Reaction to the establishment of a Loss and Damage Fund at COP27
Responding to the COP27 agreement to set up a new Loss and Damage Fund, Heidi Chow, Executive Director of Debt Justice said: “This is a landmark decision that is long…
Media briefing: Key statistics on climate change and debt ahead of COP27
For questions and interviews on the links between debt and climate change please contact: Tim Jones, Debt Justice: +44 7307 620372 [email protected] Dharini Parthasarathy, Climate Action Network: [email protected] The debt…
NEW BRIEFING: Why climate justice must include debt justice
This joint paper pulls together key information on the debt and climate crisis nexus, and outlines policy positions on solutions with recommendations for decision-makers to act. Alongside Climate Action Network…
The climate crisis could increase African country debts by $1 trillion
Sub-Saharan African countries will have to take on almost $1 trillion in debt over the next ten years unless wealthy countries provide adequate finance to address the climate crisis, according…
Countries in debt crisis cut public spending in face of soaring prices
New figures released today by anti-poverty campaigners Debt Justice show that countries in debt crisis are expected to spend less in 2023 than in 2019, despite the urgent need for…
Latest IPCC report on climate change mitigation – what does it say about debt?
Earlier this month, the Intergovernmental Panel on Climate Change published its latest report on progress towards mitigating the impacts of climate change. The report was written by nearly 300 expert…
IPCC report: what does it say about debt and climate finance?
Climate justice requires debt justice. Communities and activists have been saying this for years. Decision-makers in the global North have refused to listen. Now, the latest report of the Intergovernmental…
Piling on debt is no solution to rising energy bills
Press comment – for immediate release In response to the government’s announcement that customers will receive a £200 discount on their energy bills this year, with five years to repay…
Response to the #WeTheHelpers campaign
A new campaign by a number of UK-based international development organisations was launched today. The #WeTheHelpers campaign aims to re-engage the public’s belief in aid however we have serious concerns around the messaging of the campaign. #WeTheHelpers promotes a dated and harmful narrative that reinforces an already…
COP26 takeaways: Rich polluters still refuse to pay climate debt
The UN climate talks (COP26) in Glasgow drew to a close on Saturday, marking the end of 13 days of negotiations amongst world leaders on how best to address the climate crisis. The negotiations presented a vital opportunity for rich nations to step…
