Financial transparency and especially the disclosure of climate risks has become a major issue in discussions about sustainable finance.

One of the most challenging, controversial and least understood issues in this area is how governments, companies and individuals intentionally use so-called tax haven jurisdictions and complex structures involving trusts and shell companies as vehicles to reduce financial transparency and accountability.

Uses of such structures in extractive sectors like mining, forestry and fisheries have potentially very large, yet poorly understood social and environmental impacts.

This online conversation organized as a contribution to Stockholm+50 will elaborate these issues in depth with leading experts and practitioners, including the challenges of studying this phenomenon, and the most important policy pathways that could lead to a step-change in transparency and tax fairness in extractive sectors with benefits for both people and planet.

Participants:
Introduction: Gay Ordenes, the Extractive Industries Transparency Initiative (EITI)

Reflection 1: Linda Larsson Kakuli, award winning investigative journalist, Swedish Television

Reflection 2: Jan Fichtner, Senior Research Fellow in the CORPNET project at the University of Amsterdam.

Reflection 3: Athanasia Karananou, UN Principles for Responsible Investment (PRI)

Moderator: Victor Galaz, Deputy Director, Associate Professor, Stockholm Resilience Centre at Stockholm University and Beijer Institute of Ecological Economics at the Royal Swedish Academy of Sciences.

Read more: https://beijer.kva.se/transparency-ta...