#DebtSwaps #COP28 #Cancelthedebt #MakePollutersPay

Human rights, equity and climate justice must guide all COPs. These principles are needed more than ever at COP28.

Written by Shereen Talaat (MENA Fem), Iolanda Fresnillo and Leia Achampong (Eurodad)

#DebtandClimate #COP28 #Cancelthedebt #UNTaxConvention #MakePollutersPay

This expert paper, written by Eurodad's Senior Policy and Advocacy Officer for Climate Finance, Leia Achampong, looks at the gendered impacts of national and personal debt, and how this exacerbates inequalities, poverty and human rights.

The paper was presented at the UN Women CSW68 Expert Group Meeting.

#TaxJustice #UNtaxconvention #FfD4 #UNGA78 #SouthWithoutDebt #CanceltheDebt #Climatefinance 

 #TaxJustice #UNTaxConvention #UNFCCC #DebtJustice #DebtandClimate

Countries in the global south are disproportionately impacted by climate change. Yet the existing global climate finance goal of US$100 billion per year has never been met. And, according to the OECD, 71 per cent of public climate finance is delivered through loans.

Eurodad's Leia Achampong, Senior Policy and Advocacy Officer working on climate finance, analyses the Bonn Climate Change Conference.

#ClimateJustice #WorldBank #EurodadPolicyForum #DebtJustice #Events

The central driver of the World Bank's approach towards resolving the climate crisis places the  private sector as the key provider of finance and centres the WBG as a facilitator of the mobilisation of private capital. Given the Bank's record on climate, together with its plans for the future, such a scenario gives great cause for concern. Furthermore, while rich country governments - the main shareholders of the WBG - are pushing for a greater role of the WBG in climate action, they continue to fall behind on the U$S100 billion annual commitments on climate finance.