Our Campaign
Action Corps — with support from ActionAid, Advocacy Network for Africa, American Friends Service Committee, Center for Economic and Policy Research, Friends of the Earth US, Oxfam America, Partners In Health, and many more — is leading the campaign for the release of international resources for global debt relief called Special Drawing Rights (SDRs) — a no-cost global crisis response.
Action Corps led the coalition that has secured pivotal support from the U.S. Congress for the release of the resources. This support resulted in the 2021 release of International Monetary Fund (IMF) Special Drawing Rights, the largest release in history of these financial resources. These particularly benefited low- and middle-income countries. Action Corps secured the support of 100+ organizations that signed onto letters in support, which, along with advocacy meetings led by Action Corps, ultimately achieved the release of the resources. These resources provided the developing world with more resources than an entire year of foreign aid from all countries. Low-income and middle-income countries used the resources to purchase and distribute vaccines, to care for the vulnerable, to invest in health care for the poor, and to reduce foreign debt. The release of these resources, prompted by Action Corps’ work, likely saved hundreds of thousands of lives.
Other groups supporting a global recovery through a major issuance of SDRs include U.S. labor, religious, and humanitarian organizations.To date, hundreds of organizations have endorsed a major new issuance of SDRs.
Action Corps led the coalition that has secured pivotal support from the U.S. Congress for the release of the resources. This support resulted in the 2021 release of International Monetary Fund (IMF) Special Drawing Rights, the largest release in history of these financial resources. These particularly benefited low- and middle-income countries. Action Corps secured the support of 100+ organizations that signed onto letters in support, which, along with advocacy meetings led by Action Corps, ultimately achieved the release of the resources. These resources provided the developing world with more resources than an entire year of foreign aid from all countries. Low-income and middle-income countries used the resources to purchase and distribute vaccines, to care for the vulnerable, to invest in health care for the poor, and to reduce foreign debt. The release of these resources, prompted by Action Corps’ work, likely saved hundreds of thousands of lives.
Other groups supporting a global recovery through a major issuance of SDRs include U.S. labor, religious, and humanitarian organizations.To date, hundreds of organizations have endorsed a major new issuance of SDRs.
