Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-01-Speech-4-098"

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"en.20070201.21.4-098"2
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". The report omits to mention the underlying causes of the increasingly deep social inequality and disparity in development, of the unchecked exploitation of natural resources and of the massive destruction of the environment around the world, and fails to mention the real culprit, which is capitalism. Despite this, it does contain a wide range of proposals and points that we welcome, such as the call for the target of 0.7% GNI to be met in order to achieve effective development cooperation characterised by solidarity. However, we cannot accept the following points, for example: because ‘local authorities in developing countries are not always in a position to provide the volumes of financing required to make major investments in the construction and maintenance of infrastructure networks, for example to supply water or provide sanitation’, the report concludes that the solution is ‘only supplementary injections of private capital, through public-private partnerships, will be able to provide the requisite volume of funding’, thus handing this fundamental resource for life on a plate to private capital; and making the reduction – rather than the cancellation – of the debts of the least-developed countries contingent on what is termed ‘good governance’, the criteria for which are dictated by the whims of the major powers. Hence our vote."@en1

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