Bond responds to G7 leaders’ declaration on international partnerships
At the 2026 G7 Summit in Évian, France, that takes place this week from June 15th to 17th, leaders of the G7 members issued a joint declaration on mutually beneficial international partnerships. The declaration sets out the G7’s ambitions for reforming the development cooperation system, including by strengthening the global debt architecture and improve coordination and collaboration among all development actors.
In response, Gideon Rabinowitz, Director of Policy and Advocacy at Bond, the UK network for NGOs, said:
“We welcome the G7’s commitment to reform a global financial system that currently fails the majority of countries: including plans to expand debt restructuring for vulnerable countries outside the G20 Common Framework. However, they must go further by supporting fair and inclusive debt relief through a UN debt mechanism. The UK also has the opportunity to reform UK debt legislation at no cost to the UK tax payer. Tackling unjust debt, championing fairer tax rules, and improving the efficiency of MDBs are all crucial steps towards supporting low- and middle-income countries to have more control over their public budgets.
The G7 leaders’ statement also fails to acknowledge the backdrop of sweeping cuts to global ODA, against which these reforms are proposed. Despite accounting for around three quarters of global ODA, G7 members have led the biggest cuts to ODA on record. The G7, including the UK, must now turn words into action by championing systemic financial reforms to create fairer financial conditions for low-income countries, and by protecting ODA budgets to support the world’s most marginalised communities.”
ENDS.
Notes to Editors:
- The G7 leaders’ joint declaration is available to read here.
- For further information or interviews, please contact Emily Loynes at [email protected]
- Bond unites and supports a diverse network of over 330 civil society organisations from across the UK, and allies to help eradicate global poverty, inequality and injustice.