Y7 Summit Communique 2022

Towards a Sustainable and Equitable Economic Order | Recommendation

We call for the elimination of structural domestic and international inequalities through the promotion of equitable development tackling dependency structures, the enhancement of labour conditions, and the provision of robust social protection for all.

2.1 Immediately increase the share of ODA budget to meet 0.7 % of GNI, with greater focus on Domestic Resource Mobilisation capacity. Catalyse investment from the private sector through public financing to achieve Agenda 2030, in particular financially support countries affected by catastrophes or war in reconstruction. Provide debt relief, including debt moratoriums, to HIPCs to ensure an equitable recovery and tackle structural inequalities. Extend the DSSI beyond 2021 and adopt the newly established Common Framework for Debt Treatments in a timely, transparent, independent manner and without credit rating downgrades. 2.2 Regulate unpaid employment opportunities and ban unpaid internships longer than one month. Protect migrant, gig and student workers by introducing legislation banning exploitative employment contracts and supporting their unionisation rights. Establish labour standards that ensure mental well-being in the workplace while promoting mental health services designed to meet workforce needs.

2.3 Expand social protection systems, and provide financial aid and access to resources, such as energy, food and housing to support all livelihoods and upward mobility given the crises exacerbated by inflation. Direct measures appropriately using methods such as community-based targeting or self-targeting. Give consideration for vulnerable and underserved groups, including informal economy and migrant workers, as well as workers impacted by the environmental and digital transitions.

YOUTH7 2022 COMMUNIQUÉ 12

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