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Oblates Join Multi-Stakeholder Group Opposing Industry Challenge to Conflict Minerals Rule November 19th, 2012

The Missionary Oblates JPIC office joined a multi-stakeholder group (MSG) in a statement regarding the recent challenge to Section 1502 of the Dodd-Frank bill that focuses on conflict minerals.

The organizations in the MSG consist of faith based investors, asset management groups, large corporations, and NGOs. The objective is to reiterate the commitment to eliminating the link between violence and human rights abuses in the Democratic Republic of the Congo, in the face of the petition recently filed by three trade associations in Washington, DC.

The MSG agrees that an important part of the solution to ending violence in the region is a responsible mineral sourcing process, and pledges to continue to work toward this goal.

Multi-stakeholder statement here.

 


Tell Congress: Cuts will Cost Lives! November 6th, 2012

As Congress returns for a Lame Duck session after the November 6 elections, your voice is needed to preserve poverty-focused international assistance during Congressional deliberations on debt reduction and appropriations legislation. Urge your Senators and Representative to pass fiscal year (FY) 2013 poverty–focused international relief and development funding at the levels passed by the Senate earlier this year. For Countries such as the Democratic Republic of Congo, Haiti and Zambia, this small amount of funding that represents less than 1% of the federal budget saves millions of lives.

Read the USCCB and CRS joint Action Alert for  details on how to take action (Download PDF)

 


IMF Gold Sale Profits Benefit the World’s Poor October 1st, 2012

Jubilee USA Supporters Picket the IMF

The International Monetary Fund Executive Board has approved the final 2.7 billion dollars from recent gold sale profits to support the world’s poorest. The total gold sales windfall has now reached nearly 4 billion dollars to benefit the most vulnerable. One of the most powerful institutions in the world decided the right way because ordinary people cared – and acted.

At first, the IMF barely acknowledged the profit and assumed it could remain in their general reserves. Word leaked out about possible major renovations of the IMF office space in Washington, DC.

In response, Jubilee USA, of which the Oblates are a member, delivered tens of thousands of petitions and organized 60 global partners to push the IMF towards debt relief. At the end of February 2012, the IMF Board made a decision on the first distribution of 1.1 billion dollars after Jubilee, the ONE Campaign, ActionAid and Oxfam International met with the IMF staff.

These efforts pushed the IMF to approve the first 1.1 billion dollar distribution AND the second 2.7 billion dollar distribution to support concessional lending in the Poverty Reduction and Growth Trust (PRGT) and extend a 0% interest rate that will make this trust available for future generations beyond 2014. While many of us have concerns about IMF lending, this 0% extension on existing loans will mean real relief for millions of people and translate into direct support for low-income countries.

For more information about Jubilee USA, please visit their website – and get involved! Go to: www.jubileeusa.org

 


UN News… August 31st, 2012

DID YOU KNOW THAT EVERY DAY THE UNITED NATIONS:

  • Provides food to 108 million people in 74 countries
  • Vaccinates 40 per cent of the world’s children, saving 2 million lives a year
  • Assists over 34 million refugees and others fleeing war, famine or persecution
  • Fights climate change and leads a campaign to plant 1 billion trees a year
  • Keeps the peace with 116,000 peacekeepers in 17 operations on 4 continents
  • Fights poverty and helped 300 million rural poor achieve better lives in the last 30 years
  • Monitors, promotes, protects and develops human rights worldwide.

(From the Outreach Division, Department of Information of the United Nations)

ANNUAL MINISTERIAL REVIEW: PROGRESS ON INTERNATIONAL GOALS

Each year the UN Economic and Social Council holds an annual ministerial review, in which various countries share their progress on implementing international goals at a national level, including the Millennium Development Goals. Brazil and Kenya, two countries in which the Missionary Oblates of Mary Immaculate and VIVAT International minister, were included this year. Both countries focused on specific initiatives by which they have promoted full employment and productive capacity, essential for achieving poverty eradication, and acknowledged the many difficulties still ahead.

Brazil Annual Ministerial Review Webcast — in Portuguese and English; followed by commentary and challenge from South Africa, Argentina, and Sweden

Kenya Annual Ministerial Review Webcast — in English; followed by commentary and challenge from India, Uganda, and the ILO (International Labor Organization)

 

 


New SEC Rules to Reduce the Use of Conflict Minerals August 29th, 2012

The Missionary Oblate JPIC Office applauds the final rules adopted by the Securities and Exchange Commission (SEC) to restrict the use of Congo conflict minerals and increase transparency in extractives-related payments.

On August 22, the Securities and Exchange Commission, in a 3-2 vote, adopted a rule requiring public companies to disclose information about their use of minerals from the Democratic Republic of Congo where militias linked to atrocities have profited from mining minerals. Conflict minerals mined in war-torn Congo are essential to the manufacture of high-tech electronics, jewelry and other goods. The rule is know as Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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