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.
Global Processes
Covid-19 vaccine donations from rich countries to global south must not be counted as aid
- Development Finance
- Aid Quality
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
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
- Debt Resolution
As G20 meets to rubberstamp OECD tax deal, 130+ developing countries push for UN tax body
The move, which challenges the OECD's dominance as the place where global tax rules are written, is a strong sign that many developing countries do not consider the discussion about global tax rules to be over.
- Tax Justice
- Stop Tax Dodging
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.
- Debt Justice
- IFIs
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.
- Debt Justice
- IFIs
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.
- Debt Justice
- Covid-19
Development banks have no business financing agribusiness
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.
- Development Finance
- Global Processes
IMF-WB Annual Meetings: High expectations, poor outcomes
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.
- Development Finance
- IFIs
How the Doing Business scandal has exposed the weak accountability of the Bretton Woods Institutions
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.
- Development Finance
- IFIs