Responses to the G20 summit
World governments urged to do more to end the financial and economic crisis
A group of policy experts, convened by Bond and Bretton Woods Project have published an assessment of the decisions made by the G20 in April and set out what world leaders must still do to lift the world out of recession and secure a fairer, greener future.
As attention turns to other meetings, pressure is building on world governments to take action for the growing tens of millions of people worldwide the crisis is pushing into extreme poverty, to do more to offer help to the millions of workers now unemployed who are desperate to get back to work, and to begin the transition to a green world economy that could help prevent further catastrophic climate change.
In the analysis of the London G20 Summit - Beyond the London Summit: Assessing the UK Government's Response to the Financial Crisis and Charting a Way Forward - the organisations would like to see action in a number of areas including:
- a new multilateral tax information exchange agreement that would help developing countries
- all aid promises made to date fulfilled and an end to harmful conditions attached to aid from institutions like the IMF and the World Bank
- reform of the financial system (especially in the UK) so that all financial firms, markets and products are not just registered, but properly regulated
- the creation of a green recovery by investing more in green jobs and green industries, rather than in projects that damage the environment
Below is a selection of Bond member reactions to the G20 Summit Communique:
Other partners' reactions
