Debt, Poverty and Human Rights: How to Reform the International Debt Architecture for Global Justice

Event Type
Virtual Session

Location / Date
Online, 04.11.2025

Organizer

VENRO in co-operation with: Associação Brasileira de ONGs (Abong), Consortium of Christian Relief and Development Association (CCRDA), Voluntary Action Network India (VANI), United Nations Research Institute for Social Development (UNRISD), German Institute of Development and Sustainability (IDOS), Global Call to Action Against Poverty, Friedrich-Ebert-Stiftung, Global Policy Forum Europe (GPF)

838 million people worldwide live in extreme poverty. Extreme poverty constitutes one of the gravest violations of human rights. Expanding inclusive, shock-responsive social protection systems is essential. Yet, building such systems is highly cost-intensive. Most low- and middle-income countries are heavily indebted or face unsustainable debt burdens, leaving them with little to no fiscal space to expand social protection schemes

The event explores the interconnections between sovereign debt, extreme poverty, and human rights. Our discussion will link the outcomes of Second World Summit for Social Development to those of the outcomes of the Fourth Financing for Development Conference (FfD4). The focus will be on how the international debt architecture has to be reformed in order to lower debt burdens and increase fiscal space of low- and middle-income countries to provide social protection for the most vulnerable and marginalized people.

Hinweis

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