In the space of a few months, Special Drawing Rights (SDRs) - supplementary reserve assets created by the International Monetary Fund - have gone from being a topic for IMF geeks to the talk of the town. There are two main issues at stake.

This is the first blog in a series of blogs on SDRs.

This joint advocacy letter urges the European Investment Bank to ensure a meaningful public consultation. 

During the past year, the United Nations Economic Commission for Africa, in partnership with the US asset management firm PIMCO, has advocated for the establishment of a Liquidity and Sustainability Facility (LSF). The LSF has been presented as a mechanism to support countries in Africa in the aftermath of the Covid-19 pandemic. But which countries and investors really stand to benefit? 

While G7 leaders argue that they "aim for a step change" in their approach to infrastructure financing, a market-led approach is still at the heart of the G7’s plan to "build back better" for the world. In the following blog, María José Romero, Farwa Sial and Flora Sonkin analyse the proposals, the risks and an alternative way of thinking about infrastructure.

A summary of key issues emerging from recent high-level event on SDR recycling mechanisms, funds, and vehicles.

This is a guest blog written by Bhumika Muchhala (Senior Policy Researcher on Global Economic Governance, Third World Network), and Christopher Hope (Policy Officer, Bretton Woods Project).

The Summit on the Financing of African Economies convened by the French President, Emmanuel Macron last week was mostly a rhetorical exercise in supporting Africa’s post-pandemic recovery and resilience-building.

While the Leaders' Summit on Climate brought together climate laggards and climate-vulnerable countries, the ‘invite-only’ nature of the Summit is another reminder that the climate agenda is still largely driven by rich, developed countries.

By Leia Achampong (Eurodad) and Carola Mejia (LATINDADD)

This year, the ECOSOC Financing for Development Forum took place virtually from 12 and 15 April.

The latest briefing by the Financial Transparency Coalition tracks fiscal and social protection responses to Covid-19 in the global south.

The Global Austerity Alert is published by ITUC, Public Services International, Bretton Woods Project, Third World Network, Arab Watch Coalition and IPD/Columbia University.