Ecological debt
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[Video] Le CADTM joins the international campaign Debt for Climate and calls for the cancellation of the illegitimate debts
28 February 2023 - by CADTM Belgium, Scientist Rebellion Belgium, Extinction Rebellion Belgium
On the occasion of the 70th anniversary of the cancellation of Germany’s debt, CADTM, Scientist Rebellion Belgium and Extinction Rebellion Belgium joins the international Debt for Climate campaign and calls for the cancellation of the (...) -
Financing the 30x 30 agenda for the Oceans: Debt for Nature swaps should be rejected
16 December 2022 - by CADTM, Collective
1. At the UN Biodiversity Conference, or COP-15, the post-2020 framework will likely endorse the target of declaring 30% of the world’s land and oceans as protected areas by 2030. We recognise that protected areas can be effective means to (...) -
Declaration / Statement
Why the CADTM disputes the “Swapping public debt for climate action" proposal
14 December 2022 - by CADTM
It is essential to have a responsible debate and to demystify the “Swapping public debt for climate action” proposal, which is not new and was actually very popular in the 1990s, when members of the Paris Club used debt swaps to promote the (...) -
Sign on statement
Roundtable on Sustainable Palm Oil (RSPO): 19 years is enough
2 December 2022 - by CADTM, Collective, GRAIN, Friends of the Earth
This year’s general assembly of the Roundtable on Sustainable Palm Oil (RSPO), which begins on 1 December 2022 in Malaysia, marks the alliance’s 19th anniversary. For nearly two decades now, the RSPO has failed in its mission to make the (...) -
COP27
Isn’t the cancellation of Southern debt a solution to the climate crisis?
10 November 2022 - by Scandola Graziani
Financial compensation allows the countries of the South to finance their fight against global warming. But this makes their deficit deeper. At the time of the COP27, some of them insist on cancelling their debt. Sea level rise, wildfires, (...) -
Thorny questions for Western and South African “Just Energy Transition Partnership” negotiators (from whom we won’t get satisfactory answers)
21 October 2022 - by Patrick Bond, Desmond D’Sa
What kind of monetary carrot is needed to help high-polluting middle-income countries to rapidly decarbonise? Mainly because of a South African pilot project supposedly worth $8.5 billion, the worlds of high finance and climate justice are (...) -
The debt and climate crises : Why climate justice must include debt justice
21 October 2022 - by Tess Woolfenden, Dr Sindra Sharma Khushal
The CADTM supports the following text, which shows the link between debt and climate crises and contributes some relevant ideas on this issue. However, we do not believe that radical changes such as debt cancellations will come from major (...) -
The “Debt for Climate” campaign interviews Eric Toussaint about the responsibility of private companies and international organisations, such as the IMF and WB, in climate change
5 October 2022 - by Eric Toussaint, Debt for climate
It is important to emphasise that a whole series of large capitalist companies in the North, from the beginning of the industrial revolution, developed an intensive exploitation of raw materials, developed a mode of production that emitted a (...) -
Press Release
2022: Let us end the food crisis
5 September 2022 - by CADTM International
Many countries and their populations currently face a critical situation because of the rising prices of food or the impossibility of getting access to food in sufficient quantity. As the main cause is not the war in Ukraine, as repeated by (...) -
The IRA and the four horsemen of the climate apocalypse
9 August 2022 - by Michael Roberts
The announcement that US President’s Biden’s Inflation Reduction Act (IRA) has got the backing of pro-business, coal-mining owner Democratic Senator Manchin has been greeted with a wave of optimism that the US target of cutting carbon emissions in (...) -
Climate change and wars
10 April 2022 - by Michael Roberts
As the ugly war in Ukraine drags on, with more lives lost and atrocities (apparently) committed, energy and food prices hit yet more highs. The Food and Agricultural Organisation (FAO) of the UN publishes a monthly global price index. The FAO (...) -
As Climate Crisis Worsens, the Case for Eco-socialism Strengthens
3 November 2021 - by Patrick Bond
A fierce intellectual battle continues over the ideological character of green politics. The overall conflict that emerged in past decades between environmental justice advocates on the one hand, and on the other, a coalition of states, (...) -
Lessons from the assassination of Fikile Ntshangase: Climate violence, the “Right to say No!”, uncompensated resource extraction, financial profiteering and unpaid ecological debt in South Africa’s coal mining belt
22 October 2021 - by Patrick Bond
Fikile Ntshangase died aged 63 on October 22, 2020, assassinated by three thugs who entered her house – with several grandchildren playing nearby – and shot her six times, following her success in stalling a local mine’s expansion. The murder was (...) -
“Blah, Blah, Blah”: Youth Climate Activists Slam Political Inaction at U.N. Summit Ahead of COP26
5 October 2021 - by Democracy Now!
Thousands of youth climate activists marched through the streets of Milan last week demanding world leaders meet their pledges to the Paris Climate Agreement and keep global temperatures from rising by more than 1.5 degrees Celsius. The protest (...) -
While 282 million Africans go to bed hungry every night
1 October 2021 - by Carol Thompson
More than 500 indigenous and farmer organizations across the continents have raised their voices to expose the UN’s Food Systems Summit as only advocating one food system—so they’re being silenced. The United Nations Food Systems Summit (UNFSS) (...) -
On September 24, we will strike to demand for intersectional climate justice! #Uproot The System
15 September 2021 - by Fridays for future
We’re in the midst of a climate crisis, mass species extinction, a world health pandemic, socio-economic inequality crises, and more. The current system actively strives towards highlighting the voices of the most privileged through a racist and (...) -
Pandemics and the capitalist destruction of nature
14 June 2021 - by Daniel Tanuro
The pandemic we’re coping with is a zoonosis. Zoonoses are infectious diseases caused by pathogens jumping species from animals to humans. The pathogen may be a virus, a bacterium or a prion. So far as we know, zoonoses have been present (...) -
‘Unequal ecological exchange’ worsens across time and space, creating growing Northern environmental liabilities
19 May 2021 - by Patrick Bond, Rahul Basu
What is “unequal ecological exchange,” especially when applied to resource flows affecting the Global South and its future generations? How does the North’s ecological debt – also termed environmental liabilities – to the South grow, as a result? (...) -
APMDD Statement on the 54th Annual Meeting of the Asian Development Bank
6 May 2021 - by APMDD - Asian Peoples’ Movement on Debt and Development
At this 54th annual meeting of the Board of Governors of the Asian Development Bank, we challenge the leadership and staff of the ADB to reflect seriously on its legacy. For more than five decades, the ADB has left a trail of projects that (...) -
Nigeria: Extraction-driven devastation: an interview with Nnimmo Bassey
28 April 2021 - by Nnimmo Bassey, ROAPE
In early 2021, anti-extractivist struggles won two major legal victories against Shell Oil’s operations in Nigeria. These wins represent decades of community organizing on the part of Niger Delta activists and residents. ROAPE’s Lee Wengraf (...) -
Measuring Capital’s Super-Exploitation of People and Nature in South Africa: First-Cut Empirical Evidence drawing upon Rosa Luxemburg’s Methodology
7 April 2021 - by Patrick Bond
Introduction Super-exploitation is again a hot topic of debate within international political economy scholarship, in part because “accumulation by dispossession” (using David Harvey’s phrase) is so evident at this stage of the long capitalist (...) -
“Too late to be pessimistic! Ecosocialism or collapse”
27 January 2021 - by Daniel Tanuro, Mats Lucia Bayer
We interview Daniel Tanuro, author of the book “Trop tard pour être pessimistes! Écosocialisme ou effondrement”, published this year by Éditions Textuel. As an ecosocialist activist and member of the Anticapitalist Left, Daniel Tanuro is one of the (...) -
As South African climate justice veterans fall, consciousness begins reviving, from below and across
2 January 2021 - by Patrick Bond
On three days last week – December 23-25 – South Africa’s east coast province of KwaZulu-Natal (KZN) lost three of its clearest voices for social justice and environmental sanity: rural women’s leader Sizani Ngubane (74), trade unionist Patrick (...) -
Climate and environmental crisis: Sorcerer’s apprentices at the World Bank and the IMF
23 December 2020 - by Eric Toussaint
In December 2020, on the occasion of the fifth anniversary of the signature of the Paris Agreement on Climate, the UN General Secretary sounded the alarm because the situation has fundamentally worsened. In this article we analyze what the World (...) -
Barbarians at the barn: private equity sinks its teeth into agriculture
17 December 2020 - by GRAIN
Financial flows going into agriculture are growing more and more institutionalised – and more and more private. To be sure, investing in agriculture has been going on since time immemorial. After all, farmers do it every day as they improve their (...)
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