The Centre for Research on Multinational Corporations (SOMO) is an independent, not-for-profit research and network organisation
working on social, ecological and economic issues related to sustainable
development. Since 1973, the organisation investigates multinational
corporations and the consequences of their activities for people and the
environment around the world. More...
The paper 'Post-Trial Acces To Treatment' gives an overview of corporate best practices related to the provision of Post-Trial Access to Treatment (PTA) in low and middle income countries (LMICs). SOMO analysed the policies of the biggest pharmaceutical on PTA, analysed the strong elements regarding PTA in international ethical guidelines, and reviewed the academic debate on this topic. The aim of this paper is to fill the knowledge gap about how the pharmaceutical industry currently deals with PTA in practice and to contribute to a high yet realistic standard of PTA in low- and middle-income countries (LMICs).
The reform to restructure the banks in the EU to prevent them from being too-big-to-fail, is being seriously weakened. At a time that the EU is being seriously challenged not in the least by the Greek elections, the EU has just started a new policy that will spread more risks throughout the economy by further opening up capital markets. This and more can be read in the new issue of the Newsletter-EU Financial Reforms just issued by SOMO and WEED.
Panama Suspends Construction of FMO-funded Barro Blanco hydroelectric dam over environmental and human rights abuses
Following years of community protest, the Government of Panama temporarily suspended the construction of the Barro Blanco dam. The decision was publicly announced by Panama’s Environmental Agency, ANAM, Monday. The indigenous communities whose land would be flooded by the dam had demanded the suspension for years. Although the decision comes when the dam’s construction is near to completion, the Movimiento 10 de abril (M-10) is satisfied that steps are finally being taken to address their concerns.
The European Commission has set out to reduce the financing of armed groups through the sales of conflict minerals. But by focusing narrowly on the procurement of four minerals, their new regulation will have limited effect. New research by SOMO shows that dozens of different kinds of minerals are associated with conflicts worldwide. The researchers call for radical adjustments to the EU proposal.
Minister Ploumen has published the list of organisations she has selected for strategic partnerships with Foreign Affairs. These partnerships are aimed at strengthening their capacity for advocacy and increase their influence on policies for sustainable and inclusive economic development. SOMO had submitted two joint proposals, one with the FGG Alliance and another one with Oxfam Novib, both of which have been selected for further outlining.