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 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.

#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

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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.

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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 #DebtJustice 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-…

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

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
🧵👇 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

💥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] 🧵👇🏿 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

On Feb 27, we will take to the streets in 🇩🇪 and in front of German embassies worldwide!
This day marks the 70th anniversary of the debt cancellation 🇩🇪 received after #WW2 in the #LondonAgreement.
Here is a little history lesson that you may not have heard in school:
🧵👇[1/18] Post-war 🇩🇪 was a heavily indebted country:
there was pre-war debt, consisting of outstanding reparation payments from WW1 & private debts of German banks & companies (standstill debt), the amount of the debt made by the Nazi Government (Konversionskasse) and post-war debt👇[2/18

1/12: YOUR GREED, OUR #DEATH: #ClimateDebt is killing us!
📢“We as a country and as a region did not start this war against nature. We did not provoke it. The war has come to us.” #DebtForClimate
🧵👇 2/12: The richest tenth is responsible for almost half of all carbon emissions…
… ‼️Whereas the poorest half are only responsible for a tenth of #emissions.
#DebtForClimate #DeudaXClima
🧵👇

💥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.

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The action Sunday was packed with people in Asia, Africa, Europe, North & Latin America who can't accept crushing debt that is destroying communities & planet.
The coming days we'll rise up & confront financial power!
#DebtForClimate #DeudaxClima
Follow us
Debtforclimate.org Rally in Garmisch (Germany) near the #G7 summit.

Open the thread to see more #DebtForClimate impressions from Sunday!
#DeudaxClima

Join us: debtforclimate.org

https://twitter.com/DebtforClimate/status/1541152752105037833?t=Gzk6bkiGvbnMzSWlTcAP5w&s=19

🔥Finance Ministry in Berlin blocked - #DebtForClimate activists call for #G7 to cancel illegitimate Global South debt.

All entrances are closed, 20 activists glued themselves to doors and driveways to demand an end to neocolonial exploitation through debt. #G7GER At the Finance Ministry in Berlin

Debt forces Global South countries into allowing Global North creditors to exploit their natural resources

#G7 cancel the debt so Global South countries can leave fossil fuels in the ground and invest in renewables!

#DebtForClimate #G7GER

Isaac SSentumbwe, a climate justice activist from #Uganda is at @stopg7elmau Germany to issue some very important demands.

🔊 He wants climate finance by having the #DebtForClimate cancelled!

👏 He rightly says Justice is #ClimateJustice

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1/5 💥“We cannot achieve climate justice without putting into consideration the debt that is being put on developing countries, and yet they are suffering some of the worst impacts of the #climatecrisis...." 💥

👇🏾

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