9 Amendments of Kriton ARSENIS related to 2010/2105(INI)
Amendment 3 #
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 made; underlines that it is not acceptable that innovative financing mechanisms (IFMs) might be seen as an encouragement for certain countries to renounce Official Development Assistance (ODA); calls the EU and the 27 Member States to commit that any new funding is additional to ODA commitments;
Amendment 4 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Stresses that public supervision and transparency of innovative systems of finance is a sine qua non condition for their introduction, incorporating the lessons of the recent financial and food crisis;
Amendment 7 #
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 inshould not be restricted to increasing taxation, but also to explore other paths such as augmenting domestic capital formation, best achieved through the implementarecognition and protection of property rights and land mapping;
Amendment 10 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Notes that a financial transaction tax of 0.05% could raise billion of Euros which could be used towards the fulfilment of MDGs, mitigation and adaptation to climate change; an initial unilateral move within the EU could act as a global catalyst;
Amendment 13 #
Draft opinion
Paragraph 3
Paragraph 3
3. Notes that the fundamental objective of IFMs is the allocation of additional financial resources to meet the major global challenges in the areas of climate change and development policy; states that a share of revenues generated by carbon emission auctions could help developing countries in coping with climate change and further fulfilling MDGs;
Amendment 24 #
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 administrationsfurther improving governance in recipient countries;
Amendment 27 #
Draft opinion
Paragraph 5
Paragraph 5
5. Considers that an estimated EUR 800 billion i.e. 10 times ODA, is lost annually from developing countries through illicit meansunlawful capital flows and tax evasion, prevention of which could prove decisive in achieving MDGs;
Amendment 33 #
Draft opinion
Paragraph 6
Paragraph 6
6. Urges that, in order to achieve transparency in ODA, accountability be promoted through the strengthening of national control mechanisms and parliamentary scrutiny of aid; calls the EU and the G20 to pursue their agenda to crack down on tax havens and tax secrecy, promoting country-by-country reporting;
Amendment 35 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Notes that the economic and financial crisis will throw many developing countries in a new debt crisis, and calls the European Commission and the Member States to renew their efforts towards alleviating the debt burden on developing countries; calls for an interest- free moratorium until 2015 on debt payments for the Least Developed Countries (LDCs);