The Philippines is on the frontline of the #debt & #climate crises. The 2️⃣nd #RealCostOfDebt story follows the women of Oriang, who are mobilising against policies prioritising debt repayment over protecting Filipinos from climate change.
Hear more 👉
https://t.co/l1uLtLsSX6
Join us for the next webinar in our series on the #IMF and #climate.
Experts will share first-hand insights into the impacts of IMF lending in Bangladesh, Ecuador, Kenya, Senegal and Zambia, and explore how to mobilise against austerity.
🔗 Register here https://t.co/AZSxWxOR4i
The Asian Development Bank is still supporting fossil fuel-based energy systems, while it could and should be backing sustainable renewables.
This is especially true in the context of spiralling debt, conflict and an energy crisis across Asia Pacific.
More below 🧵 #ADBnews
To support a just energy transition for Pakistan, the @ADG_HQ must cancel the Jamshoro project debt, retire the plant and repurpose it for renewables.
This is one of the least legally complex opportunities for early coal retirement in the region – a chance the ADB must seize.
Despite its no-coal policy, the @ADB_HQ supported the #Jamshoro#coal plant, which is a huge burden for Pakistan’s economy, people & ecosystems.
The investment has worsened the country's debt crisis, putting a strain on communities.
Read more: https://t.co/eLLmjCv5GW #ADBNews
Across Asia, communities are resisting a debt system that drains public resources, deepens austerity, and fuels harm from Pakistan’s farms to Philippine coal-affected communities.
Read more 👉 https://t.co/9gM9GwJwDx
Across Asia, communities are resisting a debt system that drains public resources, deepens austerity, and fuels harm from Pakistan’s farms to Philippine coal-affected communities.
Read more 👉 https://t.co/9gM9GwJwDx
Asia’s debt crisis is draining resources from people’s needs to creditor payments. We call for debt cancellation, reparations and a UN Framework Convention on Sovereign Debt.
Read more 👉 https://t.co/q1wgGXGjad
@cs_ffd@debtgwa#StopTheHarm#CancelTheDebt#DebtJusticeNow
Asia’s debt crisis is draining resources from people’s needs to creditor payments. We call for debt cancellation, reparations and a UN Framework Convention on Sovereign Debt.
Read more 👉 https://t.co/q1wgGXGjad
@cs_ffd@debtgwa#StopTheHarm#CancelTheDebt#DebtJusticeNow
Behind fossil fuel dependence are historical inequities, linked tightly to the unjust int'l financial system that is indebting the Global South & enabling wealth accumulation of Global North govts., elites & corporations.
@debtgwa@cs_ffd@FInequalityAsia
April 27 #SantaMarta: Hundreds marched for a fossil-free future! ✊🌍
We demand:
Total fossil fuel phase-out
No false solutions
Reparations & care
End militarism
PR + 📸 -> https://t.co/TAcOTz2g6L
#ClimateJustice#JustTransition#FossilFreeRising
"The moment is NOW for a real advance in phasing out fossil fuels and embarking on a just transition to renewable energy systems." Cancel fossil fuel debts! Stop fossil fuel lending!
@AsianPeoplesMvt@debtgwa@cs_ffd
Read more 👉 https://t.co/Gr8gGmQ2ZO
While @IMFNews pushes #Argentina to exploit oil & gas in #VacaMuerta to pay off its #debt, indigenous communities in Patagonia face environmental and social crises. For Aylén, this tunnel vision from Buenos Aires is part of the #RealCostOfDebt.
More 👉 https://t.co/p4Lkk78RtA
People took to the streets in Lahore calling for a shift from fossil fuels to renewable energy. The call is simple.
The demand is already here. #SantaMarta has to answer it.
#FossilFreeFuture#JustTransitionNow
https://t.co/BXPkjFfL4j
Fisherfolk communities on the front line send their message to Santa Marta: fossil fuel dependence is hitting livelihoods, prices, and daily survival.
Move away from fossil fuels - but do it justly, or not at all.
#JustTransitiionNow#FossilFreeFuture
https://t.co/mCpBTc4Mie
1/22. ⚠️DAILY UPDATE: The first day of the 8th meeting of the Board (B8) of the Fund for Responding to Loss and Damage (FRLD) has concluded in Livingston, Zambia. 🇿🇲
🤔What happened and did it bring us closer to our mission to #FillTheFund?
The People’s Declaration for a Rapid, Equitable, and Just Transition for a Fossil-Free Future was just launched in #SantaMarta, Colombia: https://t.co/Gr8gGmQ2ZO
Press release: https://t.co/H1bkhHTc9E
The #SantaMarta conference on transitioning from fossil fuels has already named #Debt as a key obstacle to the transition.
But what are the solutions?
A #UNDebtConvention could transform the global debt system and unlock climate action!
Read more 👉 https://t.co/dI7WgIYdzJ
Ahead of a landmark global conference, civil society, Indigenous Peoples, workers & youth launch the People’s Declaration for a Rapid, Equitable, and Just Transition for a Fossil-Free Future. #SantaMarta#FossilFreeRising
https://t.co/H1bkhHTc9E
Fast, fair, financed fossil fuel phaseout!
APMDD members & partners across South & Southeast Asia mobilized on April 26 for a just, fossil-free future as 50+ govts meet in #SantaMarta.
#FossilFreeRising
More: https://t.co/dd4oil57eY