#IWD2020 - Stop the news debt crisis derailing women's rights
International Women's Day 2020
#2020 #IWD #Devex #Gender #EachForEqual #JobVacancy
#EconomicJustice4GenderJustice - Eurodad staff, together with FERN, SaferWorld, EndFGM and ActionAid mark International Women's Day 2020.
This blog outlines the serious barriers women face due to the unfurling debt crisis in the global south. As debt payments increase, resources are being diverted from public services investments and towards the outsourcing and privatisation of these services. This poses a threat to women’s rights and equality. CSOs across the world can help tackle this injustice, but, as this blog states, a greater gender focus for our actions is essential.
By Cecilia Caio (Development Initiatives) and Nerea Craviotto (Eurodad). Originally published on Devex
For the first time, the full data for 2018 official development assistance released by the OECD's Development Assistance Committee included data on aid spending through private sector instruments, or PSIs. In this joint blog, we analyse this key yet controversial step that blurs the boundary between ODA and commercial transactions.
With aid increasingly being used by European countries to push private investment in Africa, Eurodad's María José Romero criticises the "narrative being pushed that argues that private investment is going to trigger economic growth and, as a result, development will happen automatically in developing countries." Read more in Devex.
Reports & useful resources
This workshop aims to provide a space for civil society organisations working in international advocacy on women’s economic justice and/or the World Bank to inform, discuss ideas and strategise around challenging the ways in which the World Bank Group can undermine women’s rights in its role as a macroeconomic policy norm setter. This workshop aims to connect various recent efforts from civil society groups working on activism, advocacy and research relating to this topic, to facilitate information-sharing and thinking on gender equality and macroeconomics at the World Bank.
This paper deals with the questions 'where, for what and when' should blended finance be used and promoted? It does so in a manner that lends support to the argument that more attention should be given to the mobilisation of public resources – domestic as well as international (ODA). Leveraged private capital is important but cannot and should not play the most important role in financing the SDGs in developing countries – in particular the core social SDGs.
Development Initiatives are seeking a senior leader with outstanding expertise in the field of development finance, in depth-knowledge of financing in international and national contexts, and a passion to propose how wider resources and their associated actors, institutions and instruments can contribute to poverty reduction alongside ODA within an evolving global development finance architecture.
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.