Civil Society dialogues on sustainable finance Europe ? Republic of ...

The Korean CSO People?s Solidarity for Participatory Democracy (PSPD) and Eurodad are opening an important and novel way of knowledge, intelligence and experience exchange and joint advocacy towards Korean and EU targets with the aim of making global finance sustainable. ?

Global power balances are changing. Emerging economies are gaining more and more economic and political importance while traditional power centres are declining. The world is facing more and more global challenges that need a global answer. There fore a global civil society is need in order to address global policy. However, CSOs have been behind on working together, while our governments do.

While both European and Korean civil society organisations have solid expertise and long-standing track record in policy and advocacy on responsible and sustainable finance for development so far there have been very few interaction. PSPD and Eurodad want to challenge our decision makers together ?nationally, regionally and globally.

In Korea: PSPD works on institutionalization of civil participation in democracy, state power and socio-economic reform. Especially, The People?s Economic Committee at PSPD suggests alternatives for sound market order and monitors unfair trading activities.CSOs in the ROK have proliferated since the beginning of the democratisation process in the 1980s and have been an important factor in deepening the democratisation process. The PSPD has also developed in-depth analysis and expertise on the issues of financial institutions and sustainable development.

?In Europe: Eurodad is a CSO network conducting research and advocacy on development finance. Together with its members (link) Eurodad pushes for finance to be conducive to development. Responsible finance standards is at core of everything we do. Therefore, in 2011, Eurodad published a responsible finance charter (link) which sets out standards that would make loans and investments fit for development.

?? Strengthen networking among ROK CSOs and between them and EU CSOs by improving their exchanges and communications, their capacity to reach out to NGOs working on climate finance and human rights, and by deepening their relations with research institutions;

?Improve knowledge of EU and ROK CSOs on responsible lending and sustainable finance by sharing information and analysis on relevant national and international policy processes, and conducting joint seminars and researches;

? Enhance the capacities of ROK CSOs to advocate national decision-makers and engage in global advocacy within policy processes addressing the issues of responsible finance for sustainable development. This will be done by sharing effective advocacy strategies tested by European NGOs and by supporting access of ROK in EU and global CSO advocacy efforts. ?Among our targets are the G20, International Financial Institutions, EU institutions, the government of the Republic of Korea and decision makers in other newly industrialized countries and emerging economies.

PSPD and Eurodad alliance is consolidated on this website that allows us to disseminate and communicate our goals globally in order to find organizations and individuals interested on enriching even more our dialogue, intelligence exchange and common knowledge development.

In addition, a list-serve to facilitate information exchange and communications between Eurodad members and other European CSO allies and PSPD and other relevant CSOs in the ROK. The list-serve will aim at reaching out the broadest possible CSO audience and registration will be easily accessible from the project?s webpage. An online discussion to debate findings will be set up.?

Furthermore, an ?online repository ?and Resource Bank with key resources on effective advocacy and awareness-raising on responsible and sustainable finance will also allow increasing our sharing.

Sign up to the listserv Sustainable Finance where you will receive informal updates, you can make new contacts and post questions.?

Contact us on

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In Seoul: ?PSPD postal addresses

In Brussels:
Eurodad
Rue d?Edimbourg, 18 ? 26
1050 Ixelles, Brussels
Belgium

Source: http://eurodad.org/?p=989446

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