FGG SOMO ToC 3: Improved Financial and Tax Systems One of SOMO's long-term goals within the Fair, Green and Global Alliance, is to ensure that financial systems, tax regimes and public financing practices advance socially just, inclusive and environmentally sustainable development. We believe that financial and tax regimes can secure revenues and domestic resources for governments, promote equality and stability, and generate public financing that serves development goals. SOMO contributes to this goal through strategies on improving financial regulations, progressive revenue raising and spending through tax justice, and public funds for the private sector. Activities include doing research, capacity building, advocacy, organizing public events, facilitate the exchange of information, filing complaints at judicial or non-judicial complaint mechanisms, and contributing to the activities of the other FGG members. The work in this program is organized in dossiers to enable cooperation between alliance members. The specific activities of SOMO are described below. Within the dossier Regulating a financial sector that supports sustainable development by raising the voice from the South, SOMO together with the other FGG Alliance members will monitor and raise awareness about international and EU financial regulation that has the potential to exacerbate financial instability or does not go far enough in curbing it and develop accessible information materials and distribution channels. SOMO will, by contributing to its coordination and strategic orientation, also work on consolidating an international network of partners into a network that effectively raises the civil society voice at international and EU levels with the aim of improving access to decision-making about financial regulation and making voices of resistance to proposed reforms heard. SOMO supports Friends of the Earth in working on regulating European private financiers who are providing financial services to land grabbing companies outside Europe. FoE and SOMO will continue to identify current and upcoming legislation on financial regulation that can be used to introduce relevant regulation. In the dossier Developing alternative ideas and increasing support for a sustainable financial sector in developing countries, SOMO will work on a stable financial sector at the service of sustainable development in order to tackle poverty in developing countries. SOMO and Both ENDS in cooperation with Southern partners, will identify, investigate, and distribute information about alternatives to the current financial sector model. SOMO will cooperate with partners to identify and develop alternative-based partner experiences and measures that make the international financial system less risky for developing countries. In the dossier Progressive revenue raising through tax justice, SOMO and her partners will use the mapping of harmful tax policies and treaty provisions (implemented in another project) that lead to tax revenue losses in Indonesia for popularization, lobby and advocacy activities. Results will be widely shared through an open data portal and data visualisations in collaboration with SOMO's partners, investigative journalists and selected media outlets. With joint lobby and advocacy in the Netherlands, Indonesia and internationally, the project addresses the role and impact of tax and investment policies and treaties in order to end the harmful impact of the international investment regime as a whole. In the dossier Enforcement of private sector standards for development finance and access to remedy, SOMO, together with Both ENDS will continue to support communities and workers as advisors when filing complaints to the independent accountability mechanisms. In filing complaints to Development Finance Institutions, SOMO and Both ENDS will seek to partner with national and regional CSOs in order to transfer knowledge so that they themselves can support the local communities when filing complaints at to Development Finance Institutions. SOMO will continue to convene meetings with the independent accountability mechanisms (IAM) network to discuss CSO proposals for measures they can take to protect human rights defenders who file complaints.