Debt for Climate UK
@debtforclimateuk.bsky.social
39 followers 34 following 25 posts
🇬🇧 The UK chapter of Debt for Climate ⚖️Taking action to cancel Global South debt to keep fossil fuels in the ground and fund a just transition
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debtforclimateuk.bsky.social
Ahead of the UN #FfD4 summit in Seville, we joined 20+ orgs in central London to say: #CancelDebtChooseHope

54 countries are in debt crisis but rich countries are BLOCKING solutions

No one should have to play Jenga with their economy, choosing between public services or debt payments
#Ffd4People
debtforclimateuk.bsky.social
🧱 Yesterday in London, with @debtjustice.bsky.social + others, we stacked a GIANT Jenga on the Southbank, exposing how fragile Global South finances are under colonial debt

As world leaders @ #FfD4 meet in Seville to defend a system build on extraction, we build resistance! ✊
#CancelDebtChooseHope
debtjustice.bsky.social
🌍 It's the global day of action for economic justice!

We joined 20+ organisations on London's southbank with a giant jenga tower to show how the system is stacked against the global south.

As world leaders meet in Seville we say #CancelDebtChooseHope 💥✊🏽
campaigners play giant jenga to highlight the injustice in the global debt system.
debtforclimateuk.bsky.social
Europe helped launch global financing reform in 2002. Now it’s gutting it to protect the colonial status quo!

At #FfD4, we say: Back a real UN debt convention. End the hypocrisy. ✊🏾

Have a read of Eurodad's Op-Ed in Politico 👇

#FfD4People #CancelTheDebt
eurodadnews.bsky.social
#FfD4 will set the agenda for how the global economic system will serve #development in the coming years.

European governments should show the political will that is needed for #EconomicJustice. The time is now! ⏰

Read our OpEd (@politico.eu): www.politico.eu/sponsored-co...
Now is the time to rebuild the global economic system
European political will is needed ahead of the UN Financing for Development Conference in Sevilla
www.politico.eu
debtforclimateuk.bsky.social
🔥 END THE HYPOCRISY

At #FfD4, the Global North is dodging climate finance, pushing loans not grants, and burying obligations in dirty deals

This isn’t aid. It’s a trap!

🚨 APMDD sounds the alarm
📢 Read more: tinyurl.com/APMDD-FFD4

#FfD4People #CancelTheDebt
debtforclimateuk.bsky.social
There can be no #DebtJustice without #ClimateJustice, & no climate justice without debt justice!

European leaders must not miss the opportunity to support an #EraOfJustice & support transformative debt reform to end the vicious cycle at #FfD4!

#CancelDebtChooseHope #FfD4People
debtforclimateuk.bsky.social
The Global South is trapped in a vicious debt cycle under a broken system. Ahead of #FfD4, we demand real solutions for southern voices. The world must not stay silent

Read this statement by Latindadd, AfroDad and APMDD on this critical moment and the draft outcome doc 👉🏻 bit.ly/43I8Fgs

#FfD4People
Reposted by Debt for Climate UK
eurodadnews.bsky.social
The @oecd-ocde.bsky.social's DAC Chair says int'l development cooperation needs more 'transparency & accountability'.
We agree, but we can't wait for another closed-door reflection exercise. Any redesign must take place in the only fully inclusive space where all countries have an equal say - the UN
Open letter

DAC CSO reference group

Our long-standing call for a UN Convention on International Development Cooperation remains as relevant and urgent as ever.
debtforclimateuk.bsky.social
Part 2 of our debt jubilee history lesson 📖

This isn’t just a debt crisis - it's a crime!

The Global South is trapped by illegitimate, colonial debt. Time to cancel it all. No excuses. No delays.

#CancelDebtChooseHope #Jubilee2025 #D4CJubilee25 #CancelTheDebt #DebtForClimate
debtforclimateuk.bsky.social
🎯 In truth, this is how they hide that they drive forward further extraction in the Global South and continue to pile up their climate and #neocolonial debt towards the South!

#DebtForClimate #CancelTheDebt

7/7
debtforclimateuk.bsky.social
In this sense, this debt is also a convenient way for the rich to speak about their link to the poor: they're giving them money that enables development! 🤔

#CancelTheDebt

6/7
debtforclimateuk.bsky.social
💯But as long as richer governments and companies don't pay much more for what they take from the poorer ones, the Global South's debt enables more extraction, towards the North!

This is not a power shift! ❌

5/7
debtforclimateuk.bsky.social
The #WorldBank and development banks have been promising for decades that their debt enables poorer countries to get rich - in their terms!

Particularly by fueling the #GlobalSouth's trade with the North!

4/7
debtforclimateuk.bsky.social
Most often, this translates into investment protection, weak labour laws, boundless security spending, commodification of nature, and when there's a lot of debt at stake, even geo-political alignment to the creditor!

3/7
#DebtForClimate #CancelTheDebt
debtforclimateuk.bsky.social
Especially private creditors-who hold most of the South’s debt-they simply earn 💰 with interest as they're higher than the interests in the North!

Notably, when a country’s highly indebted, this debt allows creditors to dictate poorer governments how they should govern
2/
debtforclimateuk.bsky.social
🧵#DebtforClimate FAQ #2

HOW ARE CREDITORS BENEFITTING FROM GLOBAL SOUTH DEBT? 🤔

#CancelTheDebt

1/7 👇
debtforclimateuk.bsky.social
Listen up!

#CancelTheDebt
✅ Fix the unjust debt system

Read the briefing ⬇️

#CancelDebtChooseHope #FFD4People
debtjustice.bsky.social
📣New briefing!

Debt & austerity are fuelling authoritarianism & undermining democracy in the Global South

Without #DebtJustice political instability will deepen

Decision-makers must act at #FfD4
✅#CancelTheDebt
✅Fix the unjust debt system

Learn more 👉 bit.ly/4jtCkj6

#CancelDebtChooseHope
debtforclimateuk.bsky.social
Debt cancellation isn’t radical - it’s ancient!

From Babylon to the Bible, societies wrote off debts to restore justice.

So when we demand #debtcancellation today, we’re not being extreme. We’re following a long, time-tested tradition!

#CancelDebtChooseHope #D4CJubilee25 #Jubilee25 #DebtJustice
debtforclimateuk.bsky.social
The world’s poorest countries are paying more in debt than they receive in aid!

📢 This is not development!

It’s a broken, colonial system.

#FfD4 must change that: support Para 10 & Para 43 e alt2.

Read more: ow.ly/yHk050W058B

#Fin4Dev #FfD4People #CanceltheDebt
debtforclimateuk.bsky.social

🖥️ Wed 4 June - hear from Global South & UK campaigners on why debt justice is essential for climate justice, why 2025 is an important year for action, and what we can do in the UK!

👉 actionnetwork.org/events/achie...

#CancelDebtChooseHope
debtforclimateuk.bsky.social
UK webinar: Why does debt matter for #climatejustice?

Join Global South activists to uncover how colonial debt traps sabotage climate solutions, and how #debtcancellation is crucial for climate action

📆 Register here: tinyurl.com/CACC-Jun2025

#D4CJubilee25 #CancelDebtChooseHope #Ffd4
Achieving Climate Justice: Why Debt Matters
As the global climate crisis accelerates, the countries that have done least to cause it are facing deadly impacts and mounting costs. Rich countries are failing to step up on climate finance, and aid...
tinyurl.com
debtforclimateuk.bsky.social
📅 15 May 17.30 UTC/18.30 BST

👉 Join Absolom Jim, D4C Zimbabwe on 'Debt and Climate: Resistance and Power' webinar.

This is the year of #Jubilee2025 where we #CancelDebtChooseHope

Get involved! Together we are powerful ✊🏾✊🏻

Register today 👇🏼
debtjustice.org.uk/webinar

@debtjustice.bsky.social
Reposted by Debt for Climate UK
debtjustice.bsky.social
Debt-for-nature swaps have failed to deliver real benefits for the Global South - so why expect them to fund the clean energy transition?

We break down why we need grants + debt cancellation, not more debt swaps

Read in @devex.com w/ Power Shift Africa -
Opinion: Why debt swaps are failing the renewable energy transition
Given the performance of debt-for-nature swaps to date, the idea that these could finance the clean energy transition is unsound.
www.devex.com
debtforclimateuk.bsky.social
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In the midst of a crisis where we see the rise of fascism, the destruction of our ecosystems, and the violations of our rights, it is more urgent than ever to achieve the unconditional cancellation of the illegitimate debts of the Global South to overthrow the capitalist system. ✊🏾
debtforclimateuk.bsky.social
Join us Friday 28/2 at 3PM UTC for our #DebtforClimate Reading Circle💥

We'll explore radical texts against debt, colonialism & exploitation by prominent authors & academics. No prior reading needed! 📚

💻 Online & open to all
⏰ Be on time, we read together
✊ Debt-free entry
📩 Message for details