Global Austerity Alert: Looming Budget Cuts in 2021-25 and Alternatives

Last week Ministers of Finance met virtually at the Spring Meetings of the International Monetary Fund (IMF) and the World Bank to discuss policies to tackle the pandemic and socio-economic recovery.

Studying Marine Life’s Brief Break from Human Noise

Travel and economic slowdowns due to the COVID-19 pandemic have combined to brake shipping, seafloor exploration, and many other human activities in the ocean, creating a unique moment to begin a time-series study of the impacts of sound on marine life.

UN’s Most Powerful Political Body Remains Paralyzed Battling a New Cold War

A new Cold War – this time, between the US and China —is threatening to paralyze the UN’s most powerful body, even as military conflicts and civil wars are sweeping across the world, mostly in Africa, the Middle East and Latin America.

COVID-19 Teaches Us to Better Manage Global Systemic Risks

Millions of lives lost. Trillions of dollars in economic damage. Over 120 million more people pushed into extreme poverty. The human and economic toll of the COVID-19 pandemic is almost unimaginable – a once-in-a-century catastrophe.

Profound Reform or Redundancy – United Nations’ Quandary?

Three recent developments bring about again the reasoning on the dire need to immediately reform the United Nations (UN) and avoid its predictable slide to redundancy.

New Report Calls for Improved Eating Habits in a World of Extremes

With the two extremes of global hunger and obesity on the increase, a new report suggests a radical reset for food and nutrition to ensure the long-term sustainability of livelihoods and the environment.

Only Multilateral Cooperation Can Stop Harmful Tax Competition

US Treasury Secretary Janet Yellen has urged all governments to support a global minimum corporate tax rate of at least 21%. The US is working with other G20 nations to get other countries to end the “thirty-year race to the bottom on corporate tax rates”.

Barilla Foundation Brings Health and Climate Together in New Double Pyramid

Following an extensive scientific review, the Barilla Center for Food and Nutrition Foundation (BCFN) is preparing to launch a new food systems model which incorporates nutrition and climate.

The UN Security Council and the “New US-China Cold War”

Commentators talk about a “new Cold War” between the United States and China. They sometimes conclude that the geopolitical rivalry between these two major powers has ruined the effectiveness of the UN Security Council through hostile vetoes and other barriers to Council action.

In the Secretive World of Government-to-Government Lending, 100 Chinese Debt Contracts Offer a Trove of New Information

Is Chinese financing good for developing countries? This has become a provocative question, freighted with ideology, geopolitics, and commercial rivalries. That doesn’t mean it isn’t worth trying to answer factually and empirically.

The Invisible Women in Energy: Biomass Producers Who Deserve More Recognition

As the world looks to address issues of gender equity, development and climate change, the importance of increasing the participation of women in the energy sector is gaining attention. To date, this topic has generally been framed around the underrepresentation of women in the energy workforce.

Overcoming COVID-19: World Leaders Must Finance a More Equal World to Beat Pandemics

Leaders at this year’s World Bank/IMF Spring Meetings (April 5-11) will determine how best to recover from one of the biggest crises the institutions have faced since their founding in 1944—COVID-19’s impact and its economic aftermath.

A Post-COVID-19 Recovery will not be Possible if Water, Sanitation & Hygiene are not High on the Agenda

This World Health Day, G20 finance ministers will meet in Rome, Italy, to discuss how they will build back from the pandemic. The global economy is and concerted effort, coordination and imagination is needed to enable not only a worldwide recovery but also to ensure that the world’s poorest people are not left behind.

On World Health Day, a Call for Equity, Justice & the End of Paternalism

The past year has forced many of us to address difficult truths about how we treat and take care of each other — among them is a reckoning with racism and injustice.

Transforming Global Food Systems
Jose Graziano da Silva on the Path to Zero Hunger

The battle for the future of food has grown contentious, and José Graziano da Silva has become a lightning rod for criticism. In 2014, as Director General of the United Nations Food and Agriculture Organization (FAO), he presided over the institution’s first International Agroecology Symposium, opening what he called “a new window in the Cathedral of the Green Revolution.” The FAO has since then formalized support for “Scaling Up Agroecology” while continuing to promote the kinds of chemical-intensive agriculture associated with the Green Revolution.

Disability Discrimination at the World Bank: Is it Immunity or Impunity?

The 15,900-strong World Bank, which has funded over 12,000 development projects worldwide since 1947, is an international institution with a superlative reputation for its sustained efforts to end poverty in the developing world—with loans, interest-free credit and outright grants.

IMF, World Bank Must Support Developing Countries’ Recovery

The COVID-19 pandemic continues to take an unprecedented human and economic toll, wiping away years of modest and uneven progress towards the Sustainable Development Goals (SDGs). Developing countries now need much more support as progress towards the SDGs was ‘not on track’ even before the pandemic.

Three Ways the US Can Promote Equity in Ending the COVID-19 Pandemic Globally

As richer western nations continue hoarding COVID-19 vaccines to the detriment of poorer nations, there is some light on the horizon. On April 15, 2021, the U.S. will join the Global Vaccine Alliance (GAVI) and co-host the launch of the Investment Opportunity for COVAX Advance Market Commitment.

Should the 2021 Climate Summit in Glasgow Still Take Place?

Among the COVID-19 pandemic’s many damaging impacts, could a halt to international progress on environmental issues be added to the list?

UN Leadership Necessary for Fairer Tax Cooperation

Illicit financial flows (IFFs) hurt all countries, both developed and developing. But poor countries suffer relatively more, accounting for nearly half the loss of world tax revenue. IFFs refer to cross-border movements of money and other financial assets obtained illegally at source, e.g., by corruption, smuggling, tax evasion, etc. This often involves trade mis-invoicing and transnational corporations’ (TNCs) transfer pricing via ‘creative’ accounting or book-keeping.

Generation Equality: Women’s Leadership as a Catalyst for Change, Say 49 UN Women Envoys

March, women’s history month, closes with the Generation Equality Forum in Mexico and against the background of significant setbacks on the empowerment of women caused by the COVID-19 pandemic.