1st Session – Rebalancing Public Finance for Justice and Equity: African Perspectives on IDA21

In the context of the IDA21 replenishment cycle, speakers from African civil society will outline the need for a more just and equitable public finance system that fundamentally rebalances global power relations. We will demonstrate how the World Bank is still causing harm by promoting the privatization and financialization of public goods; followed by proposals for public finance to scale up people-centered renewable energy while keeping to the Paris Agreement goal of 1.5. Experiences from selected countries and recommendations from selected African countries including Senegal, Mozambique, and Tunisia will be shared.