Cuts in aid budgets
#ODA #Jubilee2025 #MakeTaxesWorkForWomen #FfD4
Top story
CSOs react to cuts to aid budget across Europe
In recent weeks, many Eurodad members and allies have witnessed their governments slashing aid budgets and reallocating these vital resources in the pursuit of geopolitical and military interests. Many CSOs, politicians and commentators have reacted in dismay and called out the moral and strategic failings of these decisions, because they will cause more instability and suffering.
Below you can read the reactions of some of Eurodad's partners and members to this alarming trend.
Read the media reactions by European organisations: ActionAid, BothENDS, Catholic Agency for Overseas Development, Christian Aid, Oxfam, Wemos.
News
On USAID shutdown: Reality of Aid calls on US government to honor right to development
by Reality of Aid
In an effort to curb overseas spending and dwell on economic protectionism, the once again elected United States President Donald Trump is attempting to shut down the US Agency for International Development (USAID), an institution that delivers and funds humanitarian programs since the 1960s.
Read the article
Blogs
The year for debt justice: how you can be involved in Jubilee 2025
by Polina Girshova (Eurodad)
The Jubilee 2000 debt campaign was one of the most successful campaigns in civil society mobilisation history. This year, with both the Fourth International Conference on Financing for Development and the Catholic Jubilee taking place, 2025 is proving to be another key year for debt justice. In this blog we highlight a few of the mobilisations that are already planned to inspire you to take action.
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UN Preparatory Committee expands the vision for financing for development - What was new at PrepCom3?
by Bodo Ellmers (Global Policy Forum)
The third session of the Preparatory Committee for the International Conference on Financing for Development (FfD4) took place at the United Nations headquarters from 10-14 February 2025. Initial statements from the UN Member States made it clear that there was a desire for FfD4 to result in a real and tangible action plan in a context where the annual financing gap for Sustainable Development Goals (SDGs) continues to grow, rather than shrink, and multilateralism overall is having a hard time.
Read the blog
Reports
Blending from the ground up: multilateral and national development bank collaboration to scale climate finance
by Chiara Mariotti, Richard Kozul-Wright, Rishikesh Ram Bhandary and Kevin P. Gallagher
This publication is a call to establish partnerships across public finance institutions that are clearly aligned with the host government’s development and climate change priorities. With five case studies focusing on green energy, the authors examine how partnerships between national development banks (NDBs) and multilateral development banks (MDBs) have worked in practice and provide the empirical foundation for identifying the opportunities and barriers to scaling up MDB-NDB collaboration.
Read the report | Read a blog by the authors
Neocolonialism in the name of the green transition. Rare Earths mining in Madagascar
by Debt Observatory in Globalisation (ODG)
This report seeks to shed light on who stands to benefit and who bears the burden of the new rush for raw materials, in this case the Rare Earth Elements Groups. It also shows the global dynamic accelerating these processes in the name of the transition to a "green" and low-carbon world. This report is available in English, French, Spanish, Catalan and soon in Malagasy.
Read the report | Watch the short documentary "Land for living. Resisting green extractivism in Madagascar"
Useful resources
Rewatch the panel "Feminist economy and social justice – redefining paths"
by Rosa Luxemburg Stiftung
In a world undergoing upheaval, and with the planet on fire, it is imperative to build inclusive and sustainable economies that put life and needs of people and planet at the centre rather than economic growth. Eurodad participated in this expert panel discussing how a ‘Feminist Economy’ can bring together these practices and perspectives to forge solutions to the challenges societies are facing globally.
Events
7 March | Online | Launch webinar: Global Days of Action on Tax Justice for Women's Rights 2025
On the eve of International Women's Day, join the launch of the 9th edition of the Global Days of Action on Tax Justice for Women's Rights under the theme of "Progressive taxation for an inclusive and just social organisation of care." This webinar will have interpretation in French and Spanish.
11 March | Online | Webinar - "Debt and gender: a double burden"
The issues of debt and gender are intimately linked but remain understudied. Indeed, it is women and girls who are hardest hit by unsustainable debt in the global south. To tackle this double issue and to build capacity among CSOs working on debt, the French Platform on Debt and Development organises a webinar on debt and feminism in Africa, taking place from 2:00pm to 4:00pm CET. This event will touch upon gender issues in Africa, the link with debt and the way African CSOs can take it into account. English and French interpretation available.
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This newsletter has been produced with co-funding from the European Union, Bread for the World and Norad. The contents of this publication are the sole responsibility of Eurodad and can under no circumstances be regarded as reflecting the position of the funders. |