Expert analysis and insight from Eurodad's policy and advocacy teams.

The G20 “Common Framework for Debt Treatments beyond the DSSI”: Is it bound to fail? Part 1

This two-part blog series will provide an analysis of the possible structure of the G20 “Common Framework for Debt Treatments beyond the DSSI”. Part I describes the likely structure of the framework. Part II analyses why a Paris Club-based approach to the Common Framework is unlikely to succeed.

  • author daniel
Asian Peoples' Movement on Debt and Development (APMDD)

The Philippines, Covid-19 and debt: Left alone to deal with the pandemic

The Philippines has been in a vulnerable position since the beginning of the Covid-19 pandemic. This vulnerability can be explained by social, economic, health and financial factors. As a result of these pre-existing conditions, the crisis has been acutely felt by the population of the country. 

  • Debt Justice
  • Covid-19
Pooja Rangaprasad

No more excuses – time for global economic solutions

On 29 September, the world’s heads of state will come together (virtually) at an extraordinary meeting to discuss financing for development during the 75th UN general assembly. This will be crucial in the battle to address the Coronavirus crisis. 

This article was originally published on ISPS News.

  • Tax Justice
Jesuit Center for Theological Reflection (JCTR)

Zambia, Debt and Covid-19

The pandemic has had a devastating impact on the living conditions of the population of Zambia. Debt relief with private creditor participation is required now to ensure the country can boost its Covid-19 response and support a sustainable recovery.

  • Debt Justice
  • Debt Sustainability
Abdul Khaliq

Urgent debt relief needed as Pakistan faces perfect debt trap

The indicators of a severe debt crisis were already present in Pakistan long before the Covid-19 crisis hit. Coordinated efforts by CSOs all round the world are needed to ensure that countries like Pakistan are not left alone dealing with its impact.

  • Debt Justice
  • Debt Sustainability
Maria Jose Romero

G20 Finance Ministers: Lack of action leaves developing countries shouldering a heavy burden

This weekend, G20 Finance Ministers passed up the chance to scale up debt relief to developing countries, demonstrating a galling lack of urgency in the face of the debt crisis engulfing a pandemic-stricken globe. Worse still, their approach risks making a bad situation worse.

  • Debt Justice
  • Debt Resolution
Jean Saldanha

A new website to meet the challenge of online advocacy

As more and more of our work moves online, the new Eurodad website offers a space to work more effectively in a coordinated manner, amplifying our collective voice for transformative change.

  • Covid-19
Nerea Craviotto

Donor countries will undermine the integrity of aid if they continue reporting debt relief as ODA

Debt relief should not be reported as ODA. In the coming weeks, DAC members need to decide what is most important to them: allowing ODA double counting and inflation to create incentives to reward debt relief or upholding the credibility, integrity and solid reputation of DAC statistics.

  • Development Finance
  • Aid Quality
Isabelle Brachet

Developing countries need grants not more debt to recover from the Covid-19 crisis

Piling on more debt on to the shoulders of developing countries will not help them recover from the Covid-19 crisis, write Isabelle Brachet and Maria Jose Romero.

  • Debt Justice
  • Debt Resolution
Leia Achampong

Could this month’s UN climate conference be the catalyst to get the world back on track?

Climate action cannot stop, despite the cancellation of high-level climate meetings due to Covid-19. When the time comes to rebuild our economies, we must focus on achieving the goals set out in the Paris Agreement.

  • Climate Finance
  • Covid-19