24
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CAFOD produces policy and research papers looking at how the global economy can work to ensure it does not deepen poverty, inequality and environmental degradation.
Even before the Covid-19 pandemic countries in the global south were not spending enough on areas such as health. Limited access to the vaccine will deepen the economic disruption and push more countries into debt crises.
Key areas of work
Through research and campaigning, CAFOD is pressuring the UK government to:
Push for debt payments to be cancelled.
Pressure private banks, asset managers and hedge fund to participate in debt relief and restructuring initiatives.
Use new finance through mechanisms such as IMF Special Drawing Rights to support institutions that will tackle the pandemic and climate change.
Pope Francis has called for us to rethink the global economy work to ensure it does not deepen poverty, inequality and environmental degradation.
CAFOD is calling for the creation of decent and green jobs: work designed in a way that gives a decent livelihood to the worker, while protecting and restoring our common home.
Through our country programmes CAFOD is committed to working with the poorest and most disadvantaged communities to support enterprise development.
Key documents
09
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2019
18
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2013
Latest news on global debt
Policy and research
CAFOD's policy team provides briefings, reports and research on our advocacy and lobbying work, plus materials to support our campaigns.
The New Debt Crisis
For the Year of Jubilee in 2025, people across the world are uniting in solidarity to demand action on the global debt crisis.