A/HRC/23/37 (c) States should intensify cooperative efforts to establish an independent international sovereign debt workout mechanism that can resolve debt repayment difficulties effectively and fairly. Such mechanism should operate under the auspices of an inclusive institution with sufficient global legitimacy – the United Nations; (d) Efforts should be made to reduce developing countries’ dependence on international capital by enhancing their capacity to mobilize domestic resources through increased public revenue collection, ensuring a fair and mutually beneficial return on natural resource exploitation by foreign investors, tackling illicit financial flows and stepping up efforts to return stolen assets to the countries of origin; (e) States should adopt wide-ranging legislative frameworks in line with the Guiding Principles on Foreign Debt and Human Rights to curtail predatory vulture fund activities within their jurisdictions; (f) Member States should undertake fundamental reforms of the World Bank, IMF and other international financial institutions to ensure that they respect the commonly accepted norms of good governance (including transparency, accountability, ownership and participation) as well as international standards on human rights, the environment and labour; (g) The World Bank and IMF should undertake a comprehensive review of their Joint Debt Sustainability Framework for Low-Income Countries to ensure that debt sustainability assessments pay sufficient attention to preserving adequate resources for the achievement of development and the creation of the conditions for the realization of all human rights, particularly economic, social and cultural rights. In particular, sustainability assessments should balance Government revenues against a country’s needs to finance its nationally designed and owned development strategies and to fulfil its human rights obligations; (h) In line with the Guiding Principles on Foreign Debt and Human Rights, international financial institutions and other lenders should stop attaching policy conditions to loans and debt relief that may adversely affect the realization of human rights and/or undermine development in recipient countries; (i) States should urgently take measures to ensure coherence among finance, monetary, trade and development policies. 21