The side event aims to explore meaningful pathways towards the necessary multilateral decisions to overcome the global health, humanitarian and economic crisis induced by the pandemic - a crisis that is exacerbating inequalities within and between countries, while unpaid domestic and care work, primarily carried out by women, have once again stepped up to increase the already huge subsidy to the global economy, undermining women’s human rights and gender equality. Against this background, systemic solutions to the broken global economic architecture are urgently needed. National level decisions, while important, are insufficient to ensure the required policy and fiscal space needed for a decolonial, feminist and just transition for people and planet. The side event will therefore explore how to ensure the democratization of global economic governance - with special reference to debt, trade, tax and technology-related reforms - recognizing the right of every country to be at the decision-making table, and not only those concentrating power or resources. A new global governance should promote equality and common but differentiated responsibilities on global commons.