Shadow report on the limitations of the G20 Debt Service Suspension Initiative: Draining out the Titanic with a bucket?

Eurodad’s Director Jean Saldanha reflects on the “business as usual” approach of the past week, the lack of urgency around Special Drawing Rights, and the total failure by G20 finance ministers to address deepening debt levels in the global south.

Recommendations include an end the gentleman’s agreement in the leadership selection process, reform of the Bank’s quota system to give more power to countries from the global south and no DBR 2.0

The OECD has produced a deal that has strong biases towards the interests of larger and richer countries, at the expense of the world’s poorest countries.

The Doing Business scandal brought the Bank's structural problems into the public eye, namely the weak independence and integrity of its research and the widespread conflict of interest in its policy advice.

The 76th Session of the UN General Assembly (UNGA 76) 2021 concluded on September 27.

The UNGA includes the representatives of all 193 Member States and is in session every year between September and December. 

Analysis of the 2019 Climate Finance data released by the OECD shows developed countries are still falling short of meeting the US$ 100 billion per year climate finance goal.