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In response to the pledges and discussion on the theme of finance at COP26 today, Heidi Chow, Executive Director of Jubilee Debt Campaign said: “Today’s discussions and pledges on climate…
UK Chancellor points to action on debt at COP26 but ignores failure of G20 debt relief schemes In response to the UK Chancellor Rishi Sunak’s speech today where he highlighted the need to act on unsustainable debt…
PICTURES HERE WEDNESDAY 3RD NOVEMBER 2021: FOR IMMEDIATE RELEASE Scotland’s most elusive monster was due to make an appearance on the river Clyde to highlight the monster-osity of climate debt…
Today at COP26, President Julius Maada Bio of Sierra Leone, raised debt as a key barrier to fighting the climate emergency. President Julius Maada Bio highlighted how unsustainable debt was…
Lower income countries are spending over five times more on external debt payments than projects to protect people from the impacts of climate change. The figures, released today by Jubilee…
The UK government has confirmed that it will cut a further £861 million from the UK aid budget through cancelling debt owed by Sudan. In a Freedom of Information Act response, the government…
US authorities and the UK Financial Conduct Authority have collectively imposed a fine of $475 million on Credit Suisse for its role in the hidden debt scandal in Mozambique. Credit…
The G20 Finance Ministers met today and issued a communiqué that offered no new action on the debt crisis in lower income countries. Reacting to the communique, Tim Jones, Head of…
Lower income countries which applied for scheme have spent $36.4 billion on external debt payments during the pandemic, and had just $10.9 billion suspended or cancelled Private creditors received the…
Press comment – for immediate release Government’s small grant scheme ‘sticking plaster for a gaping wound’ In response to today’s government announcement of a new £500 million support fund for…