Blog

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

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
Maria José Romero

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
Maria Jose Romero

Development finance in times of Covid-19: Time for a rethink at the World Bank

Before Covid-19 most discussions on development finance were focused on using public money and institutions to ‘leverage’ private finance. The pandemic has, however, exposed the consequences of decades of austerity policies and privatisation strategies.

  • Publicly-backed Private Finance
  • Covid-19
Daniel Munevar

IIF Private creditor participation proposal: A cure worse than the disease

Following the G20 Debt Service Suspension Initiative (DSSI) announced during the 2020 Spring Meetings, the International Institute of Finance (IIF) has released a template for the voluntary involvement of private creditors in a debt service suspension.

  • Debt Justice
  • Debt Resolution