Topic: Finance and debt
UN’s humanitarian work is ‘underfunded, overstretched, and under attack
News / 19th September 2025“Underfunded, overstretched and under attack” is how the UN's top aid official has referred to the UN and the support it is providing to the humanitarian sector.
Rich countries meet only 4% of funds East Africa needs to address climate change
Report / 8th September 2025Rich countries have broken their climate finance promises to a key grouping of eight highly vulnerable African countries, according to new research from Oxfam.
UN’s lifesaving programmes under threat as budget crisis hits hard
News / 5th June 2025The UN is facing a deepening budget crisis that threatens lifesaving operations worldwide. From refugee aid in Mozambique to maternal health services in Afghanistan, critical programmes are on the brink of collapse unless urgent funding is secured.
World Health Organisation’s annual budget is the ‘equivalent to global military expenditure every 8 hours’
News / 21st May 2025The Director-General of the WHO drew a sharp contrast between its budget and global spending priorities: US$ 2.1 billion is the equivalent of global military expenditure every eight hours.
Despite Pope Francis’s wishes, there’s little appetite for richer nations to help the poorest
Blog / 28th April 2025Trump’s tariffs will make it tougher for emerging economies to service loans but debt relief has fallen off the political agenda, writes Heather Stewart.
Services to millions of people collapse as USAID cuts contracts worldwide
News / 27th March 2025U.S.-funded projects worldwide, including those providing lifesaving care for millions of people, have received termination notices sending shockwaves across the global aid community.
A landmark recognition of tax and human rights
Blog / 3rd March 2025The Committee on Economic, Social and Cultural Rights has just issued a much-awaited and historic statement: for the first time, it explicitly recognises that states must tackle inequality and guarantee rights through fair tax policies.
2025: The year we cancel debt and choose hope
Blog / 28th January 2025This year, campaigners and activists from all over the world are coming together in the biggest global movement for debt cancellation in twenty-five years, writes Wiz Baines.
Developing countries are being choked by debt: This could be the year of breaking free
Blog / 10th January 2025The resolution of the debt crisis needs a determined and organized mass movement of people—and the movement is rising. Debt distress need not be destiny, writes Ben Phillips.
Global tax on billionaires becomes possibility as Brazil's president cements G20 agreement
News / 20th November 2024A landmark call for billionaires to be taxed at a minimum rate has been agreed to in principle at the G20 summit, as all countries present endorsed the measure.