G20: Rich, powerful states must ensure COVID-19 recovery measures tackle global poverty, inequality, and the climate crisis

COVID-19 has exposed the glaring inequalities that exist in our world. If we are to build resilience to future crises, we need to make long-term structural changes that will require courage and leadership from G20 countries. The flawed priorities of the rich and powerful have led us to a state of global emergency. G20 countries must break with the past by investing in people and human rights, leading the way to a just, sustainable and inclusive recovery.

Rich countries must allow poor countries to concentrate on fighting COVID-19.

“The G20 should cancel the debt owed by the world’s poorest countries for at least the next two years, freeing up resources for countries to respond to the COVID-19 pandemic”.

Alfred Yambo

The poorest 77 countries will spend nearly $85 billion in debt repayments in 2020 and 2021. About 40% of this is owed to rich countries, and the remainder to international institutions and private lenders. There are at least 64 poor countries spending more on debt repayments than on public healthcare. This is very sad and must change immediately!

Let us be sensitive to each other.

Published by Lavine

"Do unto me as you would have me do unto you".

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: