European Network on Debt and Development (EURODAD)
Eurodad (the European Network on Debt and Development) is a network of 47 civil society organisations (CSOs) from 20 European countries, which works for transformative yet specific changes to global and European policies, institutions, rules and structures to ensure a democratically controlled, environmentally sustainable financial and economic system that works to eradicate poverty and ensure human rights for all.
Their focus is on strengthening the power of European CSOs, working as part of a global movement to push governments and powerful institutions to adopt transformative changes to the global economic and financial system.
Eurodad's Strategic Plan sets ambitious goals to help achieve: tax justice to stem the loss of resources in developing countries; ending debt crises that hinder economic progress; effective aid that will transform lives; publicly-backed private finance and investment agreements that accelerate development results; climate finance that is responsive to the climate adaptation and mitigation priorities of developing countries; and financial sector rules that promote prosperity and do no harm. Eurodad also has crosscutting priorities, which they integrate into all their work, of gender equality, global economic good governance, and responsible finance standards.
The main institutions targeted by the Eurodad network include European governments, the World Bank, the United Nations, International Monetary Fund and the Organisation for Economic Co-operation and Development.
Eurodad's vision is a world with:
-Economic justice for all – an end to relative poverty and to the concentration of wealth and power in the hands of a few.
-Fair, democratic, accountable and transparent governance – at local, national, regional and global level where all countries have a say, and all people can exercise their right to participate.
-Finance that serves the people – and helps ensure human rights for all, and an environmentally sustainable planet. This means it is publicly regulated to meet social ends and recognise environmental limits, and enhances systems of redistribution to ensure economic justice.
Eurodad's key strengths include:
-Their deep and detailed understanding of the issues they work on.
-Their respected position with other allies and civil society networks, and their work with global and regional coalitions, in particular, their ability to develop joint strategies within their membership network, and their strong cooperation with allies from the global south.
-Their good connections to policy-makers and other influencers.
-Their ability to develop results-focussed strategies, and track progress to their goals.
They adopt a flexible approach to the role they play, ensuring they focus on what our most useful contribution can be – in any given situation – to making the desired transformative policy change happen, recognising the strengths of their members and partners. They prioritise cooperation with partners from the global south, seeking to work in partnership whenever possible, to listen to and respect their priorities, and to try to align themselves to those.
Eurodad has existed since 1990 and has been registered as a non-profit organisation in Belgium since 2005.See more