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Lending levels to the most impoverished countries in the world have tripled, ten years after the G7 finance ministers agreed a debt cancellation deal for low income countries.
Jubilee Debt Campaign has joined a call by more than 30 organisations across Asia for Nepal to receive immediate and unconditional debt cancellation.
Figures calculated by the Jubilee Debt Campaign, based on recent data from the World Bank show that loans to impoverished countries have almost tripled since 2008.
Startling new research has found that debt burdens in impoverished countries have increased significantly since the debt cancellation of the 2000s.
Indigenous peoples are key to preserving the world’s forests and conservation reserves, according to a new study from the World Bank.
UK money will be used for a ‘climate loan’ to Jamaica, increasing its already heavy debt burden, following a decision by the World Bank.
Campaigners have warned that the rumoured 50 per cent write-down in Greece’s debt not enough to get out of debt and austerity trap.
Christian Aid has backed a call for countries to exchange data about who owns companies, bank accounts and financial assets within their borders.
British MPs’ demands to withhold money from the World Bank unless it stops financing new, dirty coal power stations has been welcomed by Christian Aid.
A new report calls on policy-makers to investigate why food price rises have in recent years begun to mirror the level of investment in food futures.