As the G7 leaders meet in Germany, crises of extreme inequality, unprecedented food and energy price inflation, accelerated by the war in Ukraine and the COVID-19 pandemic, are converging to create a catastrophe for the world’s poorest people.
The G7 have a huge responsibility, as the leaders of the richest democratic nations in the world, to take the urgent steps needed to face down this catastrophe and rise to the challenge of this terrifying moment for humanity. They can take clear steps to help ease the pain faced by billions of ordinary people worldwide and in their own countries.
These include taxing those corporations, including food and energy corporations who are excessively profited from these crises and immediately canceling the debts of developing nations. Such moves could fund a global plan to end hunger.
This short brief outlines those steps.