Unprecedented call for reform of global finance to fix debt & climate crises – Project Everyone letter
Retrieved on:
月曜日, 4月 15, 2024
Education, World Bank, Climate change, Food, African, International Monetary Fund, Republic, Oxfam, Health, Hunger, KondZilla, History, Sustainable development, International, Save the Children, Biodiversity loss, Poverty, One Campaign, Sustainable Development Goals, IMF, International Rescue, International Development Association, Former, Letter, G20, Signature, Cryptocurrency
The letter is being published ahead of World Bank and IMF Spring Meetings and builds on calls for global public finance reform led by Barbados Prime Minister Mia Mottley, Kenyan President William Ruto, and French President Emmanuel Macron.
Key Points:
- The letter is being published ahead of World Bank and IMF Spring Meetings and builds on calls for global public finance reform led by Barbados Prime Minister Mia Mottley, Kenyan President William Ruto, and French President Emmanuel Macron.
- It urges rich countries to triple their investment in multilateral development banks, end crippling debt, and make polluters pay for the environmental damage they cause.
- “The institutions of world finance have lost their muscle,” the letter reads.
- Climate change has brought untold suffering to our people through loss of infrastructure and arable lands, leading to incessant hunger.