Towards a lasting solution to sovereign debt problems, joint statement by Eurodad, Afrodad, Latindadd, Jubilee USA, Third World Network and CIDSE, November 2012
Eradicating poverty requires sufficient finance, spent the right way. Rich countries have to live up to their Official Development Assistance (ODA) pledges. Yet, ODA money, even if current rates of commitment are met, will not be enough to eradicate poverty in the face of climate change and other global challenges. New sources of revenue additional to ODA are needed.