Can an IMF-Managed Trust for SDRs Deliver Inclusive & Sustainable Recoveries?
Livestream HERE
Special Drawing Rights (SDRs), the special reserve currency of the International Monetary Fund (IMF), have the potential to become a key mechanism for financing a just transition to climate-resilient economies and supporting the COVID-19 recovery. Following its historic allocation of $650 billion in SDRs in August 2021, the IMF has proposed a Resilience and Sustainability Trust (RST) to facilitate the re-channeling of these resources to vulnerable countries.
As a part of the 2022 IMF and World Bank Spring Meetings Civil Society Policy Forum, a panel co-hosted by the [...]
Do we need a pandemic treaty? A CSO perspective. Preliminary findings of a G2H2 study.
While the world is reeling in the second year under the devastating impact of the COVID-19 pandemic, and the Global South finds itself subjected to the new form of global inequality enshrined in the patently flawed vaccine distribution strategy, a new initiative has been spearheaded by the EU leadership, and supported by the WHO Director General and a relatively small group of countries, to negotiate a pandemic treaty for the future pandemic preparedness and response.
The Geneva Global Health Hub (G2H2) is currently mapping this complex proposal and its ultimate goals and implications in [...]
Sustainable solutions to debt crises: The role of UNCTAD
This side-event at the UNCTAD XV Civil Society Forum discusses UNCTAD's work on debt crisis prevention and resolution. Participants are invited to identify UNCTAD's strengths and areas where there is room for growth, and express their expectations towards UNCTAD's work on debt on debt issues in the period following UNCTAD XV, an era in which global debt levels have reached record highs due to the Covid-19 crisis.
Participants:
- Bodo Ellmers, Global Policy Forum (Moderator)
- Attiya Waris, UN Independent Expert on Foreign Debt and Human Rights
- Yuefen Li, The South Centre
- Anahi [...]