Covid-19

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
Farwa Sial

The Private Sector Window in World Bank’s IDA20: Where exactly is the development impact?

The proposed increase in the International Development Association's much criticised private sector window ignores civil society's concerns that it lacks adequate safeguards and reporting mechanisms to ensure that this is the best use of IDA resources. In this blog, we set out the case for redirecting these resources towards public investment

  • Development Finance
  • IFIs
Polly Meeks

Strings still attached: Unmet commitments on tied aid

It is more crucial than ever that scarce aid resources are directed where they have most impact. And yet, new Eurodad research on tied aid finds that more than one in every five dollars of bilateral and EU aid was reported as tied in 2018.

This report is also available in French and Spanish

  • Development Finance
  • Covid-19
Daniel Munevar

Social unrest, fiscal adjustment and debt sustainability after Covid-19

Without a human rights-based alternative to austerity, many countries will find themselves trapped in a vicious cycle of self-defeating fiscal adjustments, instability and unsustainable debts.

  • Debt Justice
  • Covid-19
Nerea Craviotto

Covid-19 vaccine donations from rich countries to global south must not be counted as aid

Shared principles and safeguards are urgently needed to prevent ODA budgets being artificially inflated by vaccine donations and to avoid unduly applauding donors for a behaviour that created and exacerbated a situation of vaccine inequality in the first place.

  • Development Finance
  • Covid-19
Eurodad

Inaction and wishful thinking: G20 summit shows why we must go back to true multilateralism

G20 leaders met in Rome last weekend (30 and 31 October) to address what they termed “today’s most pressing global challenges”. In the end they took no meaningful new decisions. The photo opportunity with G20 leaders throwing a coin into the Trevi fountain was a potent symbol of what the Summit turned out to be: wishful thinking without any action.

  • Climate Finance
  • Covid-19
Daniel Munevar

Making sense of Belize's Blue Bond Proposal

Lauded by its proponents as a “ground-breaking” and “innovative approach,” the proposal raises concerns upon closer review and is likely to turn into a costly missed opportunity for everyone involved.

  • 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 (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
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