During the 2024 Kofi Annan Eminent Speakers Lecture, Irish President Michael D. Higgins stressed the urgent need to address climate change and debt reform to help Africa grow.
Speaking from Áras Uachtaráin, Higgins highlighted how issues like food security, poverty, and deep-rooted inequalities impact African nations.
He called for moving away from temporary aid solutions to tackling the root causes of these problems, advocating for a new model of globalization that centers on local needs and voices.
President Higgins spoke of a vision for “globalisation from below,” which empowers local communities to shape their own path to development.
He argued that food security should be considered a basic universal right, essential to achieving the United Nations Sustainable Development Goals.
By focusing on development that is inclusive and sustainable, he believes African nations can build stronger economies that honor their unique cultures and goals.
A large part of Higgins’ speech focused on the severe debt crisis many African countries face.
He pointed out that debt payments are draining national budgets, with nearly half of public funds going to pay debts instead of critical areas like health and education.
This, he said, has devastating effects: children go hungry, healthcare systems are failing, and the environment suffers.
In some low-income countries, debt payments are two-thirds higher than what they spend on social services, showing a serious need for change in how international finance works.
HAVE YOU READ?