Thread by @DebtforClimate

💥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

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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".

In that agreement, over half of all of the debt Germany owed from before, during and after WWII was cancelled! And yet today Germany sits at the negotiation tables as a major boycotteur with some of the same countries that allowed Germany's debt to be relieved,

... such as Pakistan, Argentina, Sambia, South Africa, Sri Lanka, and today are highly indebted themselves. These countries are at the same time hit hardest by the climate crisis, a crisis they have not caused.
#LondonAgreement1953
#DebtForClimate

The main reason why we don't see this kind of debt cancellation happening today for the Global South is neocolonialism, which exerts a lot of its power through debt.

On Monday, February 27th, we will remind everyone that cancelling debt is possible.
#DebtForClimate
#DeudaXClima

We will remind all that not doing it right now for the Global South to allow for a just and self-determined transition to happen, is a political decision. One month prior to the action, we challenged the German Finance Minister to stand by his promise he gave us last year.

He said to us, that he would take a stand for debt cancellation for the Global South at the IMF&WB meeting in October - which he did not do - and meet MAPA activists from #DebtForClimate to talk about debt cancellation for real.

#DeudaXClima

He blatantly dismissed this request, stating there was no ‘gain in knowledge’ to be expected from talking to us. This just fuels the fire in our voices to show him our collective response on Monday!!

#DebtForClimate
#LondonAgreement1953
#DeudaXClima

Meet us at the Ministry of Finance at 11:00 in #Berlin to hold @c_lindner accountable and cast light on his hypocrisy!

We will hear speeches from activist from the most affected people and areas,.from some of the signatory countries of the #LondonAgreement1953.

We will call for Germany to pay its #ClimateDebt.

Germany is not only the 4th largest historic polluter but also the 4th largest voting power in the IMF – with @c_lindner as the German representative.

#LondonAgreement1953
#DebtForClimate
#DeudaXClima

In the evening, we are organizing a panel where you can get to know #DebtForClimate more personally and discuss with us, representatives of the @BlackEarthBer and the Workers and Youth Relief Campaign Pakistan, why debt cancellation is an essential step towards climate justice.

English & German interpretation provided.

Let’s make this historic date for debt cancellation a historic day of debt cancellation for the Global South to enable a self-determined and just transition!

#LondonAgreement1953
#DebtForClimate
#DeudaXClima