RIPESS Speech on Social Solidarity Economy and the Financing of Sustainable Development

Social Solidarity Economy and Sustainable Development Financing
Contributions to the ICESDF 12 May Dialogue Session

As the world becomes more and more interconnected, with capital flows over the states borders, it’s impossible to still consider the financial tools and architecture as being solely market-driven and oriented by private goals, interests and speculations¹. We’ve seen consequences of this perspective such as fragilizing the poor, augmenting inequalities, and destroying the life conditions for future generations. That’s why financial tools and architecture should be considered and treated as essential public common goods, and therefore should be oriented by agreements where all sectors of society in the different countries, including the global marginalized and poor, have the power to define its form and means of implementation. Short put: There should be an enhancement of public driven financial tools and architecture, with transparent and participative governance. […]

Read the full speech here.