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Debt for Climate Profile picture
@DebtforClimate
Oct 4, 2022 • 6 tweets • 7 min read • Read on X
Scrolly
💥BREAKING: Dozens of climate justice activists disrupted the #OilandMoney conference, a summit of fossil fuel companies, this morning at the @ICParkLane in London this morning.

#DebtforClimate @EIForum

1/5
The grossly named Oil & Money conf changed its name to Energy Intelligence Forum but obviously no energy intelligence is taking place, as the International Energy Agency warned that no new #fossilfuel projects can be built if we are to limit #globalheating to 1.5C.

2/5
.@CClimateAction @fossilfreeLDN @xryouthcambs & other #ExtinctionRebellion groups blocked the road outside the hotel with a banner reading “Your greed is killing humanity” and a choir infiltrated the building singing protest songs.

@XRebellionUK

3/5
The toxic guestlist includes @Shell CEO Ben van Beurden, @TotalEnergies CEO Patrick Pouyanné, Saudi @Aramco CEO Amin Nasser & Liam Mallon of @exxonmobil

These climate criminals are responsible for climate breakdown and must be held accountable.

#ExxonKnew #ShellLies

4/5
Activists also scaled tree at the entrance of @ICParkLane of the #EIForum

"Fossil fuel corruption is happening here"

#YourGreedOurDeath

5/5
@Shell @TotalEnergies @aramco @exxonmobil Picture credit ^^^ Denise Laura Baker

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More from @DebtforClimate

Debt for Climate Profile picture
Mar 5
FAQ #9
1/8: Why are we calling for debt cancellation? And not for debt relief⁉️

Read and share this!📝
#debtjustice #debtcancellation #DebtforClimate #cancelthedebt #DebtEmergency Image
2/8
 The pure concept of ‘debt relief’ or ‘debt forgiveness’ sounds a lot like it’s upon the rich world to show kindness and help those poor, poor countries in debt distress. Image
3/8
 In terms of reflecting on the history of power imbalance and exploitation between the North and the South though, it’s not a matter of charity‼️ Image
Read 8 tweets
Debt for Climate Profile picture
Jan 11
#ColineFay faces LIFE in prison for attending a peaceful demonstration in Senegal.

The foreign affairs minister @MinColonna is still not replying.

The government is changing, but there is #NoChangeForColine

Please RT

🧵​​​​​​​

1/8
Image
Coline had been working in Senegal as a physiotherapist for the past year. On November 17th, Coline was arrested at a peaceful demonstration calling for the opposition leader, Ousmane Sonko, to be able to stand in the general elections in Senegal.

2/8
Image
#ColineFay was charged with crimes associated with terrorism and espionage, which could mean a life sentence. She was only exercising her right of freedom of speech.

#FreeColine

3/8
Image
Read 9 tweets
Debt for Climate Profile picture
Jan 11
🧵 1/7
Why we target the IMF & World Bank?
Institutions like the IMF and the World Bank are built on inequality and colonial systems. They structurally disadvantage countries in the global South whose resources are stolen and become stuck in mountains of debt.

#DebtForClimate #CancelTheDebt #DebtJusticeImage
Power bias of the IMF/WB
Voting shares are based principally on the size and ‘openness’ of economies. Therefore impoverished countries are structurally under-represented in decision-making processes. Sizes of countries adapted to IMF voting shares 2/7 worldmapper.org/maps/politics-…
Image
US veto power
Major decisions of the IMF and World Bank require 85% agreement. The US has over 15% of voting shares and can therefore veto on any major decision. Moreover, the presidents of WB and IMF have always been from the US and EU.
3/7 brettonwoodsproject.org/2019/06/what-a…
Image
Read 7 tweets
Debt for Climate Profile picture
Mar 17, 2023
1/5 Do you want to know why is the debt illegitimate?
Read the thread and feel free to reply to us with your thoughts on the illegitimate debt 🧵👇 #DebtForClimate #DeudaXClima
2/5 The creditors we're targeting - @IMFNews and the @WorldBank, development banks, commercial banks, and mega-investors - are truly the debtors of the people and the earth they continue to exploit. 👇#DebtForClimate
3/5 💯This is their climate and neocolonial debt. This is why the debt that they hold, the one that's currently legal, is illegitimate: it perpetuates exploitation and is the exact opposite of the climate and neocolonial debt that remains to be paid. 👇#DebtForClimate
Read 5 tweets
Debt for Climate Profile picture
Feb 26, 2023
1/14 70th anniversary of #Germany's #DebtCancellation after #WWII! This laid the foundation for 🇩🇪’s economic "miracle". Here’s why a debt cancellation for the Global South is a necessary precondition to enable a #JustTransition & #ClimateJustice!
#DebtForClimate
🧵👇 Projection by Koala Kollektiv
2/14 History taught us how intelligent debt policy works. February 27, 2023, marks the 70th anniversary of the cancellation of 🇩🇪’s debt. This contributed decisively to the reconstruction of a heavily war-torn country. erlassjahr.de/themen/londone… #DebtForClimate #LondonAgreement1953
3/14 Through the #LondonAgreement1953, signed on February 27, 1953, during the the age of bloc confrontation, the young 🇩🇪 nation was closely tied to the Western defense alliance. #DebtForClimate #CancelTheDebt
👇🧵
Read 14 tweets
Debt for Climate Profile picture
Feb 25, 2023
💥Debt Cancellation - Possible for Germany in 1953, not possible for the Global South today?!💥

Mon, 27 Feb, will be the next global action day of #DebtForClimate with actions happening around the world on a historic date for debt cancellation!
#LondonAgreement1953

[1/13] 🧵👇🏿 Logo of Debt For Climate. Text: CANCEL THE DEBT FEBRUARY 2
We, #DebtForClimate, have big plans for that day!

We would like to remind you of what we're doing and why, and welcome everyone to join us! 👇

➡️ 11:00 a.m. rally @Ministry of Finance in Berlin
➡️ 19:00 p.m. panel discussion with MAPA-activists @Mehringhof, Gneisenaustraße 2A
🎉 And we have reserved some surprises of course!

Why is 27 Feb so important?

27 Feb 2023 will be the 70th anniversary of Germany's debt cancellation after the 2nd World War, as agreed upon in the #LondonAgreement1953, which partially led to the country's "Economic Miracle".
Read 13 tweets

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