Category: Blog

Debt Crisis & Illicit Financial Flows

This GPW Round Up #1, entitled “The Debt Crisis and Illicit Financial Flows” looks at the UN Secretary-General’s proposals in his report Our Common Agenda to address this crisis, starting with a Biennial Summit between the G20, ECOSOC and IFIs, and asks “Does Our Common Agenda provide solutions?” Read more

Building Back Better? Dubious Strategies to close the SDG Financing Gap

By Isadora Jahanfar Tholin
With less than eight years left to 2030, countries around the world are struggling to even come close to fulfilling the Sustainable Development Goals (SDGs) and a huge part of why has to do with financing. More specifically, USD 3.3-4.5 trillion per year is needed to close the so-called financing gap. There are several reasons why this massive gap exists. Read more

Global Health & Private Sector Partnerships at the UN: The COVID-19 Private Sector Global Facility

By Elena Marmo
The COVID-19 crisis continues to have profound consequences across all sectors of society. Following the initial worldwide shutdown and resulting economic crisis, governments were forced to respond quickly to the virus, while also addressing the profound socioeconomic impacts—widespread job loss, inadequate social protection systems, and industries on the brink of collapse. Read more

PRESS RELEASE: Launch of Spotlight on Sustainable Development 2021

This year’s Spotlight on Sustainable Development Report describes the highly uneven socio-economic impact of the COVID-19 crisis and analyses the policy responses to it. It explores beyond the rhetoric, highlighting deepening inequalities, self-serving and hypocritical policies and governance failures at national and international level.
Addressing the imbalance in global vaccine production and distribution, the report also examines a few key areas where political and structural changes are necessary to correct the limited and asymmetric recovery. Read more

Feminists for a People’s Vaccine Campaign

The Feminists for a People’s Vaccine Campaign for equitable, accessible, and affordable COVID-19 vaccines, drugs, therapeutics, and equipment—Access to Medicines or A2M for short.
The FPV Campaign brings the unique perspective of feminists from the Global South and our partners and allies in the North to challenge the causes and consequences of extreme inequalities in access to medicines. Read more

LDCs present VNRs at the HLPF (13–15 July 2021)

By Barbara Adams and Tejaswini Vavilala
The second PrepCom session will take place on 26-30 July 2021 and will launch negotiations on the Programme of Action for LDCs for the next decade, a decade that coincides with the last decade of the 2030 Agenda for Sustainable Development.
This is the last HLPF before the Doha conference / LDC5. During the HLPF Ministerial segment of the HLPF, eight LDCs will present their Voluntary National Reviews (VNRs), making a total of 53 LDC VNR presentations over the last six years, many by countries for the second, and some for a third, time. Read more

Mismeasuring foreign aid

By Simon Scott and Hedwig Riegler
DAC members as a group have never got near meeting the ODA target, but for political reasons they have also never dared to abandon it. Their unfortunate solution to the conundrum has been a series of dubious rule changes that weaken ODA’s concessional nature and therefore help donors look as if they are spending more without really doing so. Read more

Broad consensus, paltry results. The UN Forum on Financing for Development 2021

By Bodo Ellmers
The UN Forum on FfD 2021 was the first FfD forum held as planned since the outbreak of the COVID-19 crisis. Accordingly, the expectations were high. Development finance is currently facing a triple challenge: to mitigate the humanitarian crisis, funds for an acute crisis response are needed – for example, to finance universal access to vaccines through the COVAX-facility, or for social protection measures. To mitigate the further divergence between countries, resources must be made available for economic stimulus programmes in the Global South that match those of the Global North. To prevent the failure of the Agenda 2030, the SDG financing gap that already existed before the COVID-19 crisis and has widened as a result of the crisis must be filled. The UN FfD Forum 2021 was a pivotal moment on the international policy calendar to take the necessary steps. Read more