The five partners in the NIFEA effort have sent a letter to the G20 leaders, urging them “to ‘recover together’ and ‘recover stronger'” from intertwined crises as a global community.
Noting three interlocking crises—social, climate, and economic—along with “an alarming food crises,” the letter states, “We need an economic system that is equitable, respects planetary boundaries, involves the participation of all and nourishes the health and resiliency of our communities and ecosystems.”
The letter lists the following measures for the G20 to pursue:
“For churches, the fullness of life and all that contributes to it are essential to our faith and practice. Through the NIFEA process, we seek an economic system that looks after the well-being of all and particularly the most vulnerable, while bringing us back within planetary boundaries, protecting the diversity of life, and safeguarding the future of coming generations. Our faith perspectives and valuing of justice and peace demand that the poor and the dispossessed lie at the centre of our economic thinking and that our economic systems also work to serve their needs,” the letter states.
The New International Financial and Economic Architecture (NIFEA) is a collaborative ecumenical effort that brings together the World Council of Churches, the World Communion of Reformed Churches, the Lutheran World Federation, the World Methodist Council, and the Council for World Mission. It is partially supported by funding from Otto per Mille.
The G20 leaders will hold a summit in Bali, Indonesia, on 15-16 November.
Image: Paul Jeffrey/Life on Earth