Debt for Climate UK
@debtforclimateuk.bsky.social
🇬🇧 The UK chapter of Debt for Climate ⚖️Taking action to cancel Global South debt to keep fossil fuels in the ground and fund a just transition
🎯 In truth, this is how they hide that they drive forward further extraction in the Global South and continue to pile up their climate and #neocolonial debt towards the South!
#DebtForClimate #CancelTheDebt
7/7
#DebtForClimate #CancelTheDebt
7/7
June 2, 2025 at 7:53 PM
🎯 In truth, this is how they hide that they drive forward further extraction in the Global South and continue to pile up their climate and #neocolonial debt towards the South!
#DebtForClimate #CancelTheDebt
7/7
#DebtForClimate #CancelTheDebt
7/7
In this sense, this debt is also a convenient way for the rich to speak about their link to the poor: they're giving them money that enables development! 🤔
#CancelTheDebt
6/7
#CancelTheDebt
6/7
June 2, 2025 at 7:53 PM
In this sense, this debt is also a convenient way for the rich to speak about their link to the poor: they're giving them money that enables development! 🤔
#CancelTheDebt
6/7
#CancelTheDebt
6/7
💯But as long as richer governments and companies don't pay much more for what they take from the poorer ones, the Global South's debt enables more extraction, towards the North!
This is not a power shift! ❌
5/7
This is not a power shift! ❌
5/7
June 2, 2025 at 7:53 PM
💯But as long as richer governments and companies don't pay much more for what they take from the poorer ones, the Global South's debt enables more extraction, towards the North!
This is not a power shift! ❌
5/7
This is not a power shift! ❌
5/7
The #WorldBank and development banks have been promising for decades that their debt enables poorer countries to get rich - in their terms!
Particularly by fueling the #GlobalSouth's trade with the North!
4/7
Particularly by fueling the #GlobalSouth's trade with the North!
4/7
June 2, 2025 at 7:53 PM
The #WorldBank and development banks have been promising for decades that their debt enables poorer countries to get rich - in their terms!
Particularly by fueling the #GlobalSouth's trade with the North!
4/7
Particularly by fueling the #GlobalSouth's trade with the North!
4/7
Most often, this translates into investment protection, weak labour laws, boundless security spending, commodification of nature, and when there's a lot of debt at stake, even geo-political alignment to the creditor!
3/7
#DebtForClimate #CancelTheDebt
3/7
#DebtForClimate #CancelTheDebt
June 2, 2025 at 7:53 PM
Most often, this translates into investment protection, weak labour laws, boundless security spending, commodification of nature, and when there's a lot of debt at stake, even geo-political alignment to the creditor!
3/7
#DebtForClimate #CancelTheDebt
3/7
#DebtForClimate #CancelTheDebt
Especially private creditors-who hold most of the South’s debt-they simply earn 💰 with interest as they're higher than the interests in the North!
Notably, when a country’s highly indebted, this debt allows creditors to dictate poorer governments how they should govern
2/
Notably, when a country’s highly indebted, this debt allows creditors to dictate poorer governments how they should govern
2/
June 2, 2025 at 7:53 PM
Especially private creditors-who hold most of the South’s debt-they simply earn 💰 with interest as they're higher than the interests in the North!
Notably, when a country’s highly indebted, this debt allows creditors to dictate poorer governments how they should govern
2/
Notably, when a country’s highly indebted, this debt allows creditors to dictate poorer governments how they should govern
2/
2/2 📩 We invite you to join this webinar to learn about the case of the citizen debt audit in Ecuador and what we can do in this Jubilee 2025.
It is time to act against the colonial debt trap.
📝Register now: tinyurl.com/debtaudits
📆Date: March 24
⏰Time: 7 pm UTC
It is time to act against the colonial debt trap.
📝Register now: tinyurl.com/debtaudits
📆Date: March 24
⏰Time: 7 pm UTC
Welcome! You are invited to join a meeting: Webinar: ¿Cómo lograr la anulación de las deudas ilegítimas? Auditoría ciudadana de la deuda pública como forma de liberación. After registering, you will r...
Es más urgente que nunca lograr la cancelación incondicional de las deudas ilegítimas del Sur Global. El G7, el FMI y el Banco Mundial, nunca cancelarán la deuda en nuestros términos. Los cambios radi...
tinyurl.com
March 19, 2025 at 6:34 PM
2/2 📩 We invite you to join this webinar to learn about the case of the citizen debt audit in Ecuador and what we can do in this Jubilee 2025.
It is time to act against the colonial debt trap.
📝Register now: tinyurl.com/debtaudits
📆Date: March 24
⏰Time: 7 pm UTC
It is time to act against the colonial debt trap.
📝Register now: tinyurl.com/debtaudits
📆Date: March 24
⏰Time: 7 pm UTC