Global Christian Organizations Urge UN to Redefine International Finance for Equity, Sustainability and Peace

by Cheon Young Cheol

Representing over 600 million Christians in 120 countries, the Council for World Mission (CWM) and four other global Christian organizations have called for a New International Financial and Economic Architecture (NIFEA) that fosters equity, sustainability, and peace.

In a letter to the United Nations General Assembly (UNGA), the Council for World Mission, World Council of Churches, World Communion of Reformed Churches, Lutheran World Federation, and World Methodist Council said that an inevitable part of NIFEA is the fair redistribution of wealth and social protection, as a matter of justice and human rights.

The organizations welcomed and applauded the UNGA’s inclusion of an agenda on the promotion of inclusive and effective international cooperation on tax matters. They said that through the Zacchaeus Tax (ZacTax) campaign, they have long been calling for the development of fairer and more transparent tax rules under the aegis of the UN where there is broad participation of all countries.

The organizations called on the UNGA to consider their repeated calls under the ZacTax campaign for the enactment of progressive wealth taxes, financial transaction taxes, and carbon and pollution taxes.

“We pray that you will place impoverished communities, the common good, and our only planetary home at the centre of the UNGA discussions, and that the outcomes of the UNGA will contribute towards global reparation, restoration, and resiliency in a time of polycrisis,” the letter concludes.

Download “NIFEA letter UNGA

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