EnglishالعربيةEspañolFrançaisPусский
BIC | Bank Information Center Photo Photo
Update

Debt and climate change dominate G8 Summit

Learn civil society perspectives on climate change and the G8 debt cancellation proposal, and find out how to act.

Civil society groups highlight limitations of G8 debt relief proposal

The G8 multilateral (IFI) debt cancellation proposal represents a positive step forward, particularly in that it foresees cancellation of World Bank, IMF, and African Development Bank debt. However, several civil society groups raise concerns about the harmful impact of continued conditionality for indebted countries. The proposal does not ensure that the people of the Global South will regain control over economic decisions that affect their lives. Groups also critique the selection of countries slated for debt cancellation and the range of debts covered.

Read analysis from several organizations on the home page update on www.ifiwatchnet.org


Campaigners call for strong stand on climate change

With growing evidence of human-induced climate change, the dangers of its impacts are increasingly alarming. G8 countries are responsible for 65 per cent of historical global emissions. Civil society groups are calling on these countries to make significant cuts in their current greenhouse gas emissions.

How to act

More information


Digg!

See also

Africa U.S. Government Oversight

Print this pageEmail this page


Regions

Africa Asia Europe/Central Asia Latin America Middle East and North Africa

Stay Informed!

Sign up for our e-newsletters.

SignUp

Last updated 01 December 2008
© 2008 Bank Information Center

Website content may be freely reproduced as long as BIC is credited as the source.

Site by CaudillWeb