Debt, democracy and the rise of authoritarianism
Earlier this month, as protesters again took to the streets in Kenya, President Ruto told police that they should “shoot their legs so they break”. His hardening rhetoric in response…
Climate Resilient Debt Clauses: good or bad for the Global South?
When a country is hit by a catastrophic external shock, like climate extreme events, there is currently no comprehensive and consistently applied method of suspending debt payments. This means that…
Germany’s debt cancellation: The London debt accords
On 27 February 1953, an agreement was signed in London which resulted in the cancellation of 50 per cent of the debt owed by Germany (represented by West Germany); 15…
COP27 debt-related outcomes: glimmers of hope but the fight continues
The COP27 climate conference came to a close early Sunday morning as negotiations ended two days late. Encouragingly, there was some progress on recognising the debt crisis as a climate…
What happened on debt at COP27?
A win! COP27 summit agree to a new fund to fight loss and damage As the COP27 climate conference finished at the weekend, climate campaigners condemned the failure to agree…
Winning debt justice through people-powered campaigns
No one should be forced into debt just to put food on the table or to keep the lights on. Yet almost half of all adults in the UK are in…
Long Read: Sri Lanka’s Debt Crisis
Behind the food and fuel shortages causing Sri Lanka’s protests lie unmanageable debts to the West. The only answer to worsening humanitarian catastrophe is an immediate write-off. This article first…
