Awaiting committee decision
2014/2205(INI) Private sector and development
Next event: Indicative plenary sitting date, 1st reading/single reading 2015/10/05
Lead committee dossier: DEVE/8/01922
Legal Basis RoP 052
Next event: Indicative plenary sitting date, 1st reading/single reading 2015/10/05
| Role | Committee | Rapporteur | Shadows |
|---|---|---|---|
| Opinion | AFET | LÖSING Sabine (GUE/NGL) | |
| Lead | DEVE | DEVA Nirj (ECR) | JIMÉNEZ-BECERRIL BARRIO Teresa (EPP), LIETZ Arne (S&D), BECERRA BASTERRECHEA Beatriz (ALDE), SÁNCHEZ CALDENTEY Lola (GUE/NGL), HAUTALA Heidi (Verts/ALE), CORRAO Ignazio (EFD) |
| Opinion | INTA | SÁNCHEZ CALDENTEY Lola (GUE/NGL) |
Legal Basis RoP 052
Activites
-
2015/10/05
Indicative plenary sitting date, 1st reading/single reading
-
2014/12/17
Committee referral announced in Parliament, 1st reading/single reading
-
2014/12/12
Resolution/conclusions adopted by Council
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2014/05/13
Non-legislative basic document published
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COM(2014)0263
summary
PURPOSE: to propose a framework for action to give a stronger role to the private sector in developing countries. BACKGROUND: the private sector provides some 90% of jobs in developing countries. It is thus an essential partner in the fight against poverty. It is also needed as an investor in sustainable agricultural production if the world is to meet the challenge of feeding 9 billion people by 2050. Given the private sector’s potential for generating inclusive and sustainable growth in developing countries, private stakeholders including businesses, financial intermediaries, associations and workers and employers organisations are emerging as ever more active in the development field, both as a source of finance and as partners for governments, non-governmental organisations (NGOs) and donors. A recent evaluation of EU support for private sector development between 2004 and 2010 confirmed the important contribution made by the Commission to private sector development in partner countries, and identified ways of improving future programmes and strategies, which include putting more emphasis on decent job creation, mainstreaming private sector engagement across the EU’s support portfolio. Building on these results, this Communication proposes a strategic framework for strengthening the role of the private sector in achieving inclusive and sustainable growth. CONTENT: the Communication offers a general framework linking actions by its Member States, development financing institutions and other development partners. It provides principles, priorities and action targets as well as an intervention framework for modalities of finance and dialogue. Principles: EU support to the development of the private sector and its engagement in relation to the local and international private sector will be guided by the following principles: putting more emphasis on decent job creation, inclusiveness and poverty reduction; taking into account the diversity of the private sector in developing countries (individual entrepreneurs, large enterprises, multinational financial institutions, cooperatives, etc); market-based solutionsmaking the most of the potential of local enterprises; the adoption of clear criteria to give direct support to private sector actors, while avoiding market distortions; taking into account different local contexts and fragile situations in order to ensure the greatest impact and best value for money of EU support; putting strong emphasis on results; observing policy coherence in areas affecting the private sector in partner countries in close coordination between relevant Commission services and Member States; at all levels of intervention and investment, the promotion of Corporate Social Responsibility (CSR) criteria in developing countries. Priorities for action and action targets: the Communication proposes a series of key actions through which the private sector in developing countries could be strengthened: · creating a business environment conducive to private sector initiativeby providing support for improving the business and investment climate, especially for micro, small and medium-sized enterprises (SME); · supporting micro, small and medium-sized enterprises in job creation and raising working conditions in the informal economy; · empowering women as entrepreneurs; · increasing access to finance both for households and micro, small and medium-sized enterprises, to promote inclusive credit, savings, insurance and inclusive payment services, and microfinance; · for all of the actions taken, facilitating public-private partnerships (PPPs) and multi-stakeholder alliances (such as Non-Governmental Organisations (NGOs). As regards the action targets, the Commission envisages the following main areas: agriculture and agri-food, sustainable energy, infrastructures and the social sector, environment and climate change, migration and risk management, raw materials and natural resources, health care and pharmaceutical products, sustainable tourism, food. The Commission will, in line with partner governments’ policies, develop ways to better integrate private sector development objectives in support strategies, and will identify modalities for using the private sector as an implementing and financing partner in these areas. Funding and financial resources: the Commission will use a combination of interventions under its national, regional and thematic programmes to implement and mainstream its approach to private sector development in its cooperation and development objectives. Implementing the approach and priorities outlined above will mean adapting existing approaches and tools, and adding new ones to the portfolio of instruments of EU development cooperation. In its Communication, the Commission recognises blending, which combines EU grants with loans or equity from other public and private financiers, as an important vehicle for leveraging additional resources for development and increasing the impact of EU aid. It is working together with finance institutions on increasing the catalytic effect of blending in crowding in more private financing through greater use of financial instruments (principally, guarantees, equity and other risk-sharing instruments for infrastructure investments). In this context, the Commission is also exploring options to expand the scope of blending in new areas such as sustainable agriculture and social sectors. Lastly, the Commission will continue to seek synergies between budget support and direct interventions for achieving private sector development objectives. Budget support, and the associated policy dialogue, can usefully underpin business environment reforms in partner countries by promoting the stability of macroeconomic frameworks, sound public financial management, transparency and oversight of the budget.
- DG {'url': 'http://ec.europa.eu/europeaid/', 'title': 'International Cooperation and Development'}, MIMICA Neven
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COM(2014)0263
summary
Documents
- Non-legislative basic document published: COM(2014)0263
| Amendments | Dossier |
| 436 |
2014/2205(INI)
2015/05/07
AFET
80 amendments...
Amendment 1 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU,
Amendment 10 #
Draft opinion Paragraph 1 a (new) 1 a. Welcomes the Council conclusions of 12 December 2014 on a stronger role of the private sector in development cooperation; Concurs with the conclusions that "the private sector is emerging as an increasingly active player in the development field" and on "the need to strengthen the role of the private sector in implementing the future Sustainable Development Goals" based on aid effectiveness principles;
Amendment 11 #
Draft opinion Paragraph 1 a (new) 1 a. Stress the potential of the private sector's contribution to long term sustainable development and underlines possible EU added value in partnering with private sector in achieving development goals;
Amendment 12 #
Draft opinion Paragraph 1 a (new) 1 a. Notes that direct jobs in Multi- National Companies (MNC) accounts for only 3.4 percent of global employment in year 2000 and their role for job creation is often overstated; notes that domestic micro and small enterprises accounts for the bulk of employment in developing countries; deplores that export subsidies for agricultural products and free trade agreements like EPAs seriously harm the development of the domestic private sector; demands to allow developing countries to protect their domestic markets and for the abolishment of export subsidies in EU regulations;
Amendment 13 #
Draft opinion Paragraph 1 a (new) 1 a. Supports the work of the Association of European Development Finance Institutions (EDFI); as they provide capital to enterprises in developing countries through direct investments in companies as well as indirectly by committing capital to local commercial banks and emerging market private equity. They focus on Micro, Small and Medium Sized Enterprises (MSMEs); we urge the European Commission to favour this kind of programmes in her financing and cooperation as the private sector in the developing countries is of utmost importance;
Amendment 14 #
Draft opinion Paragraph 1 a (new) 1 a. Requests all EU enterprises to fulfil their corporate social responsibility to respect human rights in line with the UN Guiding Principles; Urges the European Union to look for ways to strengthen Corporate Social Responsibility, for example by improving visibility of CSR and enhancing market reward for companies adhering to CSR guidelines;
Amendment 15 #
Draft opinion Paragraph 1 a (new) 1 a. Calls for the development of more effective transparency and accountability standards for EU technology companies in connection with the export of technologies that can be used to violate human rights, to aid corruption or to act against the EU's security interests;
Amendment 16 #
Draft opinion Paragraph 1 b (new) 1 b. Notes that the framework for development assistance must be set by governments and that there is a primary task for the public sector; acknowledges however, that the private sector also plays an important role in strengthening the economies of third countries and improving access to capital;
Amendment 17 #
Draft opinion Paragraph 1 b (new) 1 b. Stresses that development policy cannot achieve these objectives as a stand-alone policy, but must be integrated in a broader approach, which combines foreign and security policy, trade policy and any other external action policy instruments; Notes that coherence between these different branches of EU external action is crucial;
Amendment 18 #
Draft opinion Paragraph 1 c (new) 1 c. Stresses the need to look at how the private sector can be further engaged in the framework of the European Neighbourhood Policy, to help create economic growth and jobs in Europe's neighbourhood, for example through sharing expertise of providing access to capital;
Amendment 19 #
Draft opinion Paragraph 2 Amendment 2 #
Draft opinion Paragraph 1 1. Stresses that
Amendment 20 #
Draft opinion Paragraph 2 Amendment 21 #
Draft opinion Paragraph 2 Amendment 22 #
Draft opinion Paragraph 2 Amendment 23 #
Draft opinion Paragraph 2 2.
Amendment 24 #
Draft opinion Paragraph 2 2.
Amendment 25 #
Draft opinion Paragraph 2 2. Notes that development is the primary responsibility of the State; notes that reducing poverty or inequality is not the primary objective of the private sector
Amendment 26 #
Draft opinion Paragraph 2 2. Notes that
Amendment 27 #
Draft opinion Paragraph 2 2. Notes that reducing poverty is not the primary objective of the private sector, by its very nature, and that that is therefore a task for the public sector; rejects public- private partnerships
Amendment 28 #
Draft opinion Paragraph 2 2. Notes that reducing poverty is not the primary objective of the private sector, by its very nature, and that that is therefore a task for the public sector; rejects public- private partnerships, blending and the focus on microcredit, since they finance corporate profits, above all, and do not reduce poverty; welcomes the Council recommendation to place an increased focus on supporting micro, small and medium-sized enterprises;
Amendment 29 #
Draft opinion Paragraph 2 a (new) 2 a. Underlines that the private sector should be involved in EU development policy and projects as long as the different role between private sector and public sector actors are fully understood and recognised by all parties involved; stresses that public-private partnerships within the post-2015 development agenda must have a strong focus on poverty reduction; underlines that a fully functioning market economy, based on the rule of law, remains the best engine for economic and social development and that the EU's development policy should reflect that fact;
Amendment 3 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty;
Amendment 30 #
Draft opinion Paragraph 2 a (new) 2 a. Welcomes the "Framework for Business Engagement with the United Nations" which underlines that a robust private sector delivering economic growth is essential for the achievement of the Millennium Development Goals and that the private sector "is making important contributions toward shared economic, social and environmental progress";
Amendment 31 #
Draft opinion Paragraph 2 a (new) 2 a. Believes the private and public sectors are most effective when they work together in order to create a healthy environment for investment, business activity and the foundations for economic growth;
Amendment 32 #
Draft opinion Paragraph 2 b (new) 2 b. Notes that no country has been able to eradicate poverty without economic growth, and no country will graduate from aid without it; Further believes that the private sector is a critical driver of economic growth and can make a significant contribution to poverty reduction and higher living standards through the provision of more and better jobs, higher wages, and improved and affordable goods and services;
Amendment 33 #
Draft opinion Paragraph 2 b (new) 2 b. Welcomes the involvement of the private sector in the OECD High Level Forum on aid effectiveness; Welcomes notably initiatives in that context taken on innovative ways of leveraging private sector development funding and the Joint Busan Statement in 2011 on "Expanding and enhancing public and private cooperation for broad-based, inclusive and sustainable growth";
Amendment 34 #
Draft opinion Paragraph 2 c (new) 2 c. Stresses that structural and institutional reforms, backed by sound policy implementation and fair laws, rights and regulations, can act as a catalyst to private sector investment and export growth which will, in turn, contribute to the development goals and the alleviation of poverty;
Amendment 35 #
Draft opinion Paragraph 2 d (new) 2 d. Welcomes the role played by foreign private sector investment in developing countries in accelerating domestic development; further stresses the importance of encouraging responsible investment which supports local markets and helps alleviate poverty;
Amendment 36 #
Draft opinion Paragraph 3 Amendment 37 #
Draft opinion Paragraph 3 Amendment 38 #
Draft opinion Paragraph 3 Amendment 39 #
Draft opinion Paragraph 3 3.
Amendment 4 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty; highlights
Amendment 40 #
Draft opinion Paragraph 3 3.
Amendment 41 #
Draft opinion Paragraph 3 3. Is dismayed that because of public procurement contract awards and debt servicing, inter alia, 61 % of official development assistance goes back to donor countries1 ; calls for
Amendment 42 #
Draft opinion Paragraph 3 3.
Amendment 43 #
Draft opinion Paragraph 3 3. Is dismayed that because of public procurement contract awards and debt servicing, inter alia, 61 % of official development assistance goes back to donor countries1 ; calls for an increase in real aid and for sustainable building of regional/local value chains; __________________ 1 ActionAid (2005): Real Aid An Agenda for Making Aid Work, p. 4.
Amendment 44 #
Draft opinion Paragraph 3 a (new) 3a. Calls on the EU, with the aim of developing an efficient, transparent and tangible spending policy, to make the best use of available funds by coordinating measures;
Amendment 45 #
Draft opinion Paragraph 3 a (new) 3 a. Stresses the importance of local and regional ownership, partner countries' own national strategies and reform agendas; and involvement of development projects and the added value provided by securing local supply chains; believes that development policy has an important role to play in addressing the challenges posted by current migration flows towards the European Union;
Amendment 46 #
Draft opinion Paragraph 4 Amendment 47 #
Draft opinion Paragraph 4 4.
Amendment 48 #
Draft opinion Paragraph 4 4.
Amendment 49 #
Draft opinion Paragraph 4 4. Is concerned at the devastating consequences of land grabbing, inter alia, for human rights, the economy and the environment;
Amendment 5 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty; highlights the fact that EU development cooperation
Amendment 50 #
Draft opinion Paragraph 4 4.
Amendment 51 #
Draft opinion Paragraph 4 4. Is concerned at the devastating consequences of land grabbing, inter alia, for human rights, the economy and the environment; calls as a matter of urgency for binding international rules for firms on compliance with human rights, labour law, workplace health and safety law and environmental standards;
Amendment 52 #
Draft opinion Paragraph 4 4. Is concerned at the devastating consequences of land grabbing, inter alia, for human rights, the economy and the environment; calls for
Amendment 53 #
Draft opinion Paragraph 4 4. Is concerned at the devastating consequences of land grabbing, inter alia, for human rights, the economy and the environment; calls for
Amendment 54 #
Draft opinion Paragraph 4 a (new) 4 a. Supports the G8 commitments on tax, transparency and trade which underpin economic development, including the implementation of internationally agreed guidelines to promote good business practice and protect land tenure and property rights;
Amendment 55 #
Draft opinion Paragraph 4 a (new) 4 a. Calls for European development efforts to play a significant role in implementation of the UN Guiding Principles on Business and Human Rights, including working with European enterprises and investors to ensure full compliance with the guiding principles and the OECD Guidelines on Multinational Enterprise in their business activities and in their supply chains in developing countries;
Amendment 56 #
Draft opinion Paragraph 4 a (new) 4a. Urges the EU to focus its activities, and thus its financial instruments, on strategic sectors for the development of the country in question, such as agriculture, education, health and development for private investment;
Amendment 57 #
Draft opinion Paragraph 4 b (new) 4b. Emphasises the importance of providing and ensuring favourable conditions for private European companies in developing countries and of stimulating investment, thus contributing to the development of the private sectors in those countries;
Amendment 58 #
Draft opinion Paragraph 4 b (new) 4 b. Calls on the European Commission to champion the proposal from investors and other stakeholders to support binding rules on social, environmental and human rights reporting by business, consistent with the EU directive on non- financial reporting, which are encompassed as one of the new proposed UN Sustainable Development Goals;
Amendment 59 #
Draft opinion Paragraph 4 c (new) 4c. Calls on the Commission to assist and support European micro, small and medium-sized enterprises in the various developing countries;
Amendment 6 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty; highlights the fact that development cooperation must be guided by that objective
Amendment 60 #
Draft opinion Paragraph 5 5.
Amendment 61 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States to support developing countries in garnering their resources, e.g. through national tax systems, and in combating illicit financial flows and corruption, as a result of which developing countries lose
Amendment 62 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States to support developing countries in
Amendment 63 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States
Amendment 64 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States to support developing countries in
Amendment 65 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States to support developing countries in garnering their resources, e.g. through national tax systems, and in combating illicit financial flows and corruption, as a result of which developing countries lose at least € 660-870 billion a year2; calls for the ownership principle to be resolutely acted on; calls for effective international rules against tax avoidance and evasion; calls on the Commission, as part of that strategy, to take a consistent approach that is integrated with the main existing rules on transparency, combating tax avoidance and evasion, accounting and monitoring of the major extractive industries; __________________ 2 Eurodad. Eurodad.
Amendment 66 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States to support developing countries in garnering their resources, e.g. through national tax systems, and in combating illicit financial flows and corruption, as a result of which developing countries lose at least € 660-870 billion a year2 ; calls for the ownership principle to be resolutely acted on; calls for effective international rules against tax avoidance and evasion;
Amendment 67 #
Draft opinion Paragraph 5 5. Calls on the EU and its Member States to support developing countries in garnering their resources, e.g. through national tax systems, and in combating illicit financial flows and corruption, as a result of which developing countries lose at least € 660-870 billion a year2 ; calls for the ownership principle to be resolutely acted on; calls for further measures to ensure corporations are accountable to countries they operate in; calls for effective international rules against tax avoidance and evasion; __________________ 2 Eurodad.
Amendment 68 #
Draft opinion Paragraph 5 a (new) 5a. Calls on the EIB, the International Monetary Fund and the World Bank to review their programmes and financial instruments concerning developing countries and to make it easier for the latter to gain access to them;
Amendment 69 #
Draft opinion Paragraph 5 a (new) 5 a. Calls for greater transparency in finance to help combat corruption and illicit financial flows, including through the development of fair and effective tax systems;
Amendment 7 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty; highlights the fact that development cooperation must be guided by that objective and
Amendment 70 #
Draft opinion Paragraph 5 b (new) 5b. Calls on the Commission, in addition, to provide a detailed estimate of individual items of expenditure, with a view to ensuring that the financial instruments used are as effective and transparent as possible, and subsequently to present a detailed report to Parliament, as the budgetary authority;
Amendment 71 #
Draft opinion Paragraph 5 b (new) 5 b. Stresses that financing for development must strengthen the resources available to promote equality between women and men, women's rights and women's empowerment, as well as to eliminate child labour; points out that the private sector can play a major role in this respect;
Amendment 72 #
Draft opinion Paragraph 5 c (new) 5c. Calls, likewise, for tangible measures to be taken regarding the large and growing financial flows determined by remittances, in relation to which a reduction in transfer costs is requested, given that remittances, if well managed, can be a source of funding for local development;
Amendment 73 #
Draft opinion Paragraph 5 d (new) 5d. Emphasises the potential to create business opportunities for local entrepreneurs through support programmes that take market-based approaches, for instance by working with local enterprises as implementing partners or suppliers of works and services, or in social programmes by opting for cash transfers rather than support in kind, as the former have the additional benefit of stimulating purchasing power and hence demand among low-income populations;
Amendment 74 #
Draft opinion Paragraph 6 Amendment 75 #
Draft opinion Paragraph 6 6.
Amendment 76 #
Draft opinion Paragraph 6 6. Calls on the Member States to honour the commitment to give over 0.7% of their GDP to development assistance; stresses th
Amendment 77 #
Draft opinion Paragraph 6 6.
Amendment 78 #
Draft opinion Paragraph 6 6. Calls on the Member States to honour the commitment to give
Amendment 79 #
Draft opinion Paragraph 6 a (new) 6 a. Welcomes the Commissions differentiated approach to the highly diverse private sector from microbusinesses to large corporations; calls for a differentiated approach with regards to least developed and fragile states;
Amendment 8 #
Draft opinion Paragraph 1 1. Stresses that, under Article 208 TFEU, the primary objective of EU development cooperation is to reduce and eradicate poverty; highlights the fact that development cooperation must be guided by that objective and not by geostrategic or economic interests; refuses to accept that development cooperation should be subordinate to external and security policy; opposes the use of EU instruments to pressure partner governments and local authorities to take measures in favour of multinational and EU-companies which are not in the interest of the sustainable development of the partner countries;
Amendment 80 #
Draft opinion Paragraph 6 b (new) 6 b. Calls on the EU to continue to actively engage in the discussions on the post-2015 agenda, considering also the opportunities and challenges that arise from a closer partnership with private sector actors.
Amendment 9 #
Draft opinion Paragraph 1 a (new) 1 a. Believes that economic development is key to eradicating poverty and that progress in this area is essential if the goal of ending extreme poverty by 2030 is to be achieved; further supports the objectives of the Millennium Development Goals as the framework for alleviating poverty and other aspirations, including improvements to health and education;
source: 557.156
2015/05/08
INTA
77 amendments...
Amendment 1 #
Draft opinion Paragraph -1 (new) -1. Stresses that massive investments are required in developing countries in terms of infrastructure, water supply and energy - estimates of the incremental spending needed in developing countries is $ 1 trillion/year more than what is currently spent, with the majority of this funding needing to come from the private sector;
Amendment 10 #
Draft opinion Paragraph 1 a (new) 1a. Notes that SMEs in developing countries often face much heavier regulatory burdens than within the EU and often operate in the informal economy and lack legal protection and access to credit; points out that creating a business friendly environment for private initiatives and encouraging the development of banks and other credit institutions with the resources to lend and correctly evaluate credit risk in the SME sector are key conditions for promoting sustainable development;
Amendment 11 #
Draft opinion Paragraph 1 b (new) 1b. Recalls that development is far more than economic growth and that activities of the private sector have to be carefully framed in a set of conditions, after consultation and in accordance with the targeted communities;
Amendment 12 #
Draft opinion Paragraph 2 2. Recalls that, under Article 208 of the Treaty on the Functioning of the European Union, the EU’s common commercial policy must take account of the principle of policy coherence for development, and considers that this principle must be referred to explicitly in all EU trade and investment agreements as well as informing key domestic provisions concerning industry, the environment, and the internal market;
Amendment 13 #
Draft opinion Paragraph 2 2. Recalls that, under Article 208 of the Treaty on the Functioning of the European Union, the EU’s common commercial policy must take account of the principle of policy coherence for development, and considers that this principle must be referred to explicitly in all EU trade and investment agreements, while at the same time the Commission enhances the mechanisms necessary for coordination of all the EUʼs policies, both internal and external;
Amendment 14 #
Draft opinion Paragraph 2 2.
Amendment 15 #
Draft opinion Paragraph 2 2. Recalls that, under Article 208 of the Treaty on the Functioning of the European Union, the EU's common commercial
Amendment 16 #
Draft opinion Paragraph 2 a (new) 2a. Stresses the need to look at how the private sector can be further engaged in the framework of the European Neighbourhood Policy, to help create economic growth and jobs in Europe's neighbourhood, for example through sharing expertise of providing access to capital;
Amendment 17 #
Draft opinion Paragraph 2 a (new) 2a. Reminds that private finance cannot be seen as a substitute of public finance7 and the private sector cannot, and should not, substitute the role of governments in their obligation to safeguard human rights and in investing in the provision of basic services like health and education;
Amendment 18 #
Draft opinion Paragraph 2 a (new) 2a. Believes that treaties protecting and attracting international private investments are fundamental for the economic development of many emerging nations. Notes that protection of the domestic rule of law is of the utmost importance for growth.
Amendment 19 #
Draft opinion Paragraph 2 a (new) 2a. Recalls likewise the EUʼs commitment to mainstream gender in all its policies and the importance of guaranteeing that men and women benefit equally from social changes, economic growth and the creation of decent jobs, doing away with discrimination and promoting respect for womenʼs rights in the world;
Amendment 2 #
Draft opinion Paragraph -1 (new) -1. Stresses that the primary objectives of EU development cooperation are to reduce and eradicate poverty, to promote human rights, to spread and to strengthen democracy, good governance and the rule of law; highlights the fact that development cooperation must be guided by these objectives;
Amendment 20 #
Draft opinion Paragraph 3 3. Points out that current EU practices to leverage private finance with official development assistance (ODA) have proved ineffective owing to a lack of clarity as regards additionality, transparency, accountability, ownership, alignment with country priorities, debt sustainability and, consequently, development impact; points to the effectiveness of microcredit and other solidarity and sustainability tools, which the EU should encourage and promote as examples of best practice;
Amendment 21 #
Draft opinion Paragraph 3 3. Points out that current EU practices to leverage private finance with official development assistance (ODA) have not proved
Amendment 22 #
Draft opinion Paragraph 3 3. Points out that current EU practices to leverage private finance with official development assistance (ODA)
Amendment 23 #
Draft opinion Paragraph 3 3. Points out that current EU practices to leverage private finance with official development assistance (ODA) have proved ineffective owing to a lack of clarity as regards additionality, transparency, accountability, ownership, alignment with country priorities, debt sustainability and, consequently, development impact due to the lack of a clearly defined national legislative framework in a number of countries, particularly in cases of public-private partnership (PPP) projects, but also because many services in Member States are not sufficiently aligned with EU practices;
Amendment 24 #
Draft opinion Paragraph 3 3. Highlight that although further finance is needed to face sustainable development challenges, the private sector potentialities for helping the achievement of sustainable development goals are limited; Points out that current EU practices to leverage private finance with official development assistance (ODA) have proved ineffective owing to a lack of clarity as regards additionality, transparency, accountability, ownership, alignment with country priorities, debt sustainability and, consequently, development impact;
Amendment 25 #
Draft opinion Paragraph 3 3. Points out that current EU practices to leverage private finance with official development assistance (ODA)
Amendment 26 #
Draft opinion Paragraph 3 a (new) 3 a. Takes the view that the partnership between the EU and developing countries must be based on co-production if it is to produce a ‘win-win’ situation;
Amendment 27 #
Draft opinion Paragraph 3 b (new) 3 b. Believes that development policies must provide concrete answers in terms of infrastructure, investment, financing and sustainable natural resource management;
Amendment 28 #
Draft opinion Paragraph 3 c (new) Amendment 29 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the political and economic
Amendment 3 #
Draft opinion Paragraph -1 a (new) -1a. Stresses that development policy cannot achieve these objectives as a stand-alone policy, but must be integrated in a broader approach, which combines foreign and security policy, trade policy and any other external action policy instruments; Notes that coherence between these different branches of EU external action is crucial;
Amendment 30 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the policy space of developing countries so as to maintain robust import tariffs that facilitate the creation of skilled and decent jobs within local manufacturing and agro-processing industries as possible enablers of higher domestic value-added, industrial growth and diversification, which are a key component in inclusive economic and social upgrading;
Amendment 31 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the policy space of developing countries - in particular least developed countries - so as to maintain robust import tariffs that facilitate the creation of skilled and decent jobs within local manufacturing and agro-processing industries as possible enablers of higher domestic value-added, industrial growth and diversification, which are a key component in economic and social upgrading;
Amendment 32 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the policy space of developing countries so as to
Amendment 33 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the policy space of developing countries so as to maintain robust import tariffs that facilitate the creation of skilled and decent jobs within local manufacturing and agro-processing industries as possible enablers of higher domestic value-added, competitiveness, industrial growth and diversification, which are a key component in economic and social upgrading;
Amendment 34 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the policy space of developing countries so as to maintain robust import tariffs that facilitate the creation of skilled and decent jobs within local manufacturing and agro-processing industries as possible enablers of higher domestic value-added, industrial growth and diversification, which are a key component in economic and social upgrading
Amendment 35 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade policy to respect the policy space of developing countries so as to maintain robust import tariffs that facilitate the creation of skilled and decent jobs within local manufacturing and agro-processing industries as possible enablers of higher domestic value-added, industrial growth and diversification, which are a key component in economic and social upgrading; Calls on the European Union and its Member States to promote concrete measure so transnationals are taxed by the jurisdiction of the country in whey they source or produce the income;
Amendment 36 #
Draft opinion Paragraph 4 4. Stresses the need for EU trade
Amendment 37 #
Draft opinion Paragraph 4 a (new) 4a. Encourages the EU to make full use of Aid for Trade and other development instruments in order to promote technical assistance for trade, capacity-building and business support services.
Amendment 38 #
Draft opinion Paragraph 4 a (new) 4 a. The Union may contribute to the development policy of developing countries by targeted economic and commercial actions, by technical and financial cooperation and by multi- annual cooperation programmes or programmes with a thematic approach;
Amendment 39 #
Draft opinion Paragraph 4 b (new) 4 b. Within the framework of cooperation between the EU and developing countries, international organisations may become involved, providing they duly respect Community law and the principles and objectives underpinning the Union's external action;
Amendment 4 #
Draft opinion Paragraph -1 b (new) -1b. Notes that the framework for development assistance must be set by governments and that there is a primary task for the public sector; acknowledges however, that the private sector also plays an important role in strengthening the economies of third countries and improving access to capital;
Amendment 40 #
Draft opinion Paragraph 5 Amendment 41 #
Draft opinion Paragraph 5 5. Calls for measures to promote
Amendment 42 #
Draft opinion Paragraph 5 5. Calls for measures to promote nationally owned development strategies that shape private-sector contribution to development by
Amendment 43 #
Draft opinion Paragraph 5 5. Calls for measures to promote nationally owned development strategies that shape private-sector contribution to development by enhancing local micro, small and medium-sized enterprises and local procurement, strengthening university and private institutions engaged in research and development and involving, at technical and IT level, craft, industry and business associations, which are essential for endogenous development and can strengthen the capacity of developing countries for mobilising domestic revenue, fighting tax fraud and tax evasion, and mitigating currency and commodity price volatility, which endanger access to value chains;
Amendment 44 #
Draft opinion Paragraph 5 5. Calls for measures to promote nationally owned development strategies that shape private-sector contribution to development by enhancing local micro, small and medium-sized enterprises and local procurement, which are essential for endogenous development and can strengthen the capacity of developing countries for mobilising domestic revenue,
Amendment 45 #
Draft opinion Paragraph 5 5. Calls for measures to promote
Amendment 46 #
Draft opinion Paragraph 5 a (new) 5a. Stresses that the EU is the main provider of the Aid for Trade programme in the world, where main priorities are encouraging business-to business relations, supporting productive capacity and capacity to trade in developing countries;
Amendment 47 #
Draft opinion Paragraph 5 a (new) 5a. Emphasizes that it is crucial to ensure that investor protection mechanisms are included in trade and investment agreements with developing countries, in order to provide adequate legal certainty and property rights protection assurance with the aim of attracting investment and international private finance resources to developing countries;
Amendment 48 #
Draft opinion Paragraph 5 a (new) 5a. Emphasises that efforts to strengthen the capacity of developing countries for mobilising private, external and domestic resources must of necessity be accompanied by measures to create environments that are favourable to entrepreneurship and to responsible investment with sustainable development, starting with the eradication of political corruption and with fair taxation, accompanied by firm action to fight fraud, tax evasion and tax havens, then moving on to the lifting of administrative constraints and to training and skills for businesses and, last but by no means least, the holding of businesses responsible for the impact of their actions on poverty reduction, inequality and environmental sustainability;
Amendment 49 #
Draft opinion Paragraph 5 a (new) 5 a. Urges the Commission to assess the risks of corruption and diversion of funds allocated as part of direct aid or loans;
Amendment 5 #
Draft opinion Paragraph 1 1. Notes that the private sector’s role in development has increased to support political priorities in a period of diminishing aid budgets, and considers that the EU’s engagement with the private sector in the context of development must be subject to internationally agreed development effectiveness, sustainability, and equity principles;
Amendment 50 #
Draft opinion Paragraph 5 a (new) 5 a. Encourages the development of partnerships between African and European enterprises;
Amendment 51 #
Draft opinion Paragraph 5 b (new) 5 b. Encourages the European Union and developing countries to support the competitiveness of SMEs and micro- enterprises and the establishment of cooperation between small enterprises in the Member States and in developing countries;
Amendment 52 #
Draft opinion Paragraph 5 c (new) 5 c. Calls on the European Investment Bank (EIB) to concentrate the funds earmarked for developing countries on infrastructure development and to work alongside the African Development Bank (AfDB) to finance long-term investments at the service of economic development;
Amendment 53 #
Draft opinion Paragraph 6 6. Calls for the review of existing trade and investment agreements in order to identify any areas, especially provisions on intellectual property rights, that may have negative
Amendment 54 #
Draft opinion Paragraph 6 6. Calls for
Amendment 55 #
Draft opinion Paragraph 6 6.
Amendment 56 #
Draft opinion Paragraph 6 6. Calls for the review of existing trade and investment agreements in order to identify any areas
Amendment 57 #
Draft opinion Paragraph 6 6. Calls
Amendment 58 #
Draft opinion Paragraph 6 a (new) 6a. Requests all EU enterprises to fulfil their corporate social responsibility to respect human rights in line with the UN Guiding Principles; Urges the European Union to look for ways to strengthen Corporate Social Responsibility, for example by improving visibility of CSR and enhancing market reward for companies adhering to CSR guidelines;
Amendment 59 #
Draft opinion Paragraph 6 a (new) 6a. Suggests a revision of existing and an improvement of future Sustainable development chapters in bilateral trade agreements with a view to include mandatory reporting schemes for the private sector;
Amendment 6 #
Draft opinion Paragraph 1 1. Notes that the private sector’s role in development has increased to support political priorities in a period of diminishing aid budgets, and considers that the EU’s engagement with the private sector in the context of development must be
Amendment 60 #
Draft opinion Paragraph 6 a (new) 6a. Stresses the importance of protecting Intellectual Property Rights worldwide, while taking into account specific circumstances in individual developing countries;
Amendment 61 #
Draft opinion Paragraph 7 7. Urges, in the same vein, the Commission to further promote initiatives for
Amendment 62 #
Draft opinion Paragraph 7 7. Urges the Commission to further promote initiatives to better control the textile sector, and for the responsible mining, logging and sourcing of commodities, together with private sustainability-bound schemes, throughout supply chains, and to step up product and process life-cycle analysis as regards environmental and social considerations;
Amendment 63 #
Draft opinion Paragraph 7 7. Urges the Commission to further promote initiatives for the responsible mining, logging and sourcing of commodities, together with private sustainability-bound schemes, throughout supply chains, and to step up product and process life-cycle analysis as regards environmental and social considerations; welcomes the fact that a broad range of industries and transnational companies have adopted codes of conduct detailing social and environmental performance standards for their global supply chains;
Amendment 64 #
Draft opinion Paragraph 7 a (new) 7a. Is of the view that investment by the private sector into projects limited to the export of raw materials and natural resources are at least questionable as a contribution to the achievement of development goals;
Amendment 65 #
Draft opinion Paragraph 7 a (new) 7a. Calls for the development of more effective transparency and accountability standards for EU technology companies in connection with the export of technologies that can be used to violate human rights, to aid corruption or to act against the EU's security interests;
Amendment 66 #
Draft opinion Paragraph 7 b (new) 7b. Insists that instruments such as the ILO Convention 169, the OECD Guidelines for Multinational Enterprises, the Guiding Principles of the United Nations on Business and Human Rights, and the EU Human Rights and Democracy Strategic Framework have to be applied systematically, and that any infringement has to be sued, without accepting impunity;
Amendment 67 #
Draft opinion Paragraph 7 c (new) 7c. Recommends a careful approach to blending and insists that companies can only benefit from EU financial instruments such as the regional investment facilities (LAIF and others), if regular monitoring of their coherence with development objectives is ensured;
Amendment 68 #
Draft opinion Paragraph 8 Amendment 69 #
Draft opinion Paragraph 8 8. Highlights the need for EU trade policy to promote good governance via a binding framework which ensures that EU companies contribute to inclusive economic growth and are accountable for their actions in developing countries as regards standards in respect of human rights, gender equality, decent work, union rights, environmental protection, social protection, universal access to quality goods and public services,
Amendment 7 #
Draft opinion Paragraph 1 1. Notes that the private sector
Amendment 70 #
Draft opinion Paragraph 8 8. Highlights the need for EU trade policy to promote good governance via a
Amendment 71 #
Draft opinion Paragraph 8 8. Highlights the need for EU trade policy to promote good governance via a binding framework which ensures that EU companies are accountable for their actions in developing countries as regards
Amendment 72 #
Draft opinion Paragraph 8 8. Highlights the
Amendment 73 #
Draft opinion Paragraph 8 a (new) 8a. Highlights that private investors in developing countries significantly benefit from investment-protection agreements, which risks to put profit over development concerns, to lead to regulatory chill and to reinforce unfair business relations; therefore recommends to exclude private sector financed development projects from BITs or ISDS-like provisions, not at least in order to strengthen the domestic judicial system, and calls for the use of national legal systems instead.
Amendment 74 #
Draft opinion Paragraph 8 a (new) 8a. Urges, specifically, that EU Member States draw up national business and human rights plans in order to be effective in implementing the Guilding Principles on Business and Human Rights adopted by the UN in 2011, and to deliver, without further delay, on the commitment made by the European Council in 2013 through the ʽEU Action Plan on Human Rights and Democracyʼ.
Amendment 75 #
Draft opinion Paragraph 8 a (new) 8 a. Insists that European enterprises must not replace public services in the partner countries.
Amendment 76 #
Draft opinion Paragraph 8 b (new) 8b. Stresses likewise the importance of empowering consumers so that they may turn consumption into a political act, as well as a responsible and sustainable practice; urges the Commission to set up product traceability systems as well as an EU register of businesses involved in EU development projects, in order to make their actions more transparent and enable citizens to monitor the actions of EU businesses outside the EU, while at the same time facilitating the dissemination of experience on an international scale and, equally important, the visibility and positive image of EU businesses.
Amendment 77 #
Draft opinion Paragraph 8 c (new) 8c. Calls, lastly, on the Commission to promote the creation of coordination and meetings forums for businesses, public authorities and civil society organisations, both in the EU and in third countries, in order to foster the exchange of good practices and the configuration of synergies conducive to development.
Amendment 8 #
Draft opinion Paragraph 1 Notes the strategic importance of the EU recovering its global leadership role in poverty reduction and sustainable development and that the private sector’s role in development has increased to support political priorities in a period of diminishing aid budgets, and considers that the EU’s engagement with the private sector in the context of development must be subject to internationally agreed
Amendment 9 #
Draft opinion Paragraph 1 a (new) 1a. Underlines that the notion of "private sector “is very large and includes transnational as well as national business in the production and services areas, the banking and financing sector, workers' and employers' organisations and NGOs, and that each of them has its own priorities, principles and targets,
source: 557.138
2015/05/27
DEVE
279 amendments...
Amendment 1 #
Motion for a resolution Citation 2 - having regard to the Commission communication entitled ‘Stronger Role of the Private Sector in Achieving Inclusive and Sustainable Growth in Developing Countries’ (COM(2014)0263) and to the Council conclusions thereon of 23 June 2014 and 12 December 2014,
Amendment 10 #
Motion for a resolution Citation 18 c (new) - having regard to the ILO Decent Work Agenda,
Amendment 100 #
Motion for a resolution Paragraph 1 g (new) 1g. Calls for more public investment in public services accessible for all, especially in the transport sector, access to drinking water, health and education;
Amendment 101 #
Motion for a resolution Paragraph 1 h (new) 1h. Emphasises that the future partnerships within the post-2015 development agenda must have a greater focus on tackling poverty and inequality;
Amendment 102 #
Motion for a resolution Paragraph 1 i (new) 1i. Highlight that although further finance is needed to face sustainable development challenges, the private sector potentialities for helping the achievement of sustainable development goals are limited since the pursuit of profits in social and basic services is incompatible with a sustainable development, especially in countries where market regulations and governments are weak and corruption is common;
Amendment 103 #
Motion for a resolution Paragraph 1 j (new) 1j. Underlines that current EU practices to leverage private finance with official development aid (ODA) have proved to be ineffective due to lack of clarity on additionally, transparency, accountability, ownership and alignment with country priorities and debt sustainability risk;
Amendment 104 #
Motion for a resolution Paragraph 2 2. Emphasises that all partnerships and alliances with the private sector must
Amendment 105 #
Motion for a resolution Paragraph 2 2.
Amendment 106 #
Motion for a resolution Paragraph 2 2.
Amendment 107 #
Motion for a resolution Paragraph 2 2. Emphasises that all partnerships and alliances with the private sector must focus on shared value priorities that align business goals with the EU's development objectives and Corporate Social Responsibility (CSR) - an opportunity to create value for both the business sector and developing countries -; be co- designed and co-
Amendment 108 #
Motion for a resolution Paragraph 2 2. Emphasises that all partnerships and alliances with the private sector must focus on shared value priorities that align business goals with the EU's development objectives; be co-designed and co-managed to ensure that risks, responsibilities and profits are shared; be cost-effective;
Amendment 109 #
Motion for a resolution Paragraph 2 b (new) 2b. Calls on the EU and its Member States to develop a clear and concrete strategy to ensure private sector alignment to development priorities of national governments and civil society;
Amendment 11 #
Motion for a resolution Citation 18 c (new) - having regard to the ILO Decent Work Agenda,
Amendment 110 #
Motion for a resolution Paragraph 2 c (new) 2c. Calls on the European Commission to promote, support, and finance public- public-partnerships as the first option and to include mandatory and publicly available ex-ante poverty and social impact assessments when development programs are implemented together with the private sector;
Amendment 111 #
Motion for a resolution Paragraph 2 d (new) 2d. Calls on the European Union to include formal consultation with civil society organisations and with communities directly and indirectly impacted by development projects;
Amendment 112 #
Motion for a resolution Paragraph 2 e (new) 2e. Calls on the European Union to develop a robust due diligence mechanisms to enhance private sector role in development accountability;
Amendment 113 #
Motion for a resolution Paragraph 3 3. Highlights the vast potential of the EU's value added in
Amendment 114 #
Motion for a resolution Paragraph 3 3. Highlights the vast potential of the EU's value added in
Amendment 115 #
Motion for a resolution Paragraph 3 3. Highlights the vast potential of the EU's value added in
Amendment 116 #
Motion for a resolution Paragraph 3 3. Highlights the vast potential of the EU's value added in partnering with the private sector, in close coordination with its Member States, many of which have a proven track record in working with the private sector;
Amendment 117 #
Motion for a resolution Paragraph 3 3. Highlights the vast potential of the EU's value added in partnering with the private sector, in close coordination with its Member States, and relevant International Organisations;
Amendment 118 #
Motion for a resolution Paragraph 3 a (new) 3a. Acknowledges equally the right of all countries, particularly developing countries, to impose temporary capital restrictions to prevent financial crisis caused by short-term and volatile private financial flows; calls for the removal of constraints to this right from all trade and investment agreements, including at the WTO;
Amendment 119 #
Motion for a resolution Paragraph 3 a (new) 3a. Acknowledges equally the right of all countries, particularly developing countries, to impose temporary capital restrictions to prevent financial crisis caused by short-term and volatile private financial flows; calls for the removal of constraints to this right from all trade and investment agreements, including at the WTO;
Amendment 12 #
Motion for a resolution Citation 18 c (new) - having regard to the ILO Decent Work Agenda,
Amendment 120 #
Motion for a resolution Paragraph 3 b (new) 3b. Points out that the EU needs to take accessibility into account in its support to the private sector, as the exclusion of wide groups of the population, such as persons with disabilities, deprives private enterprises of a market of non-negligible size;
Amendment 121 #
Motion for a resolution Paragraph 3 c (new) 3c. Highlights that 70% of people making less than 1.25 US dollar per day live in Middle-Income Countries; stresses the importance of development aid to Middle- Income Countries as they are essential for continued global economic growth and stability due to their positive spill-over effect to the rest of the world in terms of poverty reduction, international financial stability, climate change mitigation and international trade;
Amendment 122 #
Motion for a resolution Paragraph 3 d (new) 3d. Stress the risks of supporting EU companies through development aid given the need for additional development resources and the risk of increasing aid tied to the delivery of European goods and services;
Amendment 123 #
Motion for a resolution Paragraph 4 Amendment 124 #
Motion for a resolution Paragraph 4 4.
Amendment 125 #
Motion for a resolution Paragraph 4 4.
Amendment 126 #
Motion for a resolution Paragraph 4 4. Points out that SMMEs in developing countries face much heavier regulatory burdens than those within the EU, and that they lack legal protection and property rights and operate in the volatile informal economy; emphasises in this regard on the importance of land registration systems;
Amendment 127 #
Motion for a resolution Paragraph 4 a (new) 4a. Calls on the EU to promote nationally-owned development strategies shaping private sector contribution to development by engaging with private sector in development framework that focuses on domestic cooperatives and small and medium sized enterprises (SMEs), micro enterprises, in particular, smallholder farmers as they offer the greatest potential to drive equitable development in countries;
Amendment 128 #
Motion for a resolution Paragraph 4 a (new) 4a. Calls the Commission to prioritise investment in domestic small and medium sized enterprises (SMEs), as they offer the greatest potential to drive equitable development in countries;
Amendment 129 #
Motion for a resolution Paragraph 4 b (new) 4b. Call on the EU to strengthen capacity of developing countries for domestic revenue mobilisation and fighting tax fraud and tax evasion;
Amendment 13 #
Motion for a resolution Citation 18 d (new) Amendment 130 #
Motion for a resolution Paragraph 5 Amendment 131 #
Motion for a resolution Paragraph 5 5. Underlines the need for increased support towards partnering with developing countries to overhaul their regulatory frameworks by creating an environment friendly for private initiatives; notes the need to facilitate establishment of reliable banking systems and tax administrations in developing countries capable of providing efficient financial governance and management of public and private funds; calls on partner governments to introduce a sunset clause whereby redundant measures can be annulled; notes that legislation should be subject to impact assessments aimed at gauging negative job creation and threats to environmental standards;
Amendment 132 #
Motion for a resolution Paragraph 5 5. Underlines the need
Amendment 133 #
Motion for a resolution Paragraph 5 5. Underlines the need
Amendment 134 #
Motion for a resolution Paragraph 5 5. Underlines the need for increased support towards partnering with developing countries to overhaul their regulatory frameworks by creating an environment friendly for private initiatives, providing support mechanisms for businesses; calls on partner governments to introduce a sunset clause whereby redundant measures can be annulled; notes that legislation should be subject to impact assessments aimed at gauging negative job creation and threats to environmental standards;
Amendment 135 #
Motion for a resolution Paragraph 5 b (new) 5b. Points out the essential role of human capital in promotion sustainable development and achieving its goals; calls for increased technical assistance to the governments of the partner countries, in order to raise their capacity to claim the ownership of the PPPs;
Amendment 136 #
Motion for a resolution Paragraph 6 6.
Amendment 137 #
Motion for a resolution Paragraph 6 6.
Amendment 138 #
Motion for a resolution Paragraph 6 6.
Amendment 139 #
Motion for a resolution Paragraph 6 6. Calls for DG DEVCO to work with DG Enterprise in replicating regional support structures for SMMEs in developing countries aimed at helping them enter legality, get access to finance and capital, obtain market access and overcome legal obstacles, supporting in particular the strengthening of the intermediary organisations representing them;
Amendment 14 #
Motion for a resolution Recital A A. whereas the role of the public sector is fundamental to the achievement of Sustainable Development Goals (SDGs); whereas private sector is the engine of wealth creation and economic growth in all market economies, generating 90 % of jobs and income in developing countries; whereas the private sector accounts for 84 % of GDP in developing countries according to the United Nations (UN) and has the capacity to provide a sustainable base for domestic resource mobilisation provided that it is properly regulated in order to respect human rights and environment and linked to concrete long term improvements in the domestic economy, sustainable development and inequality reduction; but whereas income and wealth inequalities within and among countries have increased since the early 1980s, including in high-income countries, since the implementation of the Washington Consensus policies;
Amendment 140 #
Motion for a resolution Paragraph 6 6. Calls for DG DEVCO to work with DG Enterprise in replicating regional support structures for SMMEs in developing countries, on the model of Enterprise Europe Network, aimed at helping them enter legality, get access to finance and capital, obtain market access and overcome legal obstacles;
Amendment 141 #
Motion for a resolution Paragraph 6 a (new) 6a. Highlights that such structures could also become in time launching avenues for local and regional public-private partnerships in areas ranging from agribusiness to vocational training and healthcare programmes, therefore facilitating capacity building, sharing of knowledge and experience and the pooling of local and international resources;
Amendment 142 #
Motion for a resolution Paragraph 6 b (new) 6b. Reiterates EU's responsibility in supporting a fair global tax system, which implies establishing effectively mandatory requirements for public country-by- country reporting of Transnational Corporations; establishing Public Registers of the Beneficial Owners of Companies, Trusts and similar legal entities; ensuring automatic exchange of tax information and a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries; deems equally that DFIs should only invest in companies and funds that are willing to publicly disclose beneficial ownerships and report back their financial accounts on a country-by- country basis;
Amendment 143 #
Motion for a resolution Paragraph 6 b (new) 6b. Reiterates EU's responsibility in supporting a fair global tax system, which implies establishing effectively mandatory requirements for public country-by- country reporting of Transnational Corporations; establishing Public Registers of the Beneficial Owners of Companies, Trusts and similar legal entities; ensuring automatic exchange of tax information and a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries; deems equally that DFIs should only invest in companies and funds that are willing to publicly disclose beneficial ownerships and report back their financial accounts on a country-by- country basis;
Amendment 144 #
Motion for a resolution Paragraph 6 b (new) 6b. Reiterates EU's responsibility in supporting a fair global tax system, which implies establishing effectively mandatory requirements for public country-by- country reporting of Transnational Corporations; establishing Public Registers of the Beneficial Owners of Companies, Trusts and similar legal entities; ensuring automatic exchange of tax information and a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries; deems equally that DFIs should only invest in companies and funds that are willing to publicly disclose beneficial ownerships and report back their financial accounts on a country-by- country basis;
Amendment 145 #
Motion for a resolution Paragraph 6 c (new) 6c. Encourages the establishment of vocational dual training institutions in which young people, while undergoing a professional apprenticeship programme with an emphasis on practical aspects of a profession, will have theoretical lectures at specialised professional schools;
Amendment 146 #
Motion for a resolution Paragraph 6 d (new) 6d. Recalls that tariff regimes are an essential component of a regulatory environment tailored to pro-poor private sector development and job creation; but notes with concern that Economic Partnership Agreements (EPAs) mandate import tariff reduction across a wide range of ACP countries economic sectors, while eliminating all tariffs on EU imports would considerably lower tariff revenues, in some cases by as much as 15- 20% of government revenues; urges the EU to frame its trade policy in line with the principle of Policy Coherence for Development;
Amendment 147 #
Motion for a resolution Paragraph 6 d (new) 6d. Recalls that tariff regimes are an essential component of a regulatory environment tailored to pro-poor private sector development and job creation; but notes with concern that Economic Partnership Agreements (EPAs) mandate import tariff reduction across a wide range of ACP countries economic sectors, while eliminating all tariffs on EU imports would considerably lower tariff revenues, in some cases by as much as 15- 20% of government revenues; urges the EU to frame its trade policy in line with the principle of Policy Coherence for Development;
Amendment 148 #
Motion for a resolution Paragraph 6 d (new) 6d. Recalls that tariff regimes are an essential component of a regulatory environment tailored to pro-poor private sector development and job creation; but notes with concern that Economic Partnership Agreements (EPAs) mandate import tariff reduction across a wide range of ACP countries economic sectors, while eliminating all tariffs on EU imports would considerably lower tariff revenues, in some cases by as much as 15- 20% of government revenues; urges the EU to frame its trade policy in line with the principle of Policy Coherence for Development;
Amendment 149 #
Motion for a resolution Paragraph 6 e (new) 6e. Calls for an enlargement of the "Erasmus for Young Entrepreneurs" programme beyond Europe in particular to developing countries while providing the necessary financial means;
Amendment 15 #
Motion for a resolution Recital A A. whereas the private sector is the engine of wealth creation and economic growth in all market economies, generating 90 % of jobs and income in developing countries; whereas the private sector accounts for 84 % of GDP in developing countries according to the United Nations (UN) and has the capacity to provide a sustainable base for domestic resource mobilisation provided that it is properly regulated in order to respect human rights and environment and linked to concrete long term improvements in the domestic economy, sustainable development and inequality reduction;
Amendment 150 #
Motion for a resolution Paragraph 6 f (new) 6f. Notes with concern that rules on investment protection, which give very strong rights to foreign investors, have reduced governments policy space to regulate in the public interest, especially in the case of Investor-State Dispute Settlement; in this context, reasserts that governments and parliaments of developing countries must retain the right to regulate private investment, including the right to discriminate in favour of investors that support the country's development; more broadly, urges the EU to strengthen the development dimension of international investment agreements (IIAs) and balancing the rights and obligations of States and investors;
Amendment 151 #
Motion for a resolution Paragraph 6 f (new) 6f. Notes with concern that rules on investment protection, which give very strong rights to foreign investors, have reduced governments policy space to regulate in the public interest, especially in the case of Investor-State Dispute Settlement; in this context, reasserts that governments and parliaments of developing countries must retain the right to regulate private investment, including the right to discriminate in favour of investors that support the country's development; more broadly, urges the EU to strengthen the development dimension of international investment agreements (IIAs) and balancing the rights and obligations of States and investors;
Amendment 152 #
Motion for a resolution Paragraph 6 f (new) 6f. Notes with concern that rules on investment protection, which give very strong rights to foreign investors, have reduced governments policy space to regulate in the public interest, especially in the case of Investor-State Dispute Settlement; in this context, reasserts that governments and parliaments of developing countries must retain the right to regulate private investment, including the right to discriminate in favour of investors that support the country's development;
Amendment 153 #
Motion for a resolution Paragraph 7 Amendment 154 #
Motion for a resolution Paragraph 7 7.
Amendment 155 #
Motion for a resolution Paragraph 7 7.
Amendment 156 #
Motion for a resolution Paragraph 7 a (new) 7a. Highlights that in fragile states and post-conflict nations, the private sector obstacles to development are greater than elsewhere and require a more targeted approach in order to improve the investment climate and remove stifling, obsolete business regulations, predatory behaviours and the high level of corruption; recommends in this respect that the Commission engages with partner countries and the private sector in policy reform dialogue, in order to overcome the deep mistrust between governments and the private sector, enabled traditionally by rent-seeking behaviours, cronyism and lack of legitimacy;
Amendment 157 #
Motion for a resolution Paragraph 8 8. Calls on the Commission and the Member States to step up their efforts to promote the economic empowerment of women; notes that a savings-led approach to the financial inclusion of women has a proven track record; recommends a gender mainstreaming approach in all partnership programmes, combined with entrepreneurship training for women and youth and recommends that measures be adopted to monitor the process relating to the economic empowerment of women, also with regard to respect for the rights of women as workers, and to promote female entrepreneurship and equal pay;
Amendment 158 #
Motion for a resolution Paragraph 8 8. Calls on the Commission and the Member States to step up their efforts to promote the economic empowerment of women; notes that a savings-led approach to the financial inclusion of women has a proven track record; recommends a gender mainstreaming approach in all partnership programmes, combined with entrepreneurship training for women and youth; calls in this context for increased support to be given to local SMEs, especially to female entrepreneurs, so as to enable them to gain from private sector-led growth;
Amendment 159 #
Motion for a resolution Paragraph 8 8. Calls on the Commission and the Member States to step up their efforts to promote the economic empowerment of women; notes that a savings-led approach to the financial inclusion of women has a proven track record; recommends a gender mainstreaming approach in all partnership programmes, combined with entrepreneurship training for women and youth; notes that according to the IMF the income per capita would increase significantly if women would contribute equally with men to the workforce;
Amendment 16 #
Motion for a resolution Recital A A. whereas the private sector is the engine of wealth creation and economic growth in all market economies, generating 90 % of jobs and income in developing countries; whereas the private sector accounts for 84 % of GDP in developing countries according to the United Nations (UN) and has the capacity to provide a sustainable base for domestic resource mobilisation; whereas, according to the FAO, 82% of cultivated land in the world measures less than 2 square metres and according to the ILO some 50% of global rural agricultural products are marketed through business models based on associations of small and very small producers who have formed cooperatives;
Amendment 160 #
Motion for a resolution Paragraph 8 8. Calls on the Commission and the Member States to step up their efforts to promote the economic empowerment of women;
Amendment 161 #
Motion for a resolution Paragraph 8 8. Calls on the Commission and the Member States to step up their efforts to promote the economic empowerment of women; notes that a savings-led approach to the financial inclusion of women has a proven track record; recommends a gender mainstreaming approach in all partnership programmes, combined with entrepreneurship training for women and youth and targeted female business angel networks;
Amendment 162 #
Motion for a resolution Paragraph 8 8. Calls on the Commission and the Member States to step up their efforts to promote the economic empowerment of women; notes that a savings-led approach to the financial inclusion of women has a proven track record; recommends a gender mainstreaming approach in all partnership programmes, combined with entrepreneurship training for women
Amendment 163 #
Motion for a resolution Paragraph 8 a (new) 8a. Recommends that the Commission works with partner countries to enhance women's voice by raising awareness of their rights and their participation in local workers' associations, helping them address issues before they become grievances and to contribute to programs for skills upgrading, in order to enable more women to rise into supervisory positions, where they are currently under- represented;
Amendment 164 #
Motion for a resolution Paragraph 8 b (new) 8b. Urges developing countries to establish support mechanisms for women entrepreneurs, including through the provision of relevant information, legal protection, and professional advancement and management training courses;
Amendment 165 #
Motion for a resolution Paragraph 9 9.
Amendment 166 #
Motion for a resolution Paragraph 9 9.
Amendment 167 #
Motion for a resolution Paragraph 9 9. Highlights that
Amendment 168 #
Motion for a resolution Paragraph 9 a (new) 9a. Highlights that the defence of human rights, gender equality, social cohesion and the fight against inequalities should remain at the core of development activities; recalls the need to comply with agreed international standards such as the International Labour Organisation (ILO) standards and the UN Guiding Principles on Business and Human Rights; calls for binding international rules for firms on compliance with human rights, labour law and environmental standards and urges the European Commission to take the lead by developing a clearly defined framework agreement governing all partnership agreements with private sector in line with the Corporate Social Responsibility principles and standards;
Amendment 169 #
Motion for a resolution Paragraph 9 b (new) 9b. Stresses that social dialogue is essential to ensure that private sector engages effectively in development; insists upon developing countries' responsibility to support social dialogue between private sector employers, workers and national governments as a way to improve good governance and state stability; in particular, calls on developing countries to ensure that social dialogue is extended to Export Processing Zones (EPZs) and to industrial clusters;
Amendment 17 #
Motion for a resolution Recital A a (new) Aa. whereas private sectors' contribution to SDGs can take two main forms: good governance in business practises and investment in sustainable development;
Amendment 170 #
Motion for a resolution Paragraph 9 b (new) 9b. Stresses that social dialogue is essential to ensure that private sector engages effectively in development; insists upon developing countries' responsibility to support social dialogue between private sector employers, workers and national governments as a way to improve good governance and state stability; in particular, calls on developing countries to ensure that social dialogue is extended to Export Processing Zones (EPZs) and to industrial clusters;
Amendment 171 #
Motion for a resolution Paragraph 9 b (new) 9b. Stresses that social dialogue is essential to ensure that private sector engages effectively in development; insists upon developing countries' responsibility to support social dialogue between private sector employers, workers and national governments as a way to improve good governance and state stability; in particular, calls on developing countries to ensure that social dialogue is extended to Export Processing Zones (EPZs) and to industrial clusters;
Amendment 172 #
Motion for a resolution Paragraph 9 c (new) 9c. Calls for European development efforts to play a significant role in implementation of the UN Guiding Principles on Business and Human Rights, including working with European enterprises and investors to ensure full compliance with the guiding principles and the OECD Guidelines on Multinational Enterprise in their business activities and in their supply chains in developing countries;
Amendment 173 #
Motion for a resolution Paragraph 10 10. Emphasises that the private sector and especially local SMEs must be part of the policy dialogue, including industrial policies, alongside all other development partners; recognises that the private sector includes actors such as social enterprises and Fairtrade organisations which have social and environmental principles built in to their work; calls on the Commission to recognise these efforts in its work on the role of the private sector in development;
Amendment 174 #
Motion for a resolution Paragraph 10 10. Emphasises that the private sector must be part of the policy dialogue, alongside all other development partners, in order to facilitate mutual understanding and manage expectations, ensuring efficiency and transparency;
Amendment 175 #
Motion for a resolution Paragraph 10 10.
Amendment 176 #
Motion for a resolution Paragraph 10 10.
Amendment 177 #
Motion for a resolution Paragraph 10 10.
Amendment 178 #
Motion for a resolution Paragraph 10 10. Emphasises that the private sector must be part of the policy dialogue, alongside all other development partners; underlines in this context the important role of EU delegations in developing countries as a platform for such dialogues;
Amendment 179 #
Motion for a resolution Paragraph 10 a (new) 10a. Calls on the European Commission to champion the proposal from investors and other stakeholders to support binding rules on social, environmental and human rights reporting by business, consistent with the EU directive on non- financial reporting, which are encompassed as one of the new proposed UN Sustainable Development Goals;
Amendment 18 #
Motion for a resolution Recital A a (new) Aa. whereas private sectors' contribution to SDGs can take two main forms: good governance in business practises and investment in sustainable development;
Amendment 180 #
Motion for a resolution Paragraph 10 b (new) 10b. Highlight the positive role of cooperatives as catalysts of socially- inclusive development and their capacity to empower communities through jobs and income generation; in particular, points out that workers have formed shared service cooperatives and associations to assist in their self- employment in the informal economy, while in rural areas, savings and credit cooperatives provides access to banking services that are lacking in many communities and finance the formation of small and micro businesses; hence, calls for a strong commitment of the Commission to encourage the development of cooperatives in developing countries as an important tool of social inclusion;
Amendment 181 #
Motion for a resolution Paragraph 10 b (new) 10b. Highlight the positive role of cooperatives as catalysts of socially- inclusive development and their capacity to empower communities through jobs and income generation; in particular, points out that workers have formed shared service cooperatives and associations to assist in their self- employment in the informal economy, while in rural areas, savings and credit cooperatives provides access to banking services that are lacking in many communities and finance the formation of small and micro businesses; hence, calls for a strong commitment of the Commission to encourage the development of cooperatives in developing countries as an important tool of social inclusion;
Amendment 182 #
Motion for a resolution Paragraph 10 b (new) 10b. Highlight the positive role of cooperatives as catalysts of socially- inclusive development and their capacity to empower communities through jobs and income generation; in particular, points out that workers have formed shared service cooperatives and associations to assist in their self- employment in the informal economy, while in rural areas, savings and credit cooperatives provides access to banking services that are lacking in many communities and finance the formation of small and micro businesses; hence, calls for a strong commitment of the Commission to encourage the development of cooperatives in developing countries as an important tool of social inclusion;
Amendment 183 #
Motion for a resolution Paragraph 10 c (new) 10c. Calls for greater transparency in finance to help combat corruption and illicit financial flows, including through the development of fair and effective tax systems;
Amendment 184 #
Motion for a resolution Paragraph 11 Amendment 185 #
Motion for a resolution Paragraph 11 11.
Amendment 186 #
Motion for a resolution Paragraph 11 11.
Amendment 187 #
Motion for a resolution Paragraph 11 11. Underlines the fact that DG Enterprise has numerous tools to help SMEs that wish to do business abroad, such as the SME Internationalisation Portal; calls for DG DEVCO to make more efficient use of such instruments to ensure that European
Amendment 188 #
Motion for a resolution Paragraph 12 Amendment 189 #
Motion for a resolution Paragraph 12 12. Stresses that one of the key constraints in increasing private participation in developing countries stems from the lack of bankable projects owing to weak legal, institutional and fiscal frameworks and enforcement capacities, as well as of resources for investment planning and project preparation; calls for increased technical assistance to the partner countries' public enterprise sector in order to raise their capacity to assume the ownership and responsibility for the management of PPPs;
Amendment 19 #
Motion for a resolution Recital A b (new) Ab. whereas the private sector is a very broad term encompassing a wide range of actors and needs to be specified;
Amendment 190 #
Motion for a resolution Paragraph 12 a (new) 12a. Notes with concern that many developing countries find themselves in a very weak bargaining position in face of some foreign direct investors making extensive use of tax subsidies and exemptions, thereby weakening their ability to mobilise domestic resources; calls on the EU and donor community to scale up their cooperation on tax matters as a means to improve democratic governance, especially in fragile states; and calls on developing countries to enact regulations to ensure that the private sector contributes to development through fair and transparent taxation;
Amendment 191 #
Motion for a resolution Paragraph 12 a (new) 12a. Notes with concern that many developing countries find themselves in a very weak bargaining position in face of some foreign direct investors making extensive use of tax subsidies and exemptions, thereby weakening their ability to mobilise domestic resources; calls on the EU and donor community to scale up their cooperation on tax matters as a means to improve democratic governance, especially in fragile states; and calls on developing countries to enact regulations to ensure that the private sector contributes to development through fair and transparent taxation;
Amendment 192 #
Motion for a resolution Paragraph 12 a (new) 12a. Notes with concern that many developing countries find themselves in a very weak bargaining position in face of some foreign direct investors making extensive use of tax subsidies and exemptions, thereby weakening their ability to mobilise domestic resources; calls on the EU and donor community to scale up their cooperation on tax matters as a means to improve democratic governance, especially in fragile states; and calls on developing countries to enact regulations to ensure that the private sector contributes to development through fair and transparent taxation;
Amendment 193 #
Motion for a resolution Paragraph 12 b (new) 12b. Stresses the need for the private sector to foresee long term investment for returns, as depending on their shareholders, they might otherwise lack the long-term vision needed for returns in social sectors that are key for human development;
Amendment 194 #
Motion for a resolution Paragraph 13 Amendment 195 #
Motion for a resolution Paragraph 13 13. Notes that private participation in infrastructure in developing countries has increased considerably, from USD 18 billion in 1990 to USD 150 billion in 2013; calls for continued engagement
Amendment 196 #
Motion for a resolution Paragraph 13 a (new) 13a. Notes with concern that many donor- funded PPP programs are only accessible for firms from donor countries; hence, fears that the promotion of PPPs in developing countries could result in a new form of aid tying; recalls that development aid should be tied to the objective of poverty eradication only, not to the promotion of EU trade interests policy;
Amendment 197 #
Motion for a resolution Paragraph 13 a (new) 13a. Notes with concern that many donor- funded PPP programs are only accessible for firms from donor countries; hence, fears that the promotion of PPPs in developing countries could result in a new form of aid tying; recalls that development aid should be tied to the objective of poverty eradication only, not to the promotion of EU trade interests policy;
Amendment 198 #
Motion for a resolution Paragraph 13 a (new) 13a. Notes with concern that many donor- funded PPP programs are only accessible for firms from donor countries; hence, fears that the promotion of PPPs in developing countries could result in a new form of aid tying; recalls that development aid should be tied to the objective of poverty eradication only, not to the promotion of EU trade interests policy;
Amendment 199 #
Motion for a resolution Paragraph 14 14. Highlights the
Amendment 2 #
Motion for a resolution Citation 5 a (new) - having regard to the Foreign Affairs (Development) Council conclusions of 12 December 2014 on the role of the private sector in development cooperation, entitled ‘An action oriented perspective’,
Amendment 20 #
Motion for a resolution Recital A c (new) Ac. whereas there is a clear correlation between the development of a strong manufacturing sector and market poverty reduction: 1% of increase in Manufacturing Value Added (MVA) per capita, decreases the poverty head count by almost 2 %;1 __________________ 1 http://www.unido.org/fileadmin/user_med ia/Services/PSD/WP4_2014_Industrializat ion_and_social_well-being.pdf
Amendment 200 #
Motion for a resolution Paragraph 14 14. Highlights the vast potential for PPPs in agriculture, under a clearly defined legislative framework for property rights and land tenure security, to prevent land grabbing
Amendment 201 #
Motion for a resolution Paragraph 14 14.
Amendment 202 #
Motion for a resolution Paragraph 14 14.
Amendment 203 #
Motion for a resolution Paragraph 14 14.
Amendment 204 #
Motion for a resolution Paragraph 14 a (new) 14a. Stresses the need to establish financial incentives to avoid exclusion of poor remote populations and farmers who grow crops that are not of any major commercial interest or that are unlikely to be attractive to agribusiness partners;
Amendment 205 #
Motion for a resolution Paragraph 15 Amendment 206 #
Motion for a resolution Paragraph 15 15. Recommends that the EU continues to
Amendment 207 #
Motion for a resolution Paragraph 15 15. Recommends that the EU continues to
Amendment 208 #
Motion for a resolution Paragraph 15 15. Recommends that the EU continues to engage PPPs in renewable and green energy projects in developing countries; welcomes the fact that one of the priorities of the EIB's IFE is the investment in
Amendment 209 #
Motion for a resolution Paragraph 15 15. Recommends that the EU continues to engage PPPs in renewable and green energy projects in developing countries in a sustainable manner; welcomes the fact that one of the priorities of the EIB's IFE is the investment in energy, widely recognised as a key element in unlocking economic growth in Africa;
Amendment 21 #
Motion for a resolution Recital B B. whereas substantial investments are required, with estimates of the funds needed in developing countries amounting to USD 2.4 trillion more per year than what is currently being spent; whereas private financing can complement, but not substitute public funding;
Amendment 210 #
Motion for a resolution Paragraph 15 15. Recommends that the EU continues to engage PPPs in renewable and green energy projects in developing countries, in particular in remote rural areas; welcomes the fact that one of the priorities of the EIB's IFE is the investment in energy, widely recognised as a key element in unlocking economic growth in Africa;
Amendment 211 #
Motion for a resolution Paragraph 15 a (new) 15a. Urges the EU to develop a robust regulatory framework, based on development effectiveness criteria, within which the private sector must operate, including for the promotion of long term contractual PPPs; urges the EU to only promote PPPs if other less expensive and risky financing options are not available, on the basis of a cost-effective analysis; calls on the EU to implement effective safeguard policies for PPP projects to ensure human rights, including women's rights; insists that PPPs should be excluded for the provision of essential public services, such as health and education;
Amendment 212 #
Motion for a resolution Paragraph 15 b (new) 15b. Recommends that, in reforming land tenure and property rights legislation in developing countries, PPPs could play a crucial role in implementing systematic titling and cadastral mapping using low- cost technologies, as well as in the digitalisation of land records;
Amendment 213 #
Motion for a resolution Paragraph 15 c (new) 15c. Calls on the EU to work on strengthening capacity building of partner countries to assess when it is appropriate to engage in PPP projects and how to manage them in the public interest, including in planning, contract negotiation, management, accounting and minimising contingent liabilities;
Amendment 214 #
Motion for a resolution Paragraph 16 Amendment 215 #
Motion for a resolution Paragraph 16 16. Welcomes the achievements made in pooling public-private resources for healthcare and improved access to medicines, and for increasingly tapping the potential for technology transfer in developing countries; recommends that the EU becomes a facilitator in opening avenues for cooperation beyond access to medicines towards reforming dysfunctional healthcare systems in developing countries;
Amendment 216 #
Motion for a resolution Paragraph 16 a (new) 16a. Stresses, that support for local SMEs/SMIs can be enhanced not only through financing instruments, but also through technology transfer, capacity building, sustainable supplier development and business linkages;
Amendment 217 #
Motion for a resolution Paragraph 16 b (new) 16b. Highlights the importance of closing the gap between the education system and the existing job market in developing countries; calls for the European Commission to facilitate programs and support PPPs that involve all stakeholders concerned, from schools, universities, training centres and private sector actors to offer opportunities for training and education that that are relevant to the marketplace;
Amendment 218 #
Motion for a resolution Paragraph 16 c (new) 16c. Stresses that the use of PPPs have been problematic due to a lack of contract transparency, lack of assessing methodologies and lack of clear and transparent regulatory framework to prevent corruption;
Amendment 219 #
Motion for a resolution Paragraph 16 d (new) 16d. Underlines that developing governments' capacities as regulators must be strengthened to successfully achieve a sustainable development based on distributive and social justice; stresses that, opposite to the negative impacts of PPPs, which allow private partners to have their risk almost completely covered by governments by transferring the business risk to the public sector, the increase of the public-public partnership is a mechanism to rehabilitate or improve government-operated infrastructure enterprises;
Amendment 22 #
Motion for a resolution Recital B B. whereas substantial investments are required, with estimates of the funds needed in developing countries amounting to USD 2.4 trillion more per year than what is currently being spent; whereas private financing can complement, but not substitute public funding;
Amendment 220 #
Motion for a resolution Paragraph 16 e (new) 16e. Notes that PPPs must not be the way to transfer the risk from rich private companies to taxpayers in poor countries;
Amendment 221 #
Motion for a resolution Paragraph 16 f (new) 16f. Rejects public-private partnerships (PPPs) as a mechanism which is used to enforce developing countries to privatise state-run utilities and transfer the responsibility for improving public services into private hands;
Amendment 222 #
Motion for a resolution Paragraph 17 17.
Amendment 223 #
Motion for a resolution Paragraph 17 17.
Amendment 224 #
Motion for a resolution Paragraph 17 17. Highlights that engagement with the
Amendment 225 #
Motion for a resolution Paragraph 17 17. Highlights that engagement with the enterprise sector requires a flexible approach; tailored not just on the basis of intended outcomes, but also keeping in mind the extent to which local conditions are favourable to private enterprise and investment; recommends a differentiated approach with regards to least developed countries and fragile states;
Amendment 226 #
Motion for a resolution Paragraph 18 18. Welcomes the criteria outlined in the Commission's communication on private sector and development, for the provision of direct support to the private sector;
Amendment 227 #
Motion for a resolution Paragraph 18 18. Welcomes the criteria outlined in the Commission's communication on private sector and development, for the provision of direct support to the private sector;
Amendment 228 #
Motion for a resolution Paragraph 18 18. Welcomes the criteria outlined in the Commission's communication on private sector and development, for the provision of direct support to the private sector; calls for the setting up of a clearly defined mandatory framework agreement governing all partnerships with the private sector that
Amendment 229 #
Motion for a resolution Paragraph 18 18. Welcomes the criteria outlined in the Commission's communication on private sector and development, for the provision
Amendment 23 #
Motion for a resolution Recital B B. whereas substantial investments are required, with estimates of the funds needed in developing countries amounting to USD 2.4 trillion more per year than what is currently being spent; whereas private financing can complement, but not substitute public funding;
Amendment 230 #
Motion for a resolution Paragraph 19 19. Is concerned that safeguards to guarantee the purposeful use of public finance are not always in place;
Amendment 231 #
Motion for a resolution Paragraph 19 19. Is concerned that safeguards to guarantee the purposeful use of public finance are not always in place;
Amendment 232 #
Motion for a resolution Paragraph 19 19. Is concerned that safeguards to guarantee the purposeful use of public finance are not always in place;
Amendment 233 #
Motion for a resolution Paragraph 19 19. Is concerned that safeguards to guarantee the purposeful use of public finance are not always in place; stresses that measurable output indicators must be agreed upon in the preparatory phase of the project; stresses the importance of risk assessment, debt sustainability, transparency and investment protection; highlights the importance of the formal consultative and scrutiny role of national parliaments, and of civil society in ensuring full accountability and transparency;
Amendment 234 #
Motion for a resolution Paragraph 19 a (new) 19a. Recommends that effective access to justice and compensation for victims of corporate abuse should be provided in the developing country where a development project is taking place;
Amendment 235 #
Motion for a resolution Paragraph 20 20. Calls on the Commission and the Member States to ensure that enterprises involved in development partnerships abide by the principles of corporate social responsibility (CSR) throughout the whole lifecycle of projects, including by respecting the UN Global Compact on human rights, UN Guiding Principles on Business and Human Rights, ILO core labour standards, environmental standards, UN Convention Against Corruption; highlights the need for Member States to draw up national plans to implement the UN Guiding Principles on Business and Human Rights and especially the due diligence regulation;
Amendment 236 #
Motion for a resolution Paragraph 20 20. Calls on the Commission and the Member States to ensure that enterprises involved in development partnerships abide by the principles of corporate social responsibility (CSR)
Amendment 237 #
Motion for a resolution Paragraph 20 20. Calls on the Commission and the Member States to ensure that enterprises involved in development partnerships abide by the principles of corporate social responsibility (CSR) throughout the whole lifecycle of projects, including by respecting the UN Global Compact on human rights, UN Guiding Principles on Business and Human Rights, ILO core labour standards, environmental standards, UN Convention Against Corruption; highlights the need for Member States to draw up national plans to implement the UN Guiding Principles on Business and Human Rights and especially the due diligence regulation;
Amendment 238 #
Motion for a resolution Paragraph 20 20.
Amendment 239 #
Motion for a resolution Paragraph 20 20. Calls on the Commission and the Member States to ensure that enterprises involved in development partnerships a
Amendment 24 #
Motion for a resolution Recital B Amendment 240 #
Motion for a resolution Paragraph 20 a (new) 20a. Encourages the EU to support the ongoing process of elaboration of an UN international legally binding instrument on Transnational Corporations and Other Business Enterprises with respect to human rights, as it will clarify the obligations of transnational corporations in the field of human rights, as well as of corporations in relation to States, and provide for the establishment of effective remedies for victims in cases where domestic jurisdiction is clearly unable to prosecute effectively those companies;
Amendment 241 #
Motion for a resolution Paragraph 20 b (new) 20b. Welcomes the Commission's view that decent work needs to be fostered, as a way to address inequality and social exclusion, in particular among the most marginalised, including women, children, the elderly and persons with disabilities; highlights the need for companies to support a fair treatment of workers, secure safe and healthy working conditions and enable a constructive relationship between workers, management and contractors;
Amendment 242 #
Motion for a resolution Paragraph 20 c (new) 20c. Recommends that all European enterprises who operate in developing countries provide a level of transparency in accordance with OECD Guidelines for Multinational Enterprises in terms of respecting human rights, positively contributing to the social and environmental well-being of developing countries, and cooperating in partnership with Civil Society Organisations (CSOs);
Amendment 243 #
Motion for a resolution Paragraph 20 d (new) 20d. Recalls that the European Union is committed to promoting gender equality and ensuring gender mainstreaming in all its actions; urges that the gender dimension be integrated into planning and delivery of PPPs; calls in this context for increased support to be given to local SMEs, especially to female entrepreneurs, so as to enable them to gain from private sector-led growth;
Amendment 244 #
Motion for a resolution Paragraph 21 21.
Amendment 245 #
Motion for a resolution Paragraph 21 21.
Amendment 246 #
Motion for a resolution Paragraph 21 21. Calls on the European institutions and bodies to establish a clear and structured framework for governing partnerships and alliances with the private sector in developing countries and stresses that, in parallel with an increased role for the private sector, it is important to develop appropriate safeguards and institutional capacities, because in the absence of effective supervision and monitoring the danger will arise that we may achieve an impact contrary to the development goals originally adopted;
Amendment 247 #
Motion for a resolution Paragraph 21 21. Calls on the European institutions and bodies to establish a clear
Amendment 248 #
Motion for a resolution Paragraph 21 a (new) 21a. Calls the EU and its Member States to develop a clear and concrete strategy to ensure private sector alignment to development priorities of national governments of developing countries;
Amendment 249 #
Motion for a resolution Paragraph 21 b (new) 21b. Calls for the review of existing trade and investment agreements in order to identify all areas, especially intellectual property rights provisions, that may negatively affect development;
Amendment 25 #
Motion for a resolution Recital B a (new) Amendment 250 #
Motion for a resolution Paragraph 21 c (new) 21c. Calls on the European Union and its Member States to promote concrete measures so transnational companies are taxed by the jurisdiction of the country where they source or produce the income;
Amendment 251 #
Motion for a resolution Paragraph 22 22. Calls for the setting up at EU level of sectorial, multi-stakeholder platforms, bringing together the private sector, CSOs, NGOs, think tanks, partner governments, donors and other stakeholders, in order to overcome the reservations and the lack of trust among partners and to resolve the challenges that inadvertently arise from collaborative development interventions; notes that the Commission's proposal to reinforce existing mechanisms, such as the Policy Forum for Development, is a step in the right direction, conditional upon ensuring that the private sector dialogue is made an overarching priority of such platforms;
Amendment 252 #
Motion for a resolution Paragraph 22 22. Calls for the setting up at EU level of sectorial, multi-stakeholder platforms, bringing together the private sector, CSOs, NGOs, think tanks, partner governments, donors and other stakeholders, in order to
Amendment 253 #
Motion for a resolution Paragraph 22 22. Calls for the setting up at EU level of sectorial, multi-stakeholder platforms, bringing together the private sector, CSOs, NGOs, organisations of cooperatives and social enterprises, think tanks, partner governments, donors and other stakeholders, in order to overcome the reservations and the lack of trust among partners;
Amendment 254 #
Motion for a resolution Paragraph 22 a (new) 22a. Urges the Commission to give the highest primacy to the full compliance with development effectiveness principles like ownership, accountability and transparency, before expanding the scope of blending operations; insists that the Commission clearly demonstrates the financial and development additionality of EU grants for blended projects, as recommended by the Court of Auditors; calls on the Commission to democratise the governance structure of the EU Blending Platform and the regional blending facilities, by properly engaging with all relevant stakeholders at the local level, including partner governments, national parliaments, private sector actors, trade unions and local communities;
Amendment 255 #
Motion for a resolution Paragraph 23 Amendment 256 #
Motion for a resolution Paragraph 23 23. W
Amendment 257 #
Motion for a resolution Paragraph 23 23. W
Amendment 258 #
Motion for a resolution Paragraph 23 23.
Amendment 259 #
Motion for a resolution Paragraph 23 23. Welcomes the Commission’s intention to expand the scope of blending to include areas beyond infrastructure, such as sustainable agriculture, social sectors and local private sector development; insists, however, that all blending operations must be fully consistent with development policy,
Amendment 26 #
Motion for a resolution Recital B b (new) Bb. whereas industrialisation (especially through the development of local Small and Medium Enterprises (SMEs) and Small and Medium Industries (SMIs)) is a driver for well-being and development: 1% of increase in Manufacturing Value Added (MVA) per capita decreases the poverty head count by almost 2%;1 __________________ 1 http://www.unido.org/fileadmin/user_med ia/Services/PSD/WP4_2014_Industrializat ion_and_social_well-being.pdf
Amendment 260 #
Motion for a resolution Paragraph 23 a (new) 23a. Calls on the EIB and other EU Member States´ Development Financial Institutions to urgently ensure that, in case companies receive their support, they do not participate in tax evasion by using offshore centres and tax havens;
Amendment 261 #
Motion for a resolution Paragraph 23 b (new) 23b. Urges the Commission to be more transparent and accountable when using the blending mechanism by providing more information to the public; urges the Commission to strengthen the criteria for setting up aid grants and their amounts, and to specify in detail the added value of blending in each of its projects;
Amendment 262 #
Motion for a resolution Paragraph 24 Amendment 263 #
Motion for a resolution Paragraph 24 24.
Amendment 264 #
Motion for a resolution Paragraph 24 24.
Amendment 265 #
Motion for a resolution Paragraph 24 24. Calls for a
Amendment 266 #
Motion for a resolution Paragraph 24 24. Calls for an expansion of the current EIB and EBRD external lending mandate, to increase its role in achieving sustainable development and, in particular, to take a
Amendment 267 #
Motion for a resolution Paragraph 24 a (new) 24a. Calls on the Commission to ensure that partnerships and loans to the private sector in low-income countries and fragile states are associated with direct grants to CSOs and be aligned with the country's development priorities, to ensure citizens engagement, and involve multi- stakeholder processes among CSOs, local governments and trade unions;
Amendment 268 #
Motion for a resolution Paragraph 25 Amendment 269 #
Motion for a resolution Paragraph 26 Amendment 27 #
Motion for a resolution Recital B c (new) Bc. whereas the 1986 UN Declaration on the Right to Development affirms development as a fundamental human right; whereas the Declaration commits to a "human rights based" approach, characterized by the realisation of all human rights (economic, social, cultural, civil and political); and whereas the Declaration commits equally to strengthen international cooperation;
Amendment 270 #
Motion for a resolution Paragraph 26 26.
Amendment 271 #
Motion for a resolution Paragraph 26 26.
Amendment 272 #
Motion for a resolution Paragraph 26 26. Calls for a stronger commitment on the part of the Commission, when it comes to leveraging its political weight and pursuing avenues of dialogue with partner governments and local authorities, to facilitate a greater and more positive interaction with the private sector; highlights the fact that Country Strategy Papers, National Indicative Programmes and budget support may be the most valuable instruments in spearheading business environment reforms in partner countries;
Amendment 273 #
Motion for a resolution Paragraph 26 a (new) 26a. Recommends that the EU endorses UNCTAD's Action Plan for Investing in the SDGs; draws attention to the fact that the designing, structuring and implementing of PPPs remains a challenging and complex endeavour and their success is also dependent upon the enabling environment they operate in;
Amendment 274 #
Motion for a resolution Paragraph 26 b (new) 26b. Recognises that Africa and Latin America in particular and Central Asia require substantial infrastructure investments; while acknowledging and welcoming the Chinese-led Asian Infrastructure Investment Bank with 4 EU Member States as shareholders will contribute to a substantial growth in Asian infrastructure investments, this will still leave Africa and Latin America to fend for themselves and therefore now calls on the EU to lead the way in setting up an African Infrastructure Investment Bank where their substantial shareholders will be the European Investment Bank and the European Commission together with European private banks;
Amendment 275 #
Motion for a resolution Paragraph 27 27. Emphasises that the responsibility for effective joint action lies not only with the donors and the enterprises involved, but also with the partner governments; stresses that the rule of law, a framework for business reform, anti-corruption measures, public financial management and effective public institutions are paramount to investment, innovation and private sector development; highlight that channelling development aid to these purposes promotes also the possibilities of private sector to function in developing countries;
Amendment 276 #
Motion for a resolution Paragraph 27 27. Emphasises that the responsibility for effective joint action lies not only with the donors and the enterprises involved, but also with the partner governments; stresses that the rule of law, a framework for business reform, anti-corruption measures, public financial management and effective public institutions are paramount to investment, innovation and private sector development; highlight that channelling development aid to these purposes promotes also the possibilities of private sector to function in developing countries;
Amendment 277 #
Motion for a resolution Paragraph 27 27. Emphasises that the responsibility for effective joint action lies not only with the donors and the enterprises involved, but also with the partner governments; stresses that the rule of law, a framework for business reform, anti-corruption measures, public financial management and effective public institutions are paramount to investment, innovation and private sector development; highlight that channelling development aid to these purposes promotes also the possibilities of private sector to function in developing countries;
Amendment 278 #
Motion for a resolution Paragraph 27 27. Emphasises that the responsibility for effective joint action lies not only with the donors and the enterprises involved, but also with the partner governments; stresses that good governance, the rule of law, a framework for business reform, anti- corruption measures, public financial management and effective public institutions are paramount to investment, innovation and private sector development;
Amendment 279 #
Motion for a resolution Paragraph 27 a (new) 27a. Highlights the unique role of Official Development Aid in eradicating all forms of human poverty and of meeting basic social needs, particularly in least developing countries without neglecting the poorest in all developing countries;
Amendment 28 #
Motion for a resolution Recital B c (new) Bc. whereas the 1986 UN Declaration on the Right to Development affirms development as a fundamental human right; whereas the Declaration commits to a "human rights based" approach, characterized by the realisation of all human rights (economic, social, cultural, civil and political); and whereas the Declaration commits equally to strengthen international cooperation;
Amendment 29 #
Motion for a resolution Recital B c (new) Bc. whereas the 1986 UN Declaration on the Right to Development affirms development as a fundamental human right; whereas the Declaration commits to a "human rights based" approach, characterized by the realisation of all human rights (economic, social, cultural, civil and political); and whereas the Declaration commits equally to strengthen international cooperation;
Amendment 3 #
Motion for a resolution Citation 8 a (new) - having regard to its report of 19 May 2015 on Financing for Development and especially its call for the alignment of the private sector with the SDGs,
Amendment 30 #
Motion for a resolution Recital B d (new) Bd. whereas Foreign Direct Investment (FDI) has the potential to contribute to the achievement of Sustainable Development Goals (SDG), as reflected in UNCTAD's proposal for Investing in SDGs: an Action Plan for promoting private sector contributions1, provided that FDI is properly regulated and linked to concrete improvements in the domestic economy, i.a. in terms of transfer of technology and the creation of training opportunities for the local labour force, including women and young people; 1http://unctad.org/en/PublicationChapters /wir2014ch4_en.pdf
Amendment 31 #
Motion for a resolution Recital B d (new) Bd. whereas Foreign Direct Investment (FDI) has the potential to contribute to the achievement of Sustainable Development Goals (SDG), as reflected in UNCTAD's proposal for Investing in SDGs: an Action Plan for promoting private sector contributions1, provided that FDI is properly regulated and linked to concrete improvements in the domestic economy, i.e. in terms of transfer of technology and the creation of training opportunities for the local labour force, including women and young people; 1http://unctad.org/en/PublicationChapters /wir2014ch4_en.pdf
Amendment 32 #
Motion for a resolution Recital B e (new) Be. whereas import tariffs play a vital role in providing government revenues and enabling nascent industries to grow within developing countries' own domestic market; and whereas import tariffs on processed agricultural products can create space for value addition and job creation within rural economies, while also promoting food security;
Amendment 33 #
Motion for a resolution Recital B e (new) Be. whereas import tariffs play a vital role in providing government revenues and enabling nascent industries to grow within developing countries' own domestic market; and whereas import tariffs on processed agricultural products can create space for value addition and job creation within rural economies, while also promoting food security;
Amendment 34 #
Motion for a resolution Recital B e (new) Be. whereas import tariffs play a vital role in providing government revenues and enabling nascent industries to grow within developing countries' own domestic market; and whereas import tariffs on processed agricultural products can create space for value addition and job creation within rural economies, while also promoting food security;
Amendment 35 #
Motion for a resolution Recital B f (new) Bf. whereas 60% of the developing world's jobs are in the informal sector in micro, small and medium sized enterprises (MSMEs) and whereas 70% of MSMEs receive no financing from financial institutions, even though they need it to grow and create jobs;
Amendment 36 #
Motion for a resolution Recital B g (new) Bg. whereas the cooperative sector worldwide has about 800 million members in over 100 countries and is estimated to account for more than 100 million jobs around the world;
Amendment 37 #
Motion for a resolution Recital B g (new) Bg. whereas the cooperative sector worldwide has about 800 million members in over 100 countries and is estimated to account for more than 100 million jobs around the world;
Amendment 38 #
Motion for a resolution Recital B g (new) Bg. whereas the cooperative sector worldwide has about 800 million members in over 100 countries and is estimated to account for more than 100 million jobs around the world;
Amendment 39 #
Motion for a resolution Recital B h (new) Bh. whereas 2012 was declared by the United Nations the International Year of Cooperatives, to highlight their role on development, empowering people, enhancing human dignity and helping achieve the Millennium Development Goals (MDGs);
Amendment 4 #
Motion for a resolution Citation 11 a (new) - having regard to the special report No 16/2014 from the European Court of Auditors on "The effectiveness of blending regional investment facility grants with financial institution loans to support external policies),
Amendment 40 #
Motion for a resolution Recital B h (new) Bh. whereas 2012 was declared by the United Nations the International Year of Cooperatives, to highlight their role on development, empowering people, enhancing human dignity and helping achieve the Millennium Development Goals (MDGs);
Amendment 41 #
Motion for a resolution Recital B h (new) Bh. whereas 2012 was declared by the United Nations the International Year of Cooperatives, to highlight their role on development, empowering people, enhancing human dignity and helping achieve the Millennium Development Goals (MDGs);
Amendment 42 #
Motion for a resolution Recital C a (new) Amendment 43 #
Motion for a resolution Recital C b (new) Cb. whereas the private sector contributes through tax payment to government revenues and domestic resource mobilisation for development in developing countries, which can contribute to less aid dependency;
Amendment 44 #
Motion for a resolution Recital C c (new) Cc. whereas fiscal space of developed and developing countries is de facto constrained by requirements of global investors and financial markets; whereas according to the IMF, developing countries are particularly affected by corporate tax avoidance, as they rely more on corporate income tax for raising revenues than OECD countries; whereas practices which facilitate tax dodging by transnational corporations and individuals are widely used by the EU Member States ;
Amendment 45 #
Motion for a resolution Recital C c (new) Cc. whereas fiscal space of developed and developing countries is de facto constrained by requirements of global investors and financial markets; whereas according to the IMF, developing countries are particularly affected by corporate tax avoidance, as they rely more on corporate income tax for raising revenues than OECD countries; whereas practices which facilitate tax dodging by transnational corporations and individuals are widely used by the EU Member States;
Amendment 46 #
Motion for a resolution Recital C c (new) Cc. whereas fiscal space of developed and developing countries is de facto constrained by requirements of global investors and financial markets; whereas according to the IMF, developing countries are particularly affected by corporate tax avoidance, as they rely more on corporate income tax for raising revenues than OECD countries; whereas practices which facilitate tax dodging by transnational corporations and individuals are widely used by the EU Member States;
Amendment 47 #
Motion for a resolution Recital C d (new) Cd. whereas the willingness of the private sector to contribute to sustainable development is hindered by a lack of clear models for enterprises to engage in partnerships with the public sector;
Amendment 48 #
Motion for a resolution Recital C e (new) Ce. whereas the private sector is a potential provider of goods and services to poor communities and people, reducing costs, increasing choices and tailoring products and services to their specific needs;
Amendment 49 #
Motion for a resolution Recital C f (new) Cf. whereas social dialogue and trade union rights constitute an essential pillar of the ILO Decent Work Agenda and an important tool to ensure that private sector engage effectively in the fulfilment of SDGs; but whereas in a largely globalised economy, labour's bargaining power has been reduced through liberalisation, which jeopardises in return fulfilment of the rights listed in the Universal Declaration of Human Rights of 1948 and the ILO Decent Work Agenda;
Amendment 5 #
Motion for a resolution Citation 16 a (new) - having regard to the Investment Policy Framework for Sustainable Development (IPFSD) of the UNCTAD1, _____ 1http://unctad.org/en/PublicationsLibrary/ diaepcb2012d5_en.pdf
Amendment 50 #
Motion for a resolution Recital C f (new) Cf. whereas social dialogue and trade union rights constitute an essential pillar of the ILO Decent Work Agenda and an important tool to ensure that private sector engage effectively in the fulfilment of SDGs; but whereas in a largely globalised economy, labour's bargaining power has been reduced through liberalisation, which jeopardises in return fulfilment of the rights listed in the Universal Declaration of Human Rights of 1948 and the ILO Decent Work Agenda;
Amendment 51 #
Motion for a resolution Recital C g (new) Cg. whereas the High-Level Panel advising UN Secretary-General Ban Ki- Moon on the post -2015 development agenda, which consulted the chief executive officers of 250 companies (with annual revenues of $8 trillion) from 30 countries, concluded that sustainability needs to be built into their corporate strategies to take advantage of the commercial opportunities for sustainable growth;
Amendment 52 #
Motion for a resolution Recital C h (new) Ch. whereas the private sector can contribute to the spreading of environmental and social safeguards and standards, which have been agreed upon internationally to ensure a positive contribution of profit companies to development;
Amendment 53 #
Motion for a resolution Recital D D. whereas, in the absence of a widely accepted definition, public-private partnerships (PPPs) can be defined as multi-stakeholder arrangements between private actors, public bodies and civil society organisations (CSOs)
Amendment 54 #
Motion for a resolution Recital D a (new) Da. whereas social dialogue and trade union rights constitute an essential pillar of the ILO Decent Work Agenda and an important tool to ensure that private sector engage effectively in the fulfilment of SDGs; but whereas in a largely globalised economy, labour's bargaining power has been reduced through liberalisation, which jeopardises in return fulfilment of the rights listed in the Universal Declaration of Human Rights of 1948 and the ILO Decent Work Agenda;
Amendment 55 #
Motion for a resolution Recital E Amendment 56 #
Motion for a resolution Recital E E. whereas PPPs have for decades been a common practice in developed countries, particularly in European countries and the US, and are
Amendment 57 #
Motion for a resolution Recital F Amendment 58 #
Motion for a resolution Recital F F. whereas existing research shows that a large majority of PPPs is an expensive financing model and is not based on robust impact analysis, while there are weak evidence on their development outcomes; whereas PPPs raise challenges in terms of state indebtedness, transparency and accountability; but whereas well-designed and efficiently implemented PPPs have the capacity to mobilise long-term private and public finance, generate innovation in technologies and business models, and incorporate built-in mechanisms to ensure that such partnerships are held accountable to development results;
Amendment 59 #
Motion for a resolution Recital F F. whereas existing research shows that a large majority of PPPs is an expensive financing model and is not based on robust impact analysis, while there are weak evidence on their development outcomes; whereas PPP raise challenges in terms of state indebtedness, transparency and accountability; but whereas well-designed and efficiently implemented PPPs have the capacity to mobilise long-term private and public finance, generate innovation in technologies and business models, and incorporate built-in mechanisms to ensure that such partnerships are held accountable to development results;
Amendment 6 #
Motion for a resolution Citation 16 a (new) - having regard to the Investment Policy Framework for Sustainable Development (IPFSD) of the UNCTAD1, _____ 1http://unctad.org/en/PublicationsLibrary/ diaepcb2012d5_en.pdf,
Amendment 60 #
Motion for a resolution Recital F F. whereas existing research shows that a large majority of PPPs is an expensive financing model and is not based on robust impact analysis, while there are weak evidence on their development outcomes; whereas PPP raise challenges in terms of state indebtedness, transparency and accountability; but whereas well-designed and efficiently implemented PPPs have the capacity to mobilise long-term private and public finance, generate innovation in technologies and business models, and incorporate built-in mechanisms to ensure that such partnerships are held accountable to development results;
Amendment 61 #
Motion for a resolution Recital F a (new) Fa. whereas privatisation of basic utilities in Sub-Saharan Africa in the 1990s has i.a. hampered the achievement of MDGs on both water and sanitation, as the focus of investors on cost recovery has among others intensified inequalities in the provision of such services, at the expense of low-income households; whereas in light of the failure of water privatisation, the transfer of water services from private companies to local authorities is a growing trend in the water sector all around the world;
Amendment 62 #
Motion for a resolution Recital F a (new) Fa. whereas privatisation of basic utilities in Sub-Saharan Africa in the 1990s has i.a. hampered the achievement of MDGs on both water and sanitation, as the focus of investors on cost recovery has among others intensified inequalities in the provision of such services, at the expense of low-income households; whereas in light of the failure of water privatisation, the transfer of water services from private companies to local authorities is a growing trend in the water sector all around the world;
Amendment 63 #
Motion for a resolution Recital F a (new) Fa. whereas privatisation of basic utilities in Sub-Saharan Africa in the 1990s has i.a. hampered the achievement of MDGs on both water and sanitation, as the focus of investors on cost recovery has among others intensified inequalities in the provision of such services, at the expense of low-income households; whereas in light of the failure of water privatisation, the transfer of water services from private companies to local authorities is a growing trend in the water sector all around the world;
Amendment 64 #
Motion for a resolution Recital F b (new) Fb. whereas PPPs in developing countries are so far mostly concentrated in energy, infrastructure and telecommunications, while the potential in sectors such as agriculture, education, green technologies, research and innovation, healthcare and property rights remains largely untapped;
Amendment 65 #
Motion for a resolution Recital G G. whereas nearly two thirds of European Investment Bank (EIB) lending to A
Amendment 66 #
Motion for a resolution Recital G G. whereas nearly two thirds of European Investment Bank (EIB) lending to A
Amendment 67 #
Motion for a resolution Recital G G. whereas nearly two thirds of European Investment Bank (EIB) lending to A
Amendment 68 #
Motion for a resolution Recital G a (new) Ga. whereas the European Development Finance Institutions (EDFI), a group of 15 bilateral institutions which provide long-term finance for private sector in developing and reforming economies, seeks to invest in companies with a spectrum of different development effects ranging from reliable electricity and clean water to providing SMEs finance and access to markets for small farms;
Amendment 69 #
Motion for a resolution Recital G b (new) Gb. whereas growing worldwide poverty and inequality is listed as one of the biggest problems for global stability;
Amendment 7 #
Motion for a resolution Citation 16 a (new) - having regard to the Investment Policy Framework for Sustainable Development (IPFSD) of the UNCTAD1, _____ 1http://unctad.org/en/PublicationsLibrary/ diaepcb2012d5_en.pdf,
Amendment 70 #
Motion for a resolution Recital H H. whereas 2.5 billion people, most of them in developing countries and a majority of them women and youth, remain excluded from the formal financial sector; whereas there is a persistent gender gap of 6-9 percentage points across income groups within developing countries; whereas a large proportion of those outside the banking sector turn to unsafe and expensive informal-savings mechanisms, such as rotating-savings clubs or credit associations;
Amendment 71 #
Motion for a resolution Recital H a (new) Ha. whereas social dialogue is an important tool to support gender equality in the workplace and to guard against exploitative production patterns that adversely affect the lives of young women workers;
Amendment 72 #
Motion for a resolution Recital H a (new) Ha. whereas social dialogue is an important tool to support gender equality in the workplace and to guard against exploitative production patterns that adversely affect the lives of young women workers;
Amendment 73 #
Motion for a resolution Recital H a (new) Ha. whereas social dialogue is an important tool to support gender equality in the workplace and to guard against exploitative production patterns that adversely affect the lives of young women workers;
Amendment 74 #
Motion for a resolution Recital H b (new) Hb. whereas typically, women are under- represented in business communities in developing countries and this is often a result of legal differences in how men and women are treated that hamper women’s opportunities for starting businesses, owning property and land, or accessing credit;
Amendment 75 #
Motion for a resolution Recital H c (new) Hc. whereas 45 million job seekers join the developing world's labour force every year,1 however 34% of firms in 41 countries admit to the fact that they cannot find the workers they need; __________________ 1 Building an employment-Oriented Framework for Strong, Sustainable and Balanced Growth - in "Challenges of Growth, Employment and Social Cohesion", Background Paper for High- Level ILO-IMF Conference, ILO, 2010
Amendment 76 #
Motion for a resolution Recital I I. whereas, in the context of the Agenda for Change, blending is recognised as an important instrument for leveraging additional resources by combining EU grants with loans or equity from public and private financiers; but whereas the European Court of Auditors Special Report 16 (2014) on the use of blending concluded that for nearly half of the projects examined, there was insufficient evidence to conclude that the grants were justified, while for a number of these cases, there were indications that the investments would have been made without the EU contribution;
Amendment 77 #
Motion for a resolution Recital I I. whereas, in the context of the Agenda for Change, blending is recognised as an
Amendment 78 #
Motion for a resolution Recital I I. whereas, in the context of the Agenda for Change, blending is recognised as an important instrument for leveraging additional resources by combining EU grants with loans or equity from public and private financiers; but whereas the European Court of Auditors Special Report No 16/2014 on the use of blending concluded that for nearly half of the projects examined, there was insufficient evidence to conclude that the grants were justified, while for a number of these cases, there were indications that the investments would have been made without the EU contribution;
Amendment 79 #
Motion for a resolution Recital I I. whereas, in the
Amendment 8 #
Motion for a resolution Citation 18 b (new) - having regard to the UNIDO's Lima Declaration: Towards Inclusive and Sustainable Industrial Development (ISID)1, __________________ 1 http://www.unido.org/fileadmin/Lima_De claration.pdf
Amendment 80 #
Motion for a resolution Recital I a (new) Ia. whereas manufacturing with around 470 million jobs worldwide in 2009 and around half a billion jobs worldwide in 20131 , provides high potential for employment and wealth generation as well as for decent and highly qualified work; __________________ 1 https://www.unido.org/fileadmin/user_me dia/Research_and_Statistics/UNIDO_IDR _2013_main_report.pdf
Amendment 81 #
Motion for a resolution Recital I b (new) Ib. whereas European Development Finance Institutions have an important role in providing long-term finance for private sector in developing and reforming economies;
Amendment 82 #
Motion for a resolution Recital I b (new) Ib. whereas European Development Finance Institutions have an important role in providing long-term finance for private sector in developing and reforming economies;
Amendment 83 #
Motion for a resolution Recital I c (new) Ic. whereas global wealth is increasingly being concentrated in the hands of a small wealthy elite and it is expected that the richest 1% percent will own more than half of the global wealth by 2016;
Amendment 84 #
Motion for a resolution Recital I d (new) Id. whereas according to the Human Poverty Index of the United Nations Development Programme 1.2 billion people make less than 1.25 dollar per day, whereas inequality is rising and is one of the mayor threats to global stability;
Amendment 85 #
Motion for a resolution Recital I e (new) Ie. whereas fair and progressive taxation with welfare and social justice criteria plays a key role in reducing inequalities by shaping the redistribution of wealth from higher income citizens to those most in need in a country;
Amendment 86 #
Motion for a resolution Paragraph 1 Amendment 87 #
Motion for a resolution Paragraph 1 1.
Amendment 88 #
Motion for a resolution Paragraph 1 1.
Amendment 89 #
Motion for a resolution Paragraph 1 1. Welcomes the Commission's initiative to endorse the private sector in becoming, alongside other governmental and non- governmental development organisations, a
Amendment 9 #
Motion for a resolution Citation 18 b (new) - having regard to UNIDO's Lima Declaration: Towards Inclusive and Sustainable Industrial Development (ISID),
Amendment 90 #
Motion for a resolution Paragraph 1 1. Welcomes the Commission's initiative to endorse the private sector in becoming, alongside other governmental and non- governmental development organisations, a true partner in achieving inclusive and sustainable development, alleviating poverty, creating wealth, reducing inequalities and promoting human rights, societal development and environmental standards;
Amendment 91 #
Motion for a resolution Paragraph 1 1. Welcomes the Commission’s initiative to endorse the private sector in becoming, alongside other governmental and non- governmental development organisations and inclusive business models such as cooperatives and social enterprises, a true partner in achieving inclusive and sustainable development;
Amendment 92 #
Motion for a resolution Paragraph 1 a (new) 1a. Calls the Commission to recognise the diversity of the private sector and the challenges that are faced in alleviating the poverty of the most marginalized and the hardest to reach;
Amendment 93 #
Motion for a resolution Paragraph 1 b (new) 1b. Points out that private sector is a very broad term encompassing different kind of actors, ranging from local farmers and traders to huge multinational firms; deems that any policy of the EU seeking to involve the private sector in development needs to specify which private sector is being targeted;
Amendment 94 #
Motion for a resolution Paragraph 1 b (new) 1b. Points out that private sector is a very broad term encompassing different kind of actors, ranging from local farmers and traders to huge multinational firms; deems that any policy of the EU seeking to involve the private sector in development needs to specify which private sector is being targeted;
Amendment 95 #
Motion for a resolution Paragraph 1 c (new) 1c. Stresses that EU trade, investment and development policies are interlinked and have a direct impact in the developing countries; reminds that Article 208 of the Lisbon Treaty establishes the principle of policy coherence for development, requiring that the objectives of development cooperation be taken into account in policies that are likely to affect developing countries;
Amendment 96 #
Motion for a resolution Paragraph 1c (new) 1c. Stresses that Article 208 of the Lisbon Treaty establishes the principle of policy coherence for development, requiring that the objectives of development cooperation are taken into account in policies that are likely to affect developing countries;
Amendment 97 #
Motion for a resolution Paragraph 1 d (new) 1d. Notes that development cooperation is the primary responsibility of the State; notes that reducing poverty or inequality is not the primary objective of the private sector and therefore private sector involvement in development objectives must be carefully designed with special emphasis on Corporate Social Responsibility (CSR);
Amendment 98 #
Motion for a resolution Paragraph 1 e (new) 1e. Recalls that the official development aid (ODA) - while pushing for shared responsibility between public and private sector - must remain the key source of financing for developing countries;
Amendment 99 #
Motion for a resolution Paragraph 1 f (new) 1f. Reminds that Private finance cannot replace public finance as the private sector cannot substitute the role of governments in their obligation to safeguard human rights and to in providing public services like health, education, housing, sanitation and access to water;
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