Description
Co-hosted by Positive Money and the Institute for Economic Justice, this webinar explores the challenges and opportunities of expanding local currency financing to tackle the climate and debt crisis.
Around 3.4 billion people now live in countries that spend more paying off the interest on their national debt than they do on health or education, and interest payments reached a record $921bn in 2024. At the same time, climate finance remains woefully inadequate and fails to reach those who are most exposed to the climate crisis. So how did we get here, and how do we begin to tackle this problem?
Speakers:
* Dr Redge Nkosi - Executive Director, Firstsource Money and Monetary Reform International
* Dr Pepukaye Bardouille - Director of Bridgetown Initiative and Special Adviser on Climate Resilience, Barbados PM’s Office
* Fernanda Balata - Associate Fellow, New Economics Foundation
* Dr Mzwanele Ntshwanti - G20 Senior Researcher, Institute for Economic Justice, and
* Dr Danisha Kazi - Head of Research, Positive Money and panel chair
And here are some of the reports/resources mentioned;
- Beyond Dollar Dominance: https://positivemoney.org/uk-global/publications/beyond-dollar-dominance/
- G20 at a crossroads: https://neweconomics.org/2025/11/the-g20-at-a-crossroads
- Local Currency Financing for Climate and Debt Justice Joint briefing: https://www.datocms-assets.com/132494/1762779640-joint-briefing-on-local-currency-financing-for-climate-and-debt-justice-fv-docx-2.pdf
- Diverting Development: https://iej.org.za/g20-and-external-debt-service-burden-in-africa/
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