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.
Global Processes
The G7 Summit in Elmau 2022. Intensified geopolitics overshadow the development agenda
The G7 summit in Elmau was the highlight of the German G7 presidency in 2022. Contrary to the original intentions of the German government, security policy and geostrategy dominated the process, due to the conflict in Eastern Europe.
- Development Finance
- Global Processes
Towards increased quality and integrity of ODA in the context of Private Sector Instruments and Special Drawing Rights.
Civil society from around the world have written an open letter raising concerns about the quality and integrity of ODA statistics.
- Development Finance
- Aid Quality
A look back at Eurodad Conference 2022
After two years of meeting online and three since we last met in person as a network, we came together in Brussels last week for our 2022 conference “Reboot the system: Defining joint strategies for economic justice”.
- Climate Finance
- Global Processes
Q & A: The future global climate finance goal (aka NCQG) - what is it, why is it important and what does it entail?
One of the main outcomes of COP26 is the process to agree a new global climate finance target. In the following Q&A, Eurodad's climate finance expert answers some of the most frequently asked questions about the new collective quantified goal on climate finance.
- Climate Finance
- Global Processes
Eurodad's response to the World Bank consultation on the proposal for a Financial Intermediary Fund for Pandemic Prevention, Preparedness and Response
Thirty-three organisations from the global south and the global north have signed a statement arguing that the World Bank has not learnt crucial lessons from the Covid-19 pandemic and broader health financing evidence.
- Development Finance
- IFIs
Skilling up on UNFCCC COP processes
This toolkit has been designed for those who are new to the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) processes.
- Climate Finance
- Global Processes
Shaping the future of EIB Global: Reclaiming public purpose in development finance
This briefing aims to support civil society organisations and EU Member States to reshape the future of EIB Global. It includes a number of recommendations, including a call on EU Member States to democratise EIB Global operations, and for a policy framework to be developed that creates metrics, benchmarks and assessments that matter for definancialised, sustainable, decolonial and equitable development.
Written by Thomas Marois, SOAS University of London
- Development Finance
- IFIs
Advocacy on Monetary Policies for Economic Justice - A handbook for Civil Society
Monetary policies – the actions undertaken by a nation's central bank to control the money supply – influence a range of economic justice issues. Notably, their interaction with fiscal policies impacts a country’s domestic resource mobilisation capacity. Yet, few civil society organisations at national and international level focus on influencing monetary policy. To a large extent, this is because for decades monetary policy has been taken out of the public and political debate, and relegated to mere technical issues for specialists. It also reflects a lack of awareness of alternatives to the neoliberal understanding of monetary policy as primarily an instrument for controlling inflation.
The handbook is the outcome of a project led by ActionAid International, Eurodad, INESC (Brazil), SEATINI and CEHURD (Uganda), SIKKA (Tanzania), and WEMOS.
- Development Finance
- Global Processes
Eurodad reaction to the European Commission’s proposal to tackle the debt-equity bias in taxation (DEBRA)
In the midst of a very difficult economic situation, it has never been more urgent to repair our broken tax system, including by addressing large-scale corporate tax avoidance. Instead of removing the tax loopholes related to debt financing, the European Commission is instead suggesting the introduction of new tax incentives related to equity financing, which could potentially open up new avenues for corporate tax avoidance.
- Tax Justice
- Global Processes