Topic: Finance and debt
The 1.5 degrees celsius target from Paris (probably) died on November 5th
Article / 15th November 2024In the wake of Trump's return as US president, other nations can - and must - work together and share their resources if we are to avoid a worst scenario for the climate, writes Felix Dodds and Michael Strauss for IPS news.
International financial system ‘not fit for purpose’ to address catastrophic debt crisis: UN poverty expert
News / 21st October 2024The international financial system is failing to address the catastrophic debt crisis that is engulfing developing countries and causing misery for hundreds of millions of people, according to the UN’s poverty expert.
World told act now or face 136 years of hunger, report warns
Report / 18th October 2024High levels of hunger will continue for another 136 years in many developing countries, according to a new report assessing global hunger.
It’s time for rich polluters to pay for the climate crisis they created
Blog / 3rd October 2024Rich countries, whose emissions have fueled the climate crisis, must step up and take the lead. It’s time for rich polluters to pay for the destruction they’ve caused, writes Hilda Flavia Nakabuye.
World’s top 1% own more wealth than 95 per cent of humanity
Report / 27th September 2024Over a third of world’s biggest 50 corporations - worth $13.3 trillion - now run by a billionaire or has billionaire as a principal shareholder, according to new analysis.
'Words are not enough': UN Pact for the Future must lead to action, climate groups say
News / 24th September 2024The world's nations agreed on Sunday to pass the "potentially game-changing" Pact for the Future, drawing praise from climate groups but also warnings that its abstract, generalized reforms must lead to concrete action.
‘Failing the stress test’: UN chief calls for global finance overhaul
News / 20th September 2024The United Nations is calling for an overhaul of the entire international financial system to reduce inequality and improve people’s lives. Read more about the upcoming 'Summit of the Future' conference.
Why we need an OPEC for critical mineral producing nations
Blog / 23rd August 2024The most important UN panel you’ve never heard of will agree on a set of principles that could make or break the low carbon transition this week, writes Ketakandriana Rafitoson and Nick Dearden.
Let’s abolish the colonial IMF on its 80th birthday
Blog / 23rd August 2024From Kenya to Pakistan, protesters want the International Monetary Fund to stop exploiting countries in debt crisis, writes Arthur Larok.
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
News / 5th August 2024The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250bn a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.