Caused by the climate crisis, Pakistan’s devastating floods have displaced 33 million people. However, this year alone, US$18 billion in debt payments will be claimed from the people of Pakistan by foreign lenders.
The debt crisis is draining funds from lower income countries just when they need it most. All over the world interest rates are rising. And countries least responsible for the climate crisis are facing the biggest costs.
The government will be attending key international meetings with other world leaders in the coming months. So this is a crucial time to make sure our voices are heard.
With over a quarter of all countries already in debt crisis, it’s time to demand debt cancellation and funds to deal with the climate crisis!