Beneficial ownership transparency: A fundamental reform to accelerate sustainable development

Summary

Companies are embedded into all aspects of society and can be crucial for investment in sustainable development. Their proper functioning through transparency and accountability is therefore relevant to allowing all aspects of society to function and develop. This document outlines Open Ownership's inputs to the Elements Paper of the Fourth Financing for Development (FfD) Conference, submitted on 15 October, 2024. It makes the case for the FfD process to recognise the cross-cutting importance of beneficial ownership transparency to fully implementing the Sustainable Development Goals and to supporting reform of the international financial architecture.