Financial sector
The practices of banks, private equity funds, insurers and other financial actors may seem complex and elusive. Yet they profoundly affect people’s lives and the global economy. And not just during periods of crisis. Inequality, poverty eradication, jobs, housing and even climate change are all related to how the financial sector functions and is regulated. The lack of proper oversight, prudent regulation, and transparency in the sector continues to put the economy, people and societies at unnecessary risk. SOMO examines how the financial sector functions and analyses the social and environmental effects of financial sector practices, rules and legislation, and the way in which decisions about the sector are made. We advocate for a new financial system that is not only financially stable, but also enables societies and economies to develop in an equitable, inclusive, and environmentally sustainable way.
Overview of articles
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The trillion-dollar threat of climate change profiteersPosted in category:Long readMyriam Vander StichelePublished on:
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Shell’s AGM: back to fossil fuel business as usualPosted in category:OpinionMyriam Vander SticheleMyriam Vander Stichele
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Groups react with dismay to FMO’s position statement on Financial Intermediaries, pointing to outstanding human rights and climate concernsPosted in category:Published on:Statement
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In solidarity with daughter of murdered Indigenous leaderPosted in category:Published on:Statement
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FMO fails to meet best practices on financial intermediary lendingPosted in category:Published on:Statement
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How Dutch pension funds are disposing of their Russian investmentsPosted in category:NewsPublished on:
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Financially strong investor ready to take the Dutch housing market by stormPosted in category:NewsRodrigo FernandezPublished on:
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Blackstone as new landlord Published on:Rodrigo FernandezPosted in category:PublicationRodrigo Fernandez
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Why global financial decisions matter for women Published on:Myriam Vander StichelePosted in category:PublicationMyriam Vander Stichele
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How G20 finance decisions lead to global inequality Published on:Myriam Vander StichelePosted in category:PublicationMyriam Vander Stichele
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Good policy paper Published on:Marian IngramsPosted in category:PublicationMarian Ingrams
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Powerful financial industry lobby group frustrates structural debt relief for poorest countriesPosted in category:NewsMyriam Vander StichelePublished on:
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The IIF & debt relief Published on:Myriam Vander StichelePosted in category:PublicationMyriam Vander Stichele
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Will the G20 let private finance escape debt relief once again?Posted in category:Long readMyriam Vander StichelePublished on:
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Letter to FMO on concerns over investments in Honduran bankPosted in category:Published on:Statement
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Why the IIF is unlikely to help poor countries with debt reliefPosted in category:OpinionMyriam Vander SticheleMyriam Vander Stichele