Summary

Pursuant to Human Rights Council resolution 52/17, the Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights, Attiya Waris, presents her annual thematic report, in which she focuses on fiscal legitimacy and the import and requirements of a principle-based approach to the use of financial resources in the realization of human rights. She explores the challenges faced globally, nationally, regionally and within institutions in the collection and use of financial resources for the raising of living standards. The Independent Expert also sets out seven key principles that should be taken into consideration in ensuring that financial decisions uphold and maintain standards of living. The Independent Expert puts forward recommendations aimed at accelerating decarbonization and detoxification strategies that are guided by human rights principles.