The Committee for the Cancellation of Third World Debt (CADTM) is an international network of individuals and local committees across Europe and Latin America, Africa and Asia, and was founded in Belgium.
The CADTM has set itself five missions:
- to offer a detailed analysis of the origins and consequences of debt in the Periphery, and of the technical and political options for its cancellation
- to elaborate alternative policies for financing human development and radically transforming the world’s institutional and financial framework
- to define the road towards the universal protection of fundamental rights
- to strengthen social movements and citizen networks at national and international levels
- to challenge political leaders at each of these levels, pushing them to introduce guarantees of the fundamental human rights and to implement the alternatives proposed by the CADTM and other social movements.