2014 Lima – Hidden Money, Hidden Resources: Financing Development with Transparency

Melia Lima Hotel, Av. Salaverry, 2599, San Isidro, Lima, Peru

14 October 2014 - 15 October 2015


The Financial Transparency Coalition and LATINDADD successfully hosted the 2014 conference, which brought together government officials, civil society organizations, journalists, and other experts to discuss a wide-range of issues related to illicit financial flows. Through strategy and training sessions, presentations, and meetings, the FTC conference presented a unique opportunity to facilitate learning, strategizing and policy analysis in a venue that brings multiple stakeholders together.

Illicit financial outflows from developing countries – which total almost $1 trillion per year – erode a country’s tax base and undermine the accountability that is essential for good governance and global stability. The proceeds of corruption, tax evasion and other crimes represent a drain on developing economies that stifles development and infrastructure enhancement. Greater transparency in the global financial system would enable governments to increase their revenue streams, allowing for more sustainably and domestically funded development.

Conference speakers and participants discussed the mechanisms of illicit financial flows, while exploring what action can be taken to curb these flows to help finance development. Presentations and discussions throughout the two-day event examined the links between illicit financial flows and the development agenda, extractive industries, criminal activity, climate finance, and more. Participants also discussed current proposals for greater financial transparency. The event was a unique opportunity for side meetings, networking and strategy discussions with participants from around the world.


Download the agenda: (English) (Español)
Download speaker presentations: (Part 1) (Part 2) (Part 3) (Part 4)

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