Proposals for a new global financial architecture to end poverty and save the planet

Limiting climate change requires annual investments in emerging and developing countries, excluding China, to grow by around USD 3-4 trillion by 2030. That means commitments are needed to the field of Multilateral Development Banks, rechanneling Special Drawing Rights, global taxes and a debt pause. A discussion is needed on new issuances of Special Drawing Rights, expansion of the global safety net, democratizing global governance, debt contracts and a global carbon coin.

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