As public development banks gather at #FinanceInCommon2021, a coalition of more than 280 civil society organisations call for an immediate end to the financing of corporate agribusiness operations and speculative investments. 

Eurodad’s Director Jean Saldanha reflects on the “business as usual” approach of the past week, the lack of urgency around Special Drawing Rights, and the total failure by G20 finance ministers to address deepening debt levels in the global south.

The Doing Business scandal brought the Bank's structural problems into the public eye, namely the weak independence and integrity of its research and the widespread conflict of interest in its policy advice.

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 | Français| Português

Recommendations include an end the gentleman’s agreement in the leadership selection process, reform of the Bank’s quota system to give more power to countries from the global south and no DBR 2.0

The OECD has produced a deal that has strong biases towards the interests of larger and richer countries, at the expense of the world’s poorest countries.

Today, AFRODAD, the Bretton Woods Project and Eurodad issued a joint statement ahead of the World Bank's International Development Association (IDA) October Forum, which will address critical issues regarding ongoing discussion over IDA20 replenishment. This comes ahead of a meeting of IDA Deputies later this month.

Eurodad calls for an ambitious IDA20 replenishment package that ensures that developing countries have access to concessional resources to address their democratically-determined recovery needs.

#WorldBank #ClimateFinance #PublicServices #DebtJustice #UpcomingEvents

280 civil society organisations and academics call on the G20 to agree fair channeling of Special Drawing Rights to countries who are in greater need.