Financial Transparency Coalition

Africa concentrates 48.9% of identified industrial and semi-industrial vessels involved in illegal, unreported, and unregulated (IUU) fishing, 40% in West Africa alone which has become a global epicentre for these activities, according to a new report from the Financial Transparency Coalition and partners – a group of 11 NGOs from across the world. The report

The vast majority of Covid-19 recovery funds have gone to big corporations instead of toward welfare, small firms, or those working in the informal economy, according to the first major analysis of public bailout funds disbursed in developing countries during the pandemic.

Tax incentives have been widely used on the justification that they attract investments. Yet there is mounting evidence that they are largely ineffective. So why are they still so popular among politicians and policymakers?    

New report Trapped in Illicit Finance: How abusive tax and trade practices harm human rights – by FTC members Christian Aid, Centre for Budget and Governance Accountability and Fundación SES – demands that the ‘legalistic’ definition of illicit financial flows goes beyond only illegal flows of money. The report estimates that developing nations lose $416