The statement was cosigned by the Anglican Communion, Franciscans International, and Lutheran World Federation. Adenekan, currently a student at the Ecumenical Institute at Bossey, is conducting research with the WCC's Living Planet Programme on the intersection of climate and debt in Nigeria and the role of churches as a contribution to the WCC's Turn Debt into Hope Campaign. "Many of these countries are spending more on servicing debt than on lifesaving public services and responding to the climate emergency," Adenekan stated in his address to the UN Human Rights Council. "In other words, obligations to repay debt are preventing governments from meeting people's rights to health, education, and a clean environment." He explained how climate-vulnerable countries face a vicious cycle of indebtedness, as extreme climate events force them to borrow more to support affected communities and fund reconstruction efforts. The statement emphasized that developing countries lose billions of dollars annually due to tax evasion and avoidance by multinational corporations and wealthy individuals – resources that could be invested in just climate transitions. |
No comments:
Post a Comment