Media Centre
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ONE urges the G20 to be more ambitious with their Common Framework proposal
As G20 Finance Ministers gather for the last time this year, Dr David McNair, ONE’s Global Policy Director, warned time is running out for the world’s poorest countries. Following Zambia’s default on its debt repayments over the weekend, and a disappointing statement from the G20 previewing their “Common Framework for Debt Treatments beyond the DSSI”,…
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ONE reacts to Moderna COVID-19 vaccine trial
Reacting to the new Moderna vaccine trial being nearly 95% effective, Jenny Ottenhoff, Senior Policy Director at the ONE Campaign said: “This is extremely good news, but the fight to end the pandemic is far from over. Warning signs are clear that the world’s richest countries have already secured over half of the anticipated supply…
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“A LOSE-LOSE SITUATION” – ONE RESPONDS TO ZAMBIA’S DEFAULT
In response to the news that Zambia will become the first African nation to default on its loans since the pandemic, Edwin Ikhuoria, ONE’s Africa Executive Director, said: “Zambia may be the first country to default on its debt since the start of the pandemic, but it certainly won’t be the last if international creditors…
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“UTTERLY DISAPPOINTING” – ONE reacts to the G20 Common Framework
Following the news that the G20 countries have endorsed the Common Framework, Dr David McNair, ONE’s Global Policy Director, warned the agreement lacked ambition. He said: “Today’s announcement is utterly disappointing. The Common Framework could have changed the game for countries navigating the impossible choices between repaying their debt or fighting the COVID-19 pandemic, especially…
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ONE reacts to new deal on the EU’s long term budget
Following the latest round of talks between the European Parliament, the Commission and the Council, EU decision-makers reached an agreement worth €16bn on the EU’s next long-term budget, increasing the envelope decided by heads of state or government at their summit in July. ONE’s sources confirmed that this includes an increase of €1bn for the…
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ONE Campaign reacts to World Bank Annual Meeting
WASHINGTON — In response to today’s announcement by the World Bank that it will consider issuing a supplemental of emergency COVID-19 relief, The ONE Campaign released the below statement on the Bank’s decision to not suspend debt service payments for the world’s poorest countries — a critical tool that could help the world’s most vulnerable…
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“IT DIDN’T GO FAR ENOUGH” – ONE response to the G20 Finance Ministers meeting
Following today’s announcement that G20 Finance Ministers and Central Bank Governors decided to extend the debt service suspension initiative for the world’s poorest countries until the end of June 2021, and agreed in principle a new Common Framework approach, the ONE Campaign highlights the crucial need to suspend debt payments until the end of 2021. Dr David McNair, ONE’s Executive…
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World’s poorest countries fighting COVID-19 with both hands tied behind their backs
New analysis from the ONE Campaign warns that the world’s poorest countries could be denied $51 billion to help fight COVID-19 if international creditors refuse to offer a temporary debt service standstill during next week’s G20 and IMF/World Bank Annual Meetings. The anti-poverty organisation highlights that the world’s poorest countries are dealing with a two-pronged…
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ONE responds to news that COVID-19 may push 150 million people into extreme poverty
In response to the World Bank’s Poverty and Shared Prosperity 2020: Reversals of Fortune report that COVID-19 may push 150 million people into extreme poverty, Gayle Smith, CEO and President of the ONE Campaign, said: “This report is yet another stark reminder that the pandemic will continue to wreak its worst on the world’s most…
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Global crises demand strengthened cooperation and solidarity
The ONE Campaign, Climate Action Network (CAN) Europe, CONCORD, Cooperatives Europe, the European Network of Political Foundations (ENoP), The Human Rights and Democracy Network (HRDN), the European Peacebuilding Liaison Office (EPLO) and VOICE call on EU leaders to reverse cuts to EU budget funds for partner countries and reinforce solidarity with crisis-affected people. Ahead of…
