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MP Breifing: Climate and Debt 2021

Use this briefing to speak to your local MP about climate justice and debt cancellation

Under the radar

Private sector debt and coronavirus in developing countries The G20 must step in and compel private creditors to cancel the debts of developing countries to avoid the loss of many more lives. In the global south, coronavirus is leaving a trail of devastation - from widespread loss of life from the virus itself, to huge economic disruption that has left hundreds of millions of people, who were already struggling to make ends meet, without jobs or sufficient food. Despite this huge economic shock, many developing countries are continuing to pay off debts to rich countries, public institutions like the World Bank and IMF, and some of the richest banks and hedge funds in the world. This means they have less money to meet the immediate needs of the population. This briefing aims to shine a light on the debt owed to private creditors by five African countries - Ghana, Kenya, Nigeria, Senegal and Zambia - and it outlines the steps which the G20 needs to take immediately to avert further economic chaos. It highlights the central role of enormous financial corporations like BlackRock, HSBC, Goldman Sachs, Legal & General, JP Morgan and UBS, which have become increasingly important in the world of sovereign debt. Private creditors’ share of the foreign debts of low- and lower-middle income governments increased from 25% in 2010 to 47% in 2018.1 Multi-trillion dollar asset manager BlackRock alone holds close to US$1 billion of ‘Eurobonds’ in Ghana, Kenya, Nigeria, Senegal and Zambia through a number of funds.

Keeping the SDGs on track

Detailing how the three basic SDG principles can be put into practice by improving accountability mechanisms under the High Level Political Forum .

Modern day slavery: what is it?

Modern slavery is one of the most discussed human rights issues of our time, but what really is it? Download this guide from the Salt Business Network. 

World Bank & IMF briefings

Read our briefing papers ahead of the World Bank Group's 2019 Spring Meetings The Big Shift Needed for Climate Justice A Just Global Economy Leave No One Behind? From Violence to Peace

Financing Injustice

We need a radically different and rebalanced financial system which ensures that the very poorest are included and actively supported to thrive, and in which developing countries have an equal say in making the rules governing the global economy. This briefing looks at progress towards the Sustainable Development goals (SDGs), financing for development, private finance and alternatives, and good investment.  Download a Spanish version here

Supporting small businesses in developing countries: briefing paper

Which programmes work and why? How governments and donors can better support inclusive economic development.

Delivering for women and girls: role of gender responsive budgeting

This briefing lays out our recommendations for budgeting, which champions the rights of women and girls.

Signposts to Copenhagen 6: integrating adaptation

One of series of short briefing papers presenting what we believe are the top issues for COP 15 in Copenhagen.  

Humanitarian briefing paper - Ebola crisis (2014)

This briefing outlines the global health crisis posed by the Ebola outbreak, its impact and the action needed to curtail the growing crisis.  

How to implement values-based business models

Download this briefing from the Salt Business Network outlining how to create a values-based business model.