As debt and climate crises deepen, we’re calling for urgent action. PIH joins the Global Week of Action for Debt Justice to demand fair economies, debt cancellation, and climate justice.
Learn more: https://bit.ly/4nXLWWA
#GWoA2025 #DebtJustice #CancelTheDebt #UNDebtConvention #FundTheFuture
Let our calls and demands ring out loud and strong, as we assert: Stop the Harm! Cancel the Debt! Reparations and Just Transition Now! #StopTheHarm
#CancelTheDebt
#UNDebtConvention
#FundTheFuture
#DefendHumanRights
#EndInequalities
#justtransition
Stop the harm 🚫 Cancel the debt! The IMF and World Bank leave a trail of debt and destruction across the Global South. We demand justice, reparations & a #JustTransition! Over 3.4B people live in countries that spend more on debt service than on health or education.
#CancelTheDebt #UNDebtConvention
Stop the harm! Cancel the debt! Reparations and Just Transition now! Democratize debt governance. Reject false debt solutions! We want a UN Debt Convention!
🚫 Privatisation, austerity & debt swaps are false solutions. We need real alternatives that put people & planet FIRST. #DefendHumanRights #EndInequalities #UNDebtConvention
Sign the common statement ➡️thisworldisours.org/october-13-18-mobilizati...
🌍 Stop the harm! Cancel the debt! The IMF and World Bank leave a trail of debt and destruction across the Global South.
We demand justice, reparations, and a #JustTransition!
#StopTheHarm #CancelTheDebt #UNDebtConvention
🌍 Stop the harm! Cancel the debt! The @IMFNews and @WorldBank leave a trail of debt and destruction across the Global South. We demand justice, reparations, and a #JustTransition!
#StopTheHarm #CancelTheDebt #UNDebtConvention
Die AfricanUnion forderte die Einrichtung einer #UNDebtConvention, um die Schuldenkrise zu lösen.
In der Zwischenzeit sind die USA aus dem #FfD4-Prozess ausgestiegen, und die EU distanziert sich von der Verpflichtung, einen zwischenstaatlichen Schuldenprozess einzuleiten.
.@latindadd.bsky.social's Patricia Miranda:
The #UNDebtCOnvention is not just about #debt cancellation & resolution, but also prevention. It would ensure all lenders & borrowing countries are held accountable. #SovereignDebt needs to be addressed as a whole to ensure coherence and set int'l norms.
How are #Jubilee2025 & #UNDebtConvention linked?
H.E. Archbishop Gabriele Caccia:
⚠️Shall not kill = shall not do an economy of exclusion & exploitation. This economy kills.
⚠️ The financial crisis is rooted in a profound human crisis. We've created a throwaway culture that's spreading.
#FfD4People
The Global South is paying more to creditors than they receive in climate finance or development aid, trapping them in unending & worsening cycles of borrowing &repayments.
#UNDebtConvention #CancelTheDebt for developing countries to provide basic public services & tackle the climate crisis.
@AfricanUnion called for the establishment of a #UNDebtConvention to resolve the #debt crisis.
The @US walked out of the #FfD4 process, and the @EU distanced itself from committing to an intergovernmental debt process.
#CancelTheDebt
#DebtJusticeNow
#UNDebtConvention
#FfD4People
#SystemChangeNow
A system that exploits will never deliver justice: we demand system change now!
thisworldisours.org/payup/
#PayUp#ClimateFinanceNow#ReparationsNow #TaxTheRich #EndCorporateGreed #TaxJusticeNow #MakeMNCsPay
#WealthTaxNow #CancelTheDebt #DebtJusticeNow #UNDebtConvention
tinyurl.com/57ar2vkm A call for Global Mobilizations on June 27-29 | 17 ΣΒΑ – 4ο Διεθνές Συνέδριο για τη Χρηματοδότηση της Ανάπτυξης | #PayUp #ClimateFinanceNow #ReparationsNow #TaxTheRich #EndCorporateGreed #TaxJusticeNow #MakeMNCsPay #WealthTaxNow #CancelTheDebt #DebtJusticeNow #UNDebtConvention
Beyrra Triasdian of TrendAsia warns about the vicious cycle of debt worsened by continued dependence on fossil fuel ⛽️ especially for vulnerable countries.
#CanceTheDebt #DebtJusticeNow #UNDebtConvention #FfD4People
Data shows low income countries are sinking in unfair debt and can’t afford a transition without 💵.
Time to #CancelTheDebt, set up #UNDebtConvention
More details in our new report: oilchange.org/publications...
Para 1 Stresses the importance for the international community to utilise the opportunities presented by the 4th Financing for Development Conference (FfD4) in Seville to promote structural reform of the international financial architecture to democratise international development cooperation and create equal power sharing, and to call for equitable and inclusive development cooperation policies that support gender equality
Para 18 Calls for the opening of an intergovernmental process to set up a UN Framework Convention on Sovereign Debt to address responsible financing with the purpose of preventing and resolving unsustainable debts; urges the EU and its Member States to support this process, to ensure fair burden-sharing among all creditors, including multilateral development banks, where necessary...
Para 19 Believes that, in many cases, only general debt relief and cancellation of debt, free of economic policy conditions and accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments; stresses the need to develop domestic legislation to enforce private creditor’s participation in debt restructuring deals
Para 24 Stresses the importance of increasing public and grants-based finance for climate mitigation and adaptation, and that climate finance in the form of loans risks further aggravating the debt distress of low- and middle-income countries
Yesterday, @europarl.europa.eu rejected:
1️⃣strong language on ambition for #FfD4
2️⃣calls for a #UNDebtConvention
3️⃣calls for #debt cancellation
4️⃣calls for grants for #ClimateFinance
The world is watching you – #EU, #UK and other blockers hindering progress towards a #UNDebtConvention.
We urge negotiators at FFD4 to heed our call.
Listen to the Global South’s demands for #DebtJustice at #FFD4: debt justice and a UN Framework Convention on Debt now!
#FFD4People
To the UK, EU, Canada, Australia, Japan, Switzerland and New Zealand: Stop sabotaging the outcome of FfD4!
👀The world is watching you – #EU, #UK and other blockers hindering progress towards a #UNDebtConvention.
Listen to the global south's demands for #DebtJustice at #FFD4❗
#FfD4People
cc. @euatun.bsky.social, @ec.europa.eu, @europarl.europa.eu, @consilium.europa.eu
Global North governments are blocking progress on sovereign debt reform in the #FFD4 text.
The world is watching you – #EU, #UK and other blockers hindering progress towards a #UNDebtConvention. Listen to the Global South’s demands for #DebtJustice at #FFD4.
And don't be fooled, the powerful elites are pushing back on this #UNDebtConvention proposal with lies and false solutions. Even Mexico!
4/6
🚨 There is an urgent need for fair, equitable, and transparent debt resolution mechanisms that serve the collective interest of all people and nations.
#EraofJustice #UNDebtConvention
2/6
The Fourth Financing for Development Conference in June could chart a path towards establishing a multilateral sovereign debt mechanism - ideally enshrined in a UN Debt Convention - to overhaul the global debt architecture and prevent future crises.
#UNDebtConvention #FfD4People #ClimateFinance
The world’s poorest countries are paying more in debt than they receive in aid
📢 This is not development. It’s a broken, colonial system!
#FfD4 must change that: support Para 10 & Para 43 e alt2.
#FfD4People #UNDebtConvention #CancelTheDebt
@ec.europa.eu @europarl.europa.eu @euatun.bsky.social
The debt crisis has deep colonial roots.
True justice means acknowledging the colonial financial debt owed by the global north to the global south. #CancelTheDebt #FfD4People #UNDebtConvention
Global north governments must stop blocking debt architecture reform and start supporting justice, sustainability, and the right of the global south to a fair financial future. #FfD4 #UNDebtConvention #FfD4People
The IMF, World Bank, and G20 are blocking real debt solutions, protecting creditors over communities. No more band-aids. We need an international process at the UN for real, fair, and fast debt resolution.
#DebtJustice #FfD4 #FfD4People
#UNDebtConvention #DebtJusticeNow
Mientras los Estados miembros de la #ONU negocian a puerta cerrada sobre #FfD4, hacemos un llamado:
📢 ¡Mantengan la ambición!
🎙️ Escuchen al Sur Global
🧭 Apoyen reformas reales y democráticas sobre deuda y cooperación internacional para el desarrollo
#UNDebtConvention #DebtJusticeNow #FfD4People
Great news for #debtjustice! The Development Committee's report backs a #UNDebtConvention and urges the EU to support it. This is a key step to end harmful debt cycles and free up funds, including for health. The @europarl.europa.eu will vote on the report on 16 June - just ahead of #FFD4.
Meanwhile more support is building for a #UNdebtconvention:
The African Union (AU) has publicly voiced its support for a UN convention on debt, advocating for a reformed global financial architecture that prioritizes Africa's interests and addresses its debt challenges.
au.int/sites/defaul...
