Growing global debt crisis to worsen with interest rate rises
New figures released today by Jubilee Debt Campaign show that developing country debt payments have increased 120% between 2010 and 2021 and are higher than at any point since 2001.…
IMF loans must not be used to bail out Zambia’s private lenders
The IMF has announced that its staff have reached an agreement with the government of Zambia on a $1.4 billion loan over three years. The only information about the programme…
Monsters, coins, and courage: What happened at COP26?
COP26 has just ended, and while a lot of ‘blah blah blah’ may have been happening in the official spaces between delegates, government officials and world leaders, the surrounding area…
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…
Rich countries’ betrayal at COP26 will worsen debt crisis
For more information and interviews contact Tim Jones on +44 7307 620372 In response to the final outcome of COP26 today, Heidi Chow, Executive Director of Jubilee Debt Campaign said: “Rich polluting countries have once…
Inaction on COP26 climate finance day leaves climate vulnerable countries facing mounting debt
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…
Reaction to the UK Chancellor’s speech at COP26
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…
LOCH NESS MONSTER SEIZED BY POLICE AT COP26
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…
Sierra Leone President flags unsustainable debt hampering climate action at COP26
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…
The Budget’s out – but there’s little relief for millions in debt
New government funding for people in debt will bring some relief this winter, but the measures do not match the scale of the household debt crisis engulfing the UK. Over…
