As underlined by the Global Partnership for Universal Social Protection to Achieve the Sustainable Development Goals (USP2030),2 which the World Bank is co-chairing, “universal social protection is a human right and key to recovery, for a green transition and sustainable and inclusive economic and social development for individuals, communities, and nations”. [...] International financial institutions have an obligation to avoid causing harm by not demanding cuts or a re-design of social security programs that would undermine rights, and to provide as many resources as they can to help build universal social security systems that are rights-aligned.15 The Bank and IMF have an opportunity to course-correct and adopt a rights-aligned approach to social securit. [...] We strongly urge the World Bank and IMF, as pivotal actors in financing and shaping social security policies in low- and middle-income countries, to take four measures to progressively realize the right to social security: 1. [...] 11 “Towards universal social protection.” Development Pathways and the Economic and Social Commission for Asia and the Pacific. [...] For additional details on our unified call to action and priorities for realizing the right to social security, please refer to the full statement on the Global Coalition for Social Protection Floors website via the following link: .
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