FfD4: A beacon of hope in 2025/ New ODA data analysis
#FfD4 #ODA #CancelTheDebt #EurodadIC25
Top story
FfD4: A beacon of hope for international financial architecture reform in 2025
In this article, Eurodad's Director Jean Saldanha reflects on the challenges and opportunities in the year ahead. She focuses in particular on the UN Fourth Financing for Development Conference (FfD4) in June, the opportunities for much-needed systemic change and the role of civil society, led by the global south.
News
2023 aid data exposes urgent need for more democratic governance of development cooperation
Despite a slight increase in overall ODA (1.6 per cent in real terms), 2023 aid figures show less than a quarter goes to the world’s poorest.
The governance of development cooperation urgently needs to be reformed at the Fourth International Conference on Financing for Development in June.
Pope Francis announces jubilee debt relief campaigns for Jubilee 2025
by Jubilee USA Network
As he opened the Jubilee Doors, Pope Francis announced church campaigns in 160 countries on debt cancellation to address poverty and climate issues
Reports
Equitable and just transition
by Asian Peoples' Movement on Debt and Development (APMDD)
Asian Peoples' Movement on Debt and Development (APMDD) published two papers focusing on equitable and just transition. A briefing aims at providing social movements, grassroots organisations, trade unions, and other CSOs, with approaches to these issues from the perspective of equity and justice for all. Another paper reflects the consensus reached by Asian organisations and movements among workers, farmers, fisherfolk, women, indigenous peoples, youth, rural and urban poor communities, and other sectors.
Read the briefing "Equitable and Just Transition"
Read the paper "Principles for equitable and just transition in the global south"
Useful resources
Lower-income country debt payments hit highest level in 30 years
Debt Justice UK released new figures based on data from the World Bank which show that high debt payments are preventing the public spending needed to cut poverty and tackle the climate emergency.
Read more | Explore Debt Justice's UK debt data portal
Podcast: Africa spends more on servicing debt than on health care. How did we get here?
According to Debt Justice UK and Christian Aid, 34 African countries spend more on external debt payments than on health or education. In this podcast, Tim Jones (Policy Director at Debt Justice UK) walks us through the causes of Africa's debt crisis, its impact, and how it can be fixed.
Suriname’s debt crisis shows us how global capitalism works
by Sharda Ganga (Projekta Suriname) and Jerome Phelps (Debt Justice UK)
With rich Amazon forests and fewer than a million people, Suriname is one of the few countries that absorbs more carbon than it produces. But it is now being forced to implement destructive austerity by global financial interests.
Book: Debt and human rights - key elements from the Inter-American system
Coordinated by Juan Pablo Bohoslavsky and Laura Clérico
In the world, and particularly in Latin America and the Caribbean, debt policies often deeply restrict States’ capacities related to levels of human rights realisation. However, the Inter-American human rights system has not yet captured on its radar any of the stages that constitute the debt cycle. This collective book attempts to contribute to filling this gap through detailed studies on a wide range of actors and causal relationships between debt and human rights in the region.
A recap of this year’s achievements, key events, and initiatives
by MENA Fem
As the New Year starts, MENA Fem Movement for Economic, Development and Ecological Justice takes a moment to reflect on what has been an inspiring and impactful year, while recognising the efforts made by civil society actors, activists, and feminists across the globe to bring about a more just, equitable, and sustainable global economic structure.
Events
28-29 Jan 2025 | Barcelona and online | Eurodad International Conference "2025 - a once in a decade opportunity to achieve economic justice"
Co-hosted with our Spanish members Debt Observatory in Globalization (ODG), Oxfam Intermon and Alianza-ActionAid Spain, our next International Conference will take place in Barcelona. It will provide a unique opportunity to share ideas ahead of the UN Financing for Development Conference (FfD4) in the country that will host the summit.
Registrations for in-person participants are now closed, but you can register here to watch the live streaming.
 |
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. |
