FORGE Vision Fund Announces New Grantees
The Vision Fund – an initiative of the FORGE collaborative – has announced a new slate of grantees, aimed at addressing the heavy burden that debt places on workers, particularly in the context of pandemic recovery.
FORGE is a collaborative of philanthropic donors, working together towards a global economy that works for all people and the planet, shaped by and accountable to worker- and community-led movements. The Vision Fund supports community and civil society organizations, workers’ rights groups and social movements that work with those most impacted by the economic fallout of Covid-19, while advancing systemic change to shift the economy in a more just and sustainable direction. Humanity United is a founding member of both.
The first cohort of grantees included eight organizations that focused their efforts on building worker power, strengthening accountability and shaping recovery initiatives.
The second cohort included seven organizations working to support the development of a new economic model that works for the people and the planet, focusing on climate, gender, and debt justice.
These two cohorts were part of the “Response” fund, which was focused on directly responding to the pandemic. This current slate of eight grantees is the first from the “Vision” fund, and focuses on sovereign debt burdens in the Global South, which threaten governments’ ability to meet basic needs, realize rights and development goals, and provide social protection in response to the COVID-19 pandemic.
The newest grantees are:
- Pan African Feminists for Debt-free and Just Care Economy led by African Women’s Development and Communication Network (FEMNET),
- Challenging the IMF and the World Bank’s Structures and Treatment of Debt and Development in the (post-)COVID Era led by Bretton Woods Project (BWP)
- Confronting the Caribbean Debt Challenge and Building Resilience for Sustainable Development led by Caribbean Policy Development Centre (CPDC), Barbados, and Jubilee Debt Campaign
- Sovereign Debt and Day-to-day Life: Activism on the Effects of Indebtedness on the Environment, Labor, Care and Protection led by the Centro de Estudios Legales y Sociales (CELS)
- Challenging Private Creditors for People’s Recovery led by Christian Aid, Instituto Centroamericano de Estudios Fiscales (ICEFI), and Tax Justice Network Africa (TJNA)
- Sovereign Debt Architecture Reform towards a Just and Sustainable Post-COVID-19 Global Economy led by African Forum and Network on Debt and Development (Afrodad), Asian Peoples’ Movement on Debt and Development (APMDD), European Network on Debt and Development (Eurodad), Jubilee USA Network, and the Latin American Network for Economic and Social Justice (Latinddad)
- Citizen Action for Debt Justice in Southern Africa led by Zimbabwe Coalition on Debt and Development (ZIMCODD), the Catholic Agency for Overseas Development (CAFOD), and the Southern African People’s Solidarity Network (SAPSN)
- Sustainable Development and Debt: Solutions for a Just Future led by International Trade Union Confederation (ITUC)
The Vision Fund was launched by the Ford Foundation, Fundación Avina, Humanity United, Laudes Foundation, Omidyar Network, Open Society Foundations, SAGE Fund, True Costs Initiative, Wellspring Philanthropic Fund, and Wallace Global Fund.
For more on each of the new grantees, visit the FORGE website.