The year 2021 is the second year of the most important decade of the century where drastic reductions in carbon dioxide emissions and inequalities in a manner that raises standards of living is paramount to the survival of the world’s people and planet earth itself. Yet, 2020 saw the biggest economic downturn since the Great Depression, and pushed upwards of 124 million people into extreme poverty. In this context, many emerging market and developing countries started the decade desperate for liquidity and in fear of default. Even more will face a debt overhang that could take more than a decade to recover from. 

This report details proposals that should be high on the agenda of the International Monetary Fund, G20, RFAs and in national capitals as the world community works to combat the COVID-19 virus, protect the vulnerable, and mount a green and inclusive recovery.