Iolanda Fresnillo

Maria Jose Romero

COP27 misses the point again, failing to push rich nations to meet climate finance commitments

COP27 only delivered one part of the climate finance puzzle, namely a Loss and Damage Fund. Developed countries need to step up their efforts to repay the climate debt so all countries are able to pursue sustainable development.

  • Climate Finance
Chiara Mariotti

Analysis: World Bank and IMF failure to address the global polycrisis makes systemic reform even more urgent

Last week’s meetings proved yet again that without fundamental reform to how both the World Bank and IMF are governed, and how they ultimately operate, the same mistakes will be repeated again and again. And that is unacceptable.

  • Development Finance
  • IFIs
Ilaria Crotti

Riders on the storm - How debt and climate change are threatening the future of small island developing states

This report looks at how debt and climate change are threatening the future of Small Island Developing States (SIDS), and suggests calls to action to help tackle these challenges

  • Climate Finance
Iolanda Fresnillo

The G20 will fail again

The worsening debt crisis in developing countries calls for immediate debt cancellation and structural reforms, but the G20 is not willing to deliver. A truly multilateral and systemic response, that includes borrowing countries in the decision-making, is urgently needed.

  • Debt Justice
  • Global Processes
Iolanda Fresnillo

G20 buries its head in the sand amidst increasing calls for action on sovereign debt

Last week, G20 Finance Ministers failed to act on calls to enhance the Common Framework. In this article we look at the trends and risks regarding sovereign debt that the G20 seem to be ignoring and we believe will need close attention in the coming months. 

This article was originally published on 16 February and updated on 24 February. 

  • Debt Justice
  • IFIs
Iolanda Fresnillo

Stepping up the Common Framework or reforming the debt architecture, this is the real question

On Thursday, the IMF published a blog on the problems facing the implementation of the G20 Common Framework (CF). This signals a victory for civil society campaigners – but is ultimately too little too late.

  • Debt Justice
  • Covid-19
Maria Jose Romero

BWI Annual Meetings 2021: Political games while the world burns (3)

Business as usual prevailed over the need for genuine reform during the Annual Meetings of the Bretton Woods Institutions earlier this month. This is the third of a three-blog series dealing with the Doing Business Report scandal, allocation of rich countries unused Special Drawing Rights and the debt crisis.

  • Development Finance
  • IFIs
Maria Jose Romero

BWI Annual Meetings 2021: Political games while the world burns (2)

Business as usual prevailed over the need for genuine reform during the Annual Meetings of the Bretton Woods Institutions earlier this month. This is the second of a three-blog series dealing with the Doing Business Report scandal, allocation of rich countries unused Special Drawing Rights and the debt crisis.

  • Development Finance
  • IFIs
Maria Jose Romero

BWI Annual Meetings 2021: Political games while the world burns (1)

Business as usual prevailed over the need for genuine reform during the Annual Meetings of the Bretton Woods Institutions earlier this month. This is the first of a three-blog series dealing with the Doing Business Report scandal, allocation of rich countries unused Special Drawing Rights and the debt crisis.

  • Development Finance
  • IFIs
Ilaria Crotti

The Climate Emergency: What's debt got to do with it?

This document provides information for activists and social movements working on climate, debt and global economic and environmental justice. It has been published ahead of a global campaign pushing for climate justice and debt justice and includes tips on how to get involved. 

The questions are also available as a downloadable PDF in: English | Español FrançaisPortuguês

  • Climate Finance
  • IFIs