Virtual Side Event: „The Financing of Right-wing and Ethnically or Racially Motivated Terrorism“, 07.12.2020
On the 7th of December 2020, the Counter Extremism Project (CEP) hosted a virtual side event, co-sponsored by Germany, Norway, the United Kingdom and the United States. The event was opened by short statements of each of the co-sponsoring governments highlighting the threat emanating from the financing of right-wing and racially and ethnically motivated terrorism. The main discussion of the event was grouped into two panels.
During the first panel, CEP, the Royal United Services Institute (RUSI) and the Center for Research on Extremism (C-REX) at the University of Oslo discussed the current threat landscape emanating from the financial activities of right-wing and racially or ethnically motivated terrorists. During this panel, CEP presented the relevant research findings of its recent report entitled “Violent Right-Wing Extremism and Terrorism – Transnational Connectivity, Definitions, Incidents, Structures and Countermeasures”, which was commissioned by the Federal Foreign Office of Germany.
During the second panel, representatives from the Financial Action Task Force (FATF) and the Counter Terrorism Executive Directorate (CTED) outlined ongoing mitigation measures as well as the potential for joint and multilateral actions to counter this threat. The side event concluded with a presentation by the German Federal Ministry of Finance, summarizing the deliberations and highlighting a range of suggestions for further action.