You are here
» » Debts add to disaster for climate-hit...
Debts add to disaster for climate-hit nations | Letters
Sarah-Jayne Clifton says countries such as Antigua and Barbuda need debt cancellation, and assistance to help them rebuild should be grants, not loans, while Ian Tysh tears into Theresa May’s domestic climate change policiesFor many countries impacted by the negative impacts of climate change, much more money is leaving in debt payments than they receive in grants to cope with climate impacts (Theresa May: It’s Britain’s duty to help nations hit by climate change, 12 December).Even before this autumn’s devastating hurricanes, Caribbean countries were suffering under unsustainable debts caused by the legacy of colonialism, unjust trade rules, harsh austerity measures imposed in return for bailouts, and past disasters. Now countries such as Antigua and Barbuda, and Dominica, are expected to keep paying debts while struggling to rebuild. Continue reading...