In this joint statement, 77 civil society organisations across the world, including Eurodad, call current ODA levels 'economically unwise and morally flawed' given the current pandemic and interconnected crises, including climate change, conflict, fragility, and rising poverty and inequalities.
Covid-19
The Covid-19 pandemic and related crises call for higher levels of ODA
- Aid Effectiveness
- Aid Quantity
Just 1% of rich countries’ spending on Covid went to overseas aid
- OECD preliminary figures for 2020 show donors still failing to reach commitment to spend 0.7% of GNI on ODA
- Loans are on the increase
- Aid Effectiveness
- Covid-19
Spring Meetings 2021: Yet another insufficient response to the Covid-19 crisis?
Eurodad's policy experts reflect on the 2021 IMF and WBG spring meetings, raising concerns of an insufficient response and the inability of the Bretton Woods Institutions to put global social equity at the heart of long-term plans to rebuild fairer post-pandemic.
- Climate Finance
- Global Processes
IMF-WB Spring Meetings: Missed opportunities risk creating another lost decade for development
Eurodad Director Jean Saldanha reflects on the 2021 World Bank and IMF Spring Meetings.
- Climate Finance
- Global Processes
Debt, Kenya and the IMF
Covid-19 has left Kenya in a precarious position. Learn more about the urgent measures needed and why, in the following infograph.
- Debt Justice
- IFIs
Special Drawing Rights: A three trillion dollar question (Infograph)
What are Special Drawing Rights and why are they so important to the global recovery post-Covid? Find out more in this interactive infographic.
Read our detailed analysis on SDRs | Click to expand the infograph
- Development Finance
- IFIs
The 3 trillion dollar question: What difference will the IMF’s new SDRs allocation make to the world’s poorest?
The US$650 billion allocation of SDRs proposed by the IMF will not support the post-Covid economic recovery of the poorest countries. In the following article, we set out the argument for a much larger allocation, one worth US$3 trillion.
- Debt Justice
- Covid-19
‘Rebuilding better', but better for whom?
In March 2020 the World Bank Group pledged to provide US$ 160bn to client countries in the 15 months to June 2021. In this briefing we analyse the Bank's response and ask, given private finance's central role, who is truly benefitting from their Covid-19 response package?
- Development Finance
- IFIs
Opinion: Will rich nations finally deliver solutions to the debt crisis?
We are at a crucial juncture. Global discussions on how to respond to low- and middle-income countries’ increasing debt burdens could lead us to a prolonged debt crisis in the global south, especially in Africa, or to game-changing debt architecture reform. The question is: What path will high-income countries choose?
- Debt Justice
- Debt Sustainability
How lessons from development finance can strengthen climate finance
Climate finance is a vital and powerful sustainable development tool. This briefing highlights lessons learned from long-standing work on development finance that need to be taken into account in climate finance discussions taking place in 2021.
- Climate Finance
- Covid-19