Economy & Trade

GLOBAL TAX TREATY: ‘Without Sustained Pressure from Organised Movements, the Political Space to Win Simply Doesn’t Open’


 
CIVICUS discusses a proposed United Nations (UN) tax treaty with Jenny Ricks, General Secretary of Fight Inequality Alliance, a global movement that organises to counter the concentration of power and wealth in the hands of a small elite.

Fiscal Reform Needs More Than Strong Finance Ministries

In the human body, connective tissue rarely gets the attention given to the heart, lungs or brain. But without it, even the strongest organs cannot function as a system. It binds, supports and connects a healthy body. Fiscal systems work in a similar way.

UNICEF: Overlapping Climate Hazards Threaten Children’s Quality of Life

A new report from the United Nations Children’s Fund (UNICEF) highlights the vast, overlapping climate threats affecting children worldwide, which is leaving them increasingly vulnerable to escalating risks across health, security, and education.

From Victoria to Mombasa: Will Africa’s Ocean Voice Be Heard?

Tomorrow, Africa hosts the Our Ocean Conference on its own shores for the first time, in Mombasa. This is more than a diplomatic milestone. It is a test of whether we, as Africans, are prepared to safeguard our ocean as a shared heritage and a pillar of our future prosperity.

World Cup Preparation Scores a Goal against the Environment

The construction of an elevated pedestrian bridge connecting central and southern Mexico City –one of roughly 2,000 urban works tied to the 2026 FIFA World Cup, began last October, and, with only days to go before the tournament's kickoff, remains unfinished.

How the G7 Can Reset Global Finance

When G7 leaders arrive in Evian-les-Bains this month, France will host more than another summit. It will host a test of whether rich-country coordination can still solve problems that no country can manage alone. Aid budgets are shrinking, debt-service bills are crowding out investment, climate shocks are damaging infrastructure, and private capital remains scarce and expensive where it is needed most.

Erdoğan’s Race to Avoid Orbán’s Fate

When Hungary’s Prime Minister Viktor Orbán lost by a landslide to a unified opposition in April, Turkey’s President Recep Tayyip Erdoğan was watching. The lesson he drew was not that he should be more moderate; it was that he needed to crack down harder. He had already arrested Istanbul Mayor Ekrem İmamoğlu, the opposition Republican People’s Party (CHP)’s leading presidential contender, in March 2025. After Orbán’s defeat, he has accelerated his campaign to fracture the opposition and rewrite the rules before the next election in 2028.

Health Emerges as a Strategic Frontline for Africa Ahead of Bonn Climate Conference

Africa contributes the least to global greenhouse gas emissions, yet it faces some of the world's most severe climate-related health impacts. Several realities define the continent's climate and health landscape – increased infectious diseases, air pollution, death, disruption and pressure on health systems through heatwaves, floods, droughts and storms.

Africa Needs a Radical Plan to Tackle 15M Youth Job Crisis

Africa has no problem with ideas, but the struggle is in how to  implement them, leaders said at an inaugural forum convened to promote action on development.

Ocean Economy Reaches $2.5 Trillion as Services Become the Largest Share of Ocean Trade

The global ocean economy continues its expansion, with ocean-related trade reaching USD 2.5 trillion as of 2025. Ocean services now make up the majority of the ocean trade, accounting for 58.9 percent of the composition, up from 47.8 percent in 2020.

Africa Pushes for Data Sovereignty and Digital Independence

African leaders are sharpening their focus on digital sovereignty, warning that the continent’s economic future will depend not just on connectivity, but on who controls its data—and where it is stored.

Papua New Guinea Bets on Indigenous Communities to Protect 700,000 Hectares of Highlands

The Global Environment Facility (GEF) has approved USD 6.4 million for a new conservation initiative in Papua New Guinea that seeks to protect 700,000 hectares of critical highland ecosystems by placing Indigenous Peoples and local communities at the centre of conserving and managing their ancestral lands.

The World Cup of Human Rights

This planet’s biggest sporting event—the FIFA Men’s World Cup—will soon kick off. Millions of people around the world will sit up, bleary eyed, watching matches at unreasonable hours and inventing feeble excuses for why we won’t be at work in the morning. More than one billion are expected to watch the finale on TV in mid-July. That’s a bigger audience than any Olympic sporting event and more than the number of people who have viewed Squid Game on Netflix.

Fossil Fuel Wealth Fails to Deliver Development in Africa – Report

A new report examining the economic impact of oil and gas production in Africa has found that fossil fuels have failed to deliver sustained or inclusive economic development, observing that the resources have contributed to economic vulnerability and inequality and have constrained growth through prohibitive commodity prices, inflation, and weak local currencies.

Central Asia Bets on a New Water–Land Pact to Survive Environmental Degradation

As ministers, diplomats and development officials assembled in Samarkand Congress Centre for a ceremonial family photograph, the mood carried unusual symbolism. Behind the smiles and formalities stood a region confronting a harder reality: rivers are shrinking, soils are tiring, temperatures are rising, and the old ways of managing land and water are no longer working.

UN Urgently Calls for Increased Aid in Yemen Following IPC Warnings of Food Insecurity

In Yemen, increasing funding constraints on humanitarian operations have put millions of civilians in dire need of life-saving assistance amid overlapping crises. Acute food insecurity is a persistent issue, as recent reports from the Integrated Food Security Phase Classification (IPC) give a stark warning of conditions without urgent intervention.

India: How a Tool Bank Beats Poverty in Rural Maharashtra

Dharashiv is one of the poorest districts in the western Indian state of Maharashtra. Located in the semi-arid region of Marathwada, it has no major river and is not blessed with good reservoirs.

Violence, Climate Shocks, and Hunger Push The Sahel To The Brink of Collapse

Over the past few years, the humanitarian crisis in Africa’s Sahel region has expanded considerably, largely driven by a surge of violence—particularly in the Central Sahel. Although the crisis has been described by the United Nations (UN) as having “largely faded from the headlines” since its wake in 2012, millions of people across the region are in dire need of humanitarian assistance as civilian displacement, climate shocks, and widespread hunger rapidly spill across borders.

World Bank Enables Corruption in Bangladesh

The World Bank considers corruption a major obstacle to eradicating global poverty. The Bank officially has a zero-tolerance policy against fraud and corruption in its projects. Concerned with widespread corruption in Bangladesh, the Bank and the Government agreed on the Governance-oriented Country Assistance Strategy (GCAS) in 2006 and the Bank’s subsequent Country Partnership Strategy (CPS) ostensibly has been more selective on governance and anti-corruption (GAC) issues. Ironically, however, the Bank’s funding enables corruption. The Bank’s recent decision to advance a US$350 million loan allegedly for enhancing energy security is a glaring example.

Billions Lost as Secret Financial Networks Fuel Forest Destruction in Brazil and Cameroon

A new report has found that billions of dollars linked to illegal deforestation are flowing through global supply chains, with secrecy around land ownership and company records helping timber, soy, and beef products enter international markets unchecked.

Make Last Sprint Towards 2030 a ‘Turning Point’ for Nature Finance, Eighth GEF Assembly Told

"While pressures on public budgets are growing and geopolitical tensions rising, it can be tempting to see environmental finance as optional. It is not,” GEF Interim CEO and Chair Claude Gascon told the closing plenary of the Eighth GEF Assembly in Samarkand, Uzbekistan, today.

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