Is ISIL ‘Banking’ On Inaction?
Over a year ago, just as the US bombing campaign on the so-called Islamic State was beginning, Peace Action issued a call for measures we believed then, and still believe, are more effective than endless war. These alternatives included:
- Tighten loopholes in existing sanctions to help cut off ISIL’s funding streams:
- Cut off U.S. government contracts with anyone doing business with ISIL
- Restrict ISIL’s access to the international financial system
Peace Action has a long record of putting forward postive, practical alternatives to military force. It is a great disapointment that it’s taken the US over a year to ‘get with the program’.
Presently, the United States and Russia are working on a Security Council resolution at the United Nations that will, at long last, move to cut off revenues to ISIL.
On December 17th finance ministers from the 15 members of the Security Council are expected at a special meeting at the UN to coordinate intelligence and financial measures to cut ISIL’s revenue stream and put pressure on countries to do more to identify and stop wealthy individuals suspected of donating money to the terrorists.
It’s a start but it hardly goes far enough. More aggressive efforts are needed to prosecute individuals and sanction nations that support ISIL. That’s because donor nations, and wealthy individuals, already known to be supporting ISIL are our so-called allies, including many from the Persian Gulf. That’s a big reason why there is little emphasis on concrete penalties and sanctions needed to effectively disrupt ISIL’s financing.
Send a message to President Obama. Take effective action in support of tougher a UN resolution that cuts ISIL’s access to money, recruits and weapons. Call the White House comment line at 202-456-1414 or email the President at whitehouse.gov.