UK government plans radical shake-up of foreign aid for climate change disasters https://www.bbc.co.uk/news/uk-67456174
‘Radical’ =/ no new £
I guarantee there’s nothing ‘radical’ about this. Still packaging aid as debt. Still far too little £. Still not contributing to the international climate loss & damage fund agreed at COP27.
... because countries are being forced to extract fossil fuels to pay back interests on loans they have payed back many times over already #ClimateDebtJustice
Many of the debts in the Global South are illegitimate:
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And here are our key arguments:
1. Financial debts of the South perpetuate extractivism in the countries of the South and the climate and ecological crisis.
2. Credit is a form of control over socio-economic life in the South #ClimateDebtJustice
...
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GreenerFutures
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