... 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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This downward spiral must be stopped! That is why we as #DebtForClimate demand the #DebtCancellation of countries of the Global South in order to bring about a self-determined and socially #JustTransition and #ClimateDebtJustice #DeudaXClima #CancelTheDebt [9/9]