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Australia’s Pacific financing plan not fit for purpose

Latest News, Aid and development, Sustainable economies

Release Date: 28 Nov 2022

Australia’s $4 billion program to fund new infrastructure in the Pacific lacks transparency, is failing to support the region's greatest needs such as climate adaptation/loss and damage and poverty alleviation, and risks driving extractive development in the region, according to a new report by environmental and human rights organisation Jubilee Australia Research Centre.

Storm brewing over Pacific as climate and debt crises collide

Climate Justice, Changing PNG’s development path, Sustainable economies, Drop the debt

Release Date: 04 Oct 2022

The Pacific region is facing a perfect storm of climate change induced disasters and skyrocketing debt burdens as communities are still reeling from the shocks of COVID-19 and the international cost of living crisis, according to a new report. This could lead to unprecedented economic instability in Australia’s neighbourhood without immediate intervention.

Pacific Islands demand debt solutions from creditors

Latest News, Sustainable economies, Drop the debt

Release Date: 04 Apr 2022

Pacific Island nations are facing a serious debt crisis worsened by the pandemic and the resulting shutdown of the tourism industry. Jubilee has published a report about it alongside our partners ahead of this week’s Pacific debt conference in Suva, Fiji.

Civil society raises alarm amid reports Australia pushing Asian Development Bank to keep funding fossil fuels

Climate Justice, Changing Australia, Aid and development, Sustainable economies

Release Date: 06 Oct 2021

35 civil society organisations, including Jubilee Australia and ActionAid Australia, have written an open letter to the Australian Government urging it to support the ADB’s transition away from financing and supporting fossil fuel projects to align with the goals of the Paris Agreement.

G20 Ignores Cries for Support From World’s Poorest Countries

Sustainable economies, Drop the debt

Release Date: 15 Oct 2020

Australian civil society organisations ActionAid and Jubilee Australia condemned G20 Finance Ministers who failed to extend a lifeline to the world’s poorest countries despite the clear need for debt cancellation, as they struggle to respond to the urgent humanitarian crisis brought on by COVID-19.

The World Bank’s Health Response to COVID-19 Pandemic

Climate Justice, Sustainable economies, Drop the debt

Release Date: 15 Oct 2020

This week, as the IMF and the World Bank hold their Annual Meetings, Jubilee has released a new research paper about the World Bank’s response to the COVID pandemic. The World Bank’s Response to COVID-19 is the first in a new Occasional Paper Series by Jubilee Australia.

New Report Calls for a Dramatic Change from Extraction to Inclusion for Real Development in Papua New Guinea

Changing PNG’s development path, Sustainable economies, Illegal logging, Protect customary land

Release Date: 06 Oct 2020

Oakland/Port Moresby/Sidney—With the release of a new report today, ACT NOW!, Jubilee Australia, and the Oakland Institute, call for an urgent change of course from political leaders in Papua New Guinea. The report, From Extraction to Inclusion, analyses the country’s economic and development performance since its independence in 1975.

Billions in debt being collected from poor countries hard-hit by COVID-19

Sustainable economies, Drop the debt

Release Date: 22 Jul 2020

Australian NGOs have expressed alarm as this weekend G20 Finance Ministers delayed debt relief measures for the world’s poorest countries as deaths from COVID-19 top 600,000 worldwide. The G20 did not call on multilateral lenders to take action and only reiterated its announcement from April that all official bilateral creditors should implement a short-term debt freeze

Bougainville's historic referendum

Growing Bougainville’s future, Sustainable economies

Release Date: 11 Dec 2019

Independence referendum a first step for self-determination for Bougainville. Bougainville’s landslide vote for independence from Papua New Guinea is history making. But the right to self-determination must be upheld in all its fullness, says Jubilee Australia Research Centre. In a historic vote that’s been more than 20 years in the making,