Finance Forces States to Focus on Short-Term Objectives

The Sustainable Development Goals will not be achieved without a better control over finance. Finance allows multinational corporations to pit countries against each other: in order to practice environmental, social and fiscal dumping. Until we tackle this issue of finance, we shall fail to prevent states from privileging the short-term interests of attracting capital, over the long-term interests of working towards sustainable development.

Prof. Olivier De Schutter (at the #ChangeFinance Forum)

– Co-Chair, International Panel of Experts on Sustainable Food Systems (IPES-Food)

– Member of the UN Committee on Economic, Social and Cultural Rights

– Centre for Philosophy of Law (CPDR)

– Institute for Interdisciplinary Research in Legal Sciences (JUR-I), University of Louvain (UCL)

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