On the Global Day of Action, we came together to demand action on unjust debt:
As the world is confronted by multiple, overlapping and escalating crises – climate breakdown, deepening poverty, rising inequalities, crushing debt burdens, and shrinking democratic spaces – we are all faced with two related challenges:
- Mobilising urgently needed financial resources at the necessary scale and speed and in ways that are just, equitable, and accountable – not only to survive the multiple crises but to build a new and better world, and
- Making profound changes in the international financial system not only to mobilise finance but to stop the enormous and continuing haemorrhaging of wealth and natural resources from the Global South to the Global North. If this is not stopped, mobilisation of finance for the Global South will have little impact.
Now more than ever, our solidarity and collective action are needed. This world is ours; we must escalate our fights to reclaim it, defend our rights, rise for justice, and change the system so that the needs, interests, rights, and aspirations of peoples everywhere are prioritized over the profits of corporations and the excess of elites.
This June, governments will gather for a series of meetings, beginning with the UNFCCC Intersessionals in Bonn, Germany, the G7 Summit in Canada, and concluding with the 4th UN Financing for Development Conference in Seville, Spain. We must seize this moment to demand the delivery of finance and the transformation of the international financial system – for reparations, economic justice, and climate action.
Our world may be in crisis, but together, we can build the power needed to address immediate demands and pursue systemic change at the local, national, and global levels.
Join us on Saturday 28th June on the Southbank in London.