Ensuring the primacy of human rights in times of systemic crisis - Eurodad's 2022 Conference
This hybrid session is part of Eurodad's 2022 Conference "Reboot the system: Defining joint strategies for economic justice" taking in place in Brussels on 9-10 June.
Please register to this event only in case you would like to join this session remotely. In case you will be attending the conference in person, please note that you don't need to register to this event.
States, particularly those in the global south have to fulfill their obligations as primary duty-bearer for the protection and realisation of universal human rights in a climate challenged world plagued with uncertainty as a result of the pandemic. The financing challenges they face to fulfill their obligations are immense. The current development finance consensus has left them hostage to the one-size-fits-all policy approach that prescribes deregulation to attract foreign investors, greater participation in global financial markets and a race to the bottom on taxation. The resulting unsustainable levels of sovereign debt, hypothecation of labour protection, reduced public investment, including in social services etc. directly undermines these states’ human rights obligations.
The panelists will present how the international community can support states to break out of the vicious circle of finance that undermines human rights and build a global finance architecture that supports a virtuous cycle of finance, reinforcing and strengthening countries as human rights duty-bearers.
Jason Rosario Braganza
Director - Global Social Justice Program at Joseph Stiglitz's Initiative for Policy Dialogue