United Nations Human Rights Council (UNHRC)
The issue of debt bondage
Today, an estimated 28 million people remain in forced labour, with around one fifth of this population comprising individuals in situations of debt bondage, according to the International Labour Organisation (ILO). 75 years after the 1948 Universal Declaration of Human Rights stated that “no one shall be held in slavery or servitude; slavery and the slave trade shall be prohibited in all their forms”, debt bondage remains a prevalent issue in both developed and developing countries, in all industries. Why have existing solutions failed to resolve the issue? Can debt bondage ever be eradicated, or will the generational anguish continue?