“We praise charity efforts to combat climate change in countries like Bangladesh as generous, without critiquing why they are made necessary in the first place”
With facts and numbers…
Read the article by Tapti Sen
Page 33 of 85
When the 193-member General Assembly adopted the 2030 Agenda for Sustainable Development back in September 2015., it was aimed at transforming the world into an idealistic state of peace and economic prosperity.
But eight years later, most of the world’s low-income countries (LICs) have been struggling to achieve even a single goal, including the two key targets: the eradication of extreme poverty and hunger by 2030.
Read the article on IPS
Times of Inequality!
eapn-EAPN-Report_EU-2022-Poverty-Watch_Unequal-Times-of-Crisis-5677.pdf
The Director-General of the International Labour Organization (ILO), Gilbert F. Houngbo, called upon countries to, “bend the arc of history in favour of social justice” as he addressed a two-day World of Work Summit in Geneva, Switzerland.
“Greater social justice gives us a cause to rally round. But is much more than that. It is a driving force that can steer us towards a more equitable and sustainable future. As such, it must become our guiding principle, for both policies and action,” said Houngbo.
In 2009, high-income countries committed in the Copenhagen Accords to mobilize US$100 billion a year by 2020 in climate finance for low- and middle-income countries. Oxfam reported on the progress of this commitment in 2016, 2018 and 2020. This year’s report finds that high-income countries have not only failed to deliver on their commitment, but also – as in previous years – generous accounting practices have allowed them to overstate the level of support they have actually provided. Moreover, much of the finance has been provided as loans, which means that it risks increasing the debt burden of the countries it is supposed to help.
Report of Oxfam International
The International Monetary Fund (IMF) and the World Bank recently held their annual spring meetings, which, according to the organisers, produced a “strong message of confidence and a willingness to cooperate.” But lofty rhetoric and good intentions will not be enough to create a truly inclusive and sustainable economy fit for the twenty-first century. For that, deep structural change is needed.
Article by Mariana Mazzucati
Interesting developments at the UN, in preparation for the Financing for Development Conference. And interesting paper from Global Policy Forum
This piece is well-developed, with an essential historical context going back many decades that is essential to understanding how we got here and is often obscured in contemporary accounts. The history here is particular to USAID, but the patterns and practices described apply to the entire OECD global aid complex, including Canada.
The World Health Organization recently concluded another World Health Assembly in May. Discussions at the WHA focused on the organization’s role in health emergencies and its financing challenges. Some last-minute changes in the decision on strengthening WHO’s flexible budget raised concerns among civil society about increased corporate influence, which could undermine WHO’s mission of promoting health for all.
Report reveals the challenges and risks of the growing indebtedness in Global South countries – interesting report by Latindadd
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