TUAC NEWS
TUAC STATEMENT TO THE OECD MINISTERIAL COUNCIL MEETING 2015
Raising Investment for Sustainable Jobs and Growth
26/05/2015
Please find the full version in English and French on the right hand side.
On the occasion of the OECD Ministerial Council and Forum taking place from June 2-4, 2015, the TUAC has released a statement calling on OECD governments to:- Take action to raise middle and lower household incomes to boost demand and purchasing power
- Strengthen collective bargaining and robust minimum wages, and halt the increase in precarious, informal or irregular work
- Address the current “training gap” through investment in public education and quality apprenticeships together with social partners
- Invest in public infrastructure that creates green and decent jobs
- Integrate decent work and social dialogue into the OECD Development Strategy, and support domestic resource mobilization with knowledge-sharing and capacity building
- Set CO2 emission and climate finance targets with the objective of maintaining a global average temperature increase below 2°C and support a “Just Transition” for workers and economic sectors
- Adopt strict rules on fair and transparent risk sharing whenever public money is used to support private finance, including Public Private Partnerships
- Mainstream responsible investment within the OECD work on long term investment and address the transparency and accountability of asset managers and bankers
- Improve the OECD Guidelines for Multinational Enterprises by revising the Procedural Guidance, approving budget allocations, accelerating the peer review programme and strengthening policy coherence
- Take political responsibility to raise the missing USD 2.7 million for the Rana Plaza Donors Trust Fund
- Establish a “Special Monitoring Process” on labour rights and reducing impunity for Colombia’s OECD Accession process due to severe risks to the rights of workers in the country.