Activities of Enrique GUERRERO SALOM related to 2010/2105(INI)
Plenary speeches (1)
Innovative financing at a global and European level (debate)
Shadow opinions (1)
OPINION Draft opinion on innovative financing at a global level
Amendments (5)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Recalls that at the last High- Level Summit on the Millennium Development Goals (MDGs), governments reaffirmed their commitment to achieving the development goals by 2015, but that the reality is that a much more concerted effort has to be maddone; underlines that it is not acceptable that innovative financing mechanisms (IFMs) might be seen as an encouragement for certain countries to renounce to Official Development Assistance (ODA); stresses that ODA commitments and Innovative Financing Mechanisms must be seen as essential and complementary in the fight against poverty;
Amendment 6 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses the urgent need to improve EU coordination on wealth- creation measures in local markets and that the principal method of promoting innovative financing is not to be found in increasing taxation, but in augmenting domestic capital formation, best achieved through the implementation and protection of property rights and land mappingfor development has to go hand by hand with enhancing domestic revenue by improving the business and investment environment of developing countries;
Amendment 23 #
Draft opinion
Paragraph 4
Paragraph 4
4. Takes the view that ODA will fail to eradicate poverty, if G20, the EU and financial institutions do not take a determined stance in opposing corrupt administrations in recipient countries a very important step for development to enhance tax administrations and promoting good governance in tax matters;
Amendment 29 #
Draft opinion
Paragraph 5
Paragraph 5
5. Considers that an estimated EUR 800 billion is lost annually from developing countries through illicit means, prevtention of which could prove decisive in achieving MDGs; urges the EU and its Member States to work in all international fora to combat tax havens and illicit capital flows;
Amendment 34 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Calls the Council and the Commission to promote and work towards the implementation of the following innovative financing instruments for development: a financial transaction tax, transport levies, the fight against illicit capital flows, the reduction or alleviation of the remittances costs, and the debt moratorium or cancellation.