Nigeria’s Climate, Debt Crises Hit Women, Girls, Children Hardest

Nigeria’s climate, debt crises hit women, girls, children hardest

By Gabriel Ewepu ABUJA – ActionAid Nigeria and its partners have called for urgent action to address the growing link between climate change and unsustainable debt, warning that women, girls, children and communities on the frontlines of climate impacts are bearing the greatest burden. The call followed the release of ActionAid’s international flagship report, Debt […]

ActionAid: Debt repayments threaten Nigeria’s climate funding - THE AUTHORITY NEWS

By Jane Okeke ActionAid Nigeria says rising debt repayments are putting pressure on the country’s ability to finance climate action, with women, girls and vulnerable communities bearing a disproportionate share of the impact. The organisation raised the concern following the release of its international report, Debt Fuels the Climate Crisis:...

ActionAid, DFI Propose Debt Cancellation For Climate-vulnerable Countries - Taarifa Rwanda:

A new report by ActionAid and Development Finance International (DFI) has recommended that Climate-vulnerable Countries spending about 10% of their national budgets to service external debt, should have their debts cancelled. The report, titled Debt Fuels the Climate Crisis: How the Finance Flows, says climate-vulnerable countries are spending nearly 25 times more on debt repayments […] The post ActionAid, DFI Propose Debt Cancellation For Clima…

For Climate-Vulnerable Countries, Debt Costs 25 Times More Than Climate Action

As climate disasters intensify, mounting debt is leaving vulnerable countries with less money to prepare, recover and invest in climate action. By Alissa de Chassey The countries most vulnerable to climate change are spending nearly 25 times more on repaying debt than on climate action, according to a new ActionAid report released Wednesday.