Call for decision-making to shift to the UN: “the most democratic global governance space we have.”
Debt Resolution
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
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
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
62 CSOs deliver open letter on the Debt Transparency Initiative (DTI) to OECD, G20 and European Commission
62 civil society organisations and global networks across the world have published an open letter expressing their concerns about the design, consultation process and establishment of the ‘inadequate’ OECD Debt Transparency Initiative (DTI).
- Debt Justice
- Debt Resolution
World leaders continue to kick the can down the road on debt reform
World leaders failed to seize an opportunity for vital reform of the international debt architecture when they met yesterday (29 March) at the UN.
- Debt Justice
- Debt Resolution
Ecuador, Covid-19 y Deuda
Ecuador está atravesando una crisis sanitaria y humanitaria como resultado del Covid-19. En este blog se analiza las implicaciones de la pandemia, la crisis de deuda en Ecuador y la iniciativa DSSI.
- Debt Justice
- Covid-19
Ecuador, Covid-19 and Debt
Ecuador is experiencing a health and humanitarian crisis as a result of Covid-19. This blog explores the implications of the pandemic, Ecuador's debt crisis and the DSSI initiative.
- Debt Justice
- Covid-19
Reaction to G20 Common Framework for Debt Treatments: designed by and for creditors
Today the G20 published its “Common Framework for Debt Treatments beyond the DSSI.” The proposed framework is extremely disappointing, and yet again another mechanism that has been designed by and for creditors.
- Debt Justice
- DSSI
Kenya, Covid-19 and Debt
Covid-19 has left Kenya in a precarious position. A large debt burden and the impact of the pandemic are eroding all the gains made in the fight against poverty over the last few decades.
- Debt Justice
- Covid-19