernmental working group to draft such legally binding instrument, it has
met nine times. After a slow start, the process has emerged surprisingly
stronger from the ninth round of negotiations.

read more
Cover_innovative_climate_financing_instruments



INNOVATIVE CLIMATE FINANCING INSTRUMENTS

The adequate mobilization of climate finance remains one of the greatest
challenges of our time. Under the United Nations (UN) climate agreements, rich
countries have pledged to support the global South in the fight against climate
change and the associated human rights violations through financial transfers.
However, the repeated failure to meet the corresponding target of providing US$
100 billion per year has led to diplomatic tensions and is one of the main
reasons for the lack of success in the fight against climate change.

The debate on how additional funds can be mobilized – including [...]

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Cover_Private Foundations



PRIVATE FOUNDATIONS AND THEIR GLOBAL HEALTH GRANT-MAKING PATTERNS

Private foundations play an increasingly important and influential role in
global health; however, this role has been poorly monitored and largely
unevaluated, prompting calls for greater accountability. At a minimum level,
clear information should be provided about their grant-making activities. We
describe the global health granting patterns of three private foundations: the
Rockefeller Foundation (RF), the Wellcome Trust (WT), and the Bill and Melinda
Gates Foundation (BMGF), using data publicly available on their websites, for
the years 2018 – 2020.

The BMGF is the largest private funder [...]

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OUR ISSUE AREAS

SUSTAINABLE DEVELOPMENT &
HUMAN RIGHTS
DEVELOPMENT FINANCE &
TAX JUSTICE
UNITED NATIONS &
MULTILATERALISM
CORPORATE INFLUENCE
& ACCOUNTABILITY


PUBLICATIONS

Cover_Pandemic Voluntarism_2023



A PANDEMIC OF VOLUNTARISM

National and regional go-it-alone efforts characterized government action
against the COVID-19 pandemic. The guidance of the World Health Organization
(WHO), as the overarching and coordinating health body, to ensure equitable and
efficient distribution of vaccines and other necessary medical products to
contain the pandemic was not heeded. Several governments, philanthropic
foundations, and the WHO launched the global multi-stakeholder initiative (MSI)
Access to COVID-19 Tools Accelerator (ACT-A) at short notice, with participation
of pharmaceutical industry and other MSIs, as a key global [...]

read more
World Bank Reform



WORLD BANK REFORM. FOR WHOSE BENEFIT?

The World Bank is considered to be the most important multilateral development
bank (MDB). Since it was founded in 1944 at the United Nations Monetary and
Financial Conference to finance the reconstruction of war-torn Europe, it has
reinvented itself several times. The most significant change was the
transformation from a reconstruction bank to a development bank. Today, the
World Bank finances exclusively in countries of the global South, while
continuing to be controlled by the economic powers of the global North.

A new process for World Bank reform has been underway since 2021. This began
[...]

read more
Spotlight 2023 Cover



SPOTLIGHT ON GLOBAL MULTILATERALISM

This new report Spotlight on Global Multilateralism offers critical analyses and
presents recommendations for strengthening democratic multilateral structures
and policies. Its contributors cover key areas such as peace and common
security, reforms of the global financial architecture, calls for a New Social
Contract, an inclusive digital future, the rights of future generations and the
transformation of education systems. The report also identifies built-in
deficiencies and weaknesses of current multilateral structures and approaches.
This applies, inter alia, to concepts of corporate [...]

read more

 

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Reviewing the HLPF’s “format and organizational aspects” – what’s being
discussed?


Dr. Marianne Beisheim

This working paper by the German Institute for International and Security
Affairs identifies and discusses proposals currently under debate for reviewing
the “format and organizational aspects” of the UN High-Level Political Forum on
Sustainable Development (HLPF).

 

 * Read more about Reviewing the HLPF's "format and organizational aspects" -
   what's being discussed?

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