Together with @DebtforClimate, we demand that the richest countries of the Global North begin to pay their climate debt.
The unconditional cancellation of all illegitimate global South debt is part of repairing hundreds of years of injustices. (1/5) #UniteAgainstClimateFailure
The unconditional cancellation of all illegitimate global South debt is part of repairing hundreds of years of injustices. (1/5) #UniteAgainstClimateFailure
The G7 is disproportionately responsible for #ClimateBreakdown, amounting to a climate debt immeasurably greater than the financial debt ‘owed’ by low-emitting countries in the Global South. (2/5)
Those hit hardest by the climate impacts of water scarcity, food insecurity, drought, flooding, pollution, extreme storms, and displacement are in the Global South.
Last year the 10 worst climate disasters alone saw $170 billion in damages in the Global South (3/5)
Last year the 10 worst climate disasters alone saw $170 billion in damages in the Global South (3/5)
Cancelling the debt of impoverished nations will free them to leave fossil fuels in the ground and invest in a just transition to clean energy.
This climate debt is just the tip of a centuries-old imperialist iceberg including exploitation, colonisation, and enslavement. (4/5)
This climate debt is just the tip of a centuries-old imperialist iceberg including exploitation, colonisation, and enslavement. (4/5)
Lower income countries make half of their external debt payments to banks, hedge funds, and asset managers.
These same financial actors profit from fuelling #ClimateCrisis chaos. (5/5)
These same financial actors profit from fuelling #ClimateCrisis chaos. (5/5)
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