Is the Debt Crisis killing the SDGs? Join GCAP side event at the HLPF 2024 Thursday July 11th, 2024

The debt crisis has immense negative impact on the sustainable development goals (SDGs). Countries are forced by International Monetary Fund (IMF) and World Bank to reduce social expenditures – including health, education, and social protection. Also, investments in environmental protection, climate change adaption and mitigation can’t be financed anymore because of high debt services. There is a need for another international debt architecture – respecting human rights – and ways to finance the SDGs in a just way.

GCAP in cooperation with partner organisations organizes an online side event — Is the Debt Crisis killing the SDGs? — at the High-Level Political Forum (HLPF) on Sustainable Development.

Date: 16 July 2024 (Tuesday)

Time: 10 – 11.30 AM New York Time (2 – 3.30 PM GMT)

Venue: Zoom

Registration Link: https://us06web.zoom.us/j/89518047370  

Download concept note and draft agenda: https://tinyurl.com/4tdkn93e 

Interpretation: French and Spanish interpretation

Draft Agenda

  • Welcome and Introduction: Pradeep Baisakh, GCAP
  • Moderation: Ingo Ritz, GCAP
  • Debt situation in the world with focus on LAC: Patricia Miranda, LATINDADD
  • How has debt affected social protection in African countries: Jane Anyango, GCAP Kenya
  • Impact of debt on SDGs in Asian countries: Mae Buenaventura, Asia People’s Movement on Debt and Development (APMDD)
  • Debt situation in Sri Lanka: Ermiza Tegal, Yukti Debt Justice Collective
  • Role of global accelerator to fund social protection: Samuel Obara, Africa Platform for Social Protection
  • Bridging gap in ODA to finance SDGs in LDCs:Dr Arjun Karki, Global Coordinator, LDC Watch

About HLPF:

The annual High-Level Political Forum (HLPF) on Sustainable Development commenced at the UN headquarters in New York on July 8. This year’s forum will center on the theme: Strengthening the 2030 Agenda and eliminating poverty amidst multiple crises: ensuring the effective implementation of sustainable, resilient, and innovative solutions.

GCAP is co-organising four events at the HLPF.

Read GCAP Newsletter for more information.

 

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