By Blair Glencorse and Sanjeeta Pant

The world has quickly transitioned from a global health crisis to a geopolitical one, as the war in Ukraine rages into its second month. But the Russian invasion of Ukraine is just the latest in a long list of challenges that at their heart are either caused by or exacerbated by corruption.

Just this year, think of the protests in Sudan, the coup in Burkina Faso, the nationwide demonstrations in Kazakhstan, or the Portuguese elections, for example- all driven, one way or another, by graft.

While G20 countries have made progress within their national borders, there are often lax laws in offshore tax havens that are under their jurisdictions. Equally, beneficial ownership data should not just be open (to regulators and enforcement agencies), it should be public. Citizens and civil society everywhere should be able to monitor conflicts of interest or relationships between policymakers and corporations, free of charge
Now- countries including the US and Europe– are coming together to freeze the assets of Russian oligarchs, but this is not just about Putin’s kleptocracy. As world leaders meet at the G20 next week, it is imperative that they step-up further to fight corruption both at home and abroad.

The Civil-20 (C20), which engages the G20 on behalf of civil society, has been calling for increased accountability from world leaders on critical anti-corruption issues for a long time. The war in Ukraine has only reinforced the need for a focus on the priorities identified by the C20 this year.

 

Article originally publsihed in IPS News.