Thread by @Greenpeace

1/10 Breaking: A new study released today proposes a morally grounded methodological approach for quantifying and attributing climate reparations to major carbon producers.

Here are some takeaways👇 theguardian.com/environment/20…

2/10 The study finds the global fossil fuel industry is responsible for $23.2 trillion in expected GDP losses from climate change impacts over 2025-2050. climateaccountability.org/wp-content/upl…

3/10 The burden to pay should be on those contributing and profiting the most while undermining climate action! #MakePollutersPay

4/10 In 2022, the Commission on Human Rights of the Philippines @chrgovph issued a report with a recommendation to establish “legal frameworks to compensate victims of climate change impacts...with revenues derived directly from polluters." chr.gov.ph/wp-content/upl…

@chrgovph 5/10 Today's "Time to pay the piper: fossil fuel companies' reparations for climate damages" study provides a useful framework for governments to draft laws that make it easier for those harmed by the climate crisis to be compensated.

@chrgovph 6/10 Last week, 12 Italian citizens, @Greenpeace_ITA and @Recommon filed a lawsuit against the fossil fuel company @eni for past and potential future damages resulting from its contribution to the climate crisis.

@chrgovph @Greenpeace_ITA @Recommon @eni 7/10 In addition to an order for @eni to cease damaging conduct, they are seeking to establish ENI’s liability for climate harm. The new reparations study adds weight to this demand. greenpeace.org/international/…

@chrgovph @Greenpeace_ITA @Recommon @eni 8/10 ENI, as well as other fossil fuel companies, have been listed in the Fossil Fuel Crime File, a compilation of proven crimes and credible allegations attributed to the fossil fuel industry, published by @GreenpeaceNL >> act.gp/fossilfuelcrim…
#EndFossilCrimes

@chrgovph @Greenpeace_ITA @Recommon @eni @GreenpeaceNL 9/10 In a climate Advisory Opinion, the @IACourtHR will clarify States’ human rights obligations. The study will help identify measures to regulate and assess the fossil fuel industry's financial responsibility. corteidh.or.cr/observaciones_…

@chrgovph @Greenpeace_ITA @Recommon @eni @GreenpeaceNL @IACourtHR 10/10 The study concludes that companies have important decisions to make: will they start paying and stop drilling, to reduce financial liability or continue with business as usual and more calls for justice? Read the study here: bit.ly/3ojRfGo

#StopDrillingStartPaying