G20 Statement: Africa Pays the Price for Global Inequality

The Institute for Economic Justice (IEJ) issued a statement calling for the G20, hosted for the first time by South Africa, to implement people-centred reforms to the global economic architecture. The IEJ advocates for urgent action on debt justice, tax fairness, food security, the care economy, and climate finance to address systemic inequalities affecting Africa.

• The Institute for Economic Justice (IEJ) identifies a critical failure in the global economic architecture and demands reforms prioritizing dignity over profit, specifically focusing on debt justice, tax fairness, food security, the care economy, and climate finance.
• Economic instability in Africa is highlighted by the fact that 57% of Africans reside in nations where debt servicing expenditures exceed spending on education or healthcare.
• The IEJ outlines five specific demands for the G20: ending exploitative debt systems; supporting a UN-led global tax convention for multinationals and the super-rich; investing in buffer stocks and universal social floors for food security; ensuring a just energy transition that includes the Global South; and redistributing the burden of unpaid care work.
• The IEJ views South Africa's first-time hosting of the G20 as a historic opportunity to ensure the Global South is no longer excluded from decision-making and to reshape the global economic agenda to reflect African priorities.

APA

Institute for Economic Justice (2025). G20 Statement: Africa Pays the Price for Global Inequality. https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/

Chicago

Institute for Economic Justice. G20 Statement: Africa Pays the Price for Global Inequality. 2025. https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/.

Wikipedia

{{cite press release |author=Institute for Economic Justice |title=G20 Statement: Africa Pays the Price for Global Inequality |date=12 November 2025 |url=https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{instituteforeconomicjustice2025g20, author = {{Institute for Economic Justice}}, title = {{G20 Statement: Africa Pays the Price for Global Inequality}}, publisher = {Institute for Economic Justice}, year = {2025}, month = nov, url = {https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }