10/07/2024 | Press release | Distributed by Public on 10/08/2024 02:31
Consumers are at the heart oftheglobal economy. Our spending accounts for approximately 60% GDP in Organisation for Economic Co-operation and Development (OECD)countries.And we have an important roleto play in the digital and green transitions.These transitionsrequire decisiveaction, and to be successful - an approach that supports and builds with us.
This week Consumers International will participatein the first-everOECD Consumer Policy Ministerial Meetingin Paris.The event entitled Consumers at the Centre of the Digital and Green Transitionsisan unprecedented opportunity tohelpaddress the risks and opportunities people faceacrossdigital markets and in their purchase ofgoods and services with environmental impacts.
Consumers International is the only consumer group invitedto the Ministerialand we are bringing a global delegation to discussions. This week we will share the unique value and approach of the consumer advocacy movement which can help drive the transitions and ensurethatconsumer policy is fit for the future.
Weare honoured to join heads of delegationsand businessat the Ministerial. We support the agenda's core focus areas yet highlightseveral opportunitiesto help meaningful engage consumers.
The OECD agenda has highlighted that the issues we face in the modern marketplace transcend across borders and sectors, and this calls for robustenforcementand interoperable solutions. Consumer groups have a long history of helping enforcement, their mandates routinely include monitoring market practicesalongside conducting research, and initiatives which shape policy. In certain areas such as product safety, market surveillance provesa lifeline to people in the marketplaceand ensures accountability across complex product life cycles.
The films were produced by BBC StoryWorks for individual series participants, and together form the series Purchasing Powers, presented by Consumers International.