6 Amendments of Gay MITCHELL related to 2009/2150(INI)
Amendment 26 #
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 36 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that the IMF'’s membership has approved a USD 250 billion allocation of Special Drawing Rights (SDRs) and that only USD 18 billion of SDRs will go to developing countries; urges the Member States and the international community to explore the Soros proposal that the wealthy countries should allocate their SDRs to a fund for global public goods, such as the fight against climate change and against poverty;
Amendment 39 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Firmly believeConsiders that taxing the banking system to fund a deposit insurance or a resolution fund wouldmay not be a fair contribution from the financial sector to global social justice; calls instead for the possibilty of an international levy on financial transactions to make the overall tax system more equitable and to generate additional resources for financing development and global public goodsto be explored;
Amendment 43 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Notes with great concern that developing countries are expected to face a financial gap of between USD 350 billion and USD 635 billion in 2009 and that mounting fiscal distress in the most vulnerable countries is imperilling USD 11.6 billion of core spending in education, health, infrastructure and social protection; advocates therefore a three-year moratorium on debt repayments, including capital and interest, to enable developing countries to implement countercyclical fiscal policies to mitigate the severe effects of the crisis; proposes the establishment at international level of an independent and transparent body for debt arbitration;
Amendment 50 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Calls uponInvites the Member States, within the European Union Emission Trading System framework, to devote a fair share of the revenues generated from the auctioning of carbon emission allowances to support developing countries in coping with climate change, in accordance with Directive 2003/87/EC1; 1 Article 10 of Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community (OJ L 275, 25.10.2003, p. 32).Or. en
Amendment 63 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Reaffirms the fact that Economic Partnership Agreements (EPAs) should not only be regarded as an international trade instrument but also as a pro-development tool and urges the Commission to work towards a rapid conclusion of the negotiations, while taking into account the ways in which EPA provisions may impact on the ability of developing countries to cope with the crisis;