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Hello friend,
This autumn, world leaders came together at two international meetings where campaigners had forced debt onto the agenda.
Last weekend, leaders from some of the world's richest countries met at the G20 summit in South Africa. Between them this group has the power to end wars, tackle global debt and build green economies.
So, did they use this opportunity to end the lower-income country debt crisis?
In the run up to the leaders’ summit, campaigners projected debt cancellation messages onto iconic buildings across Johannesburg, while thousands protested at a counter-summit. As Keir Starmer, the prime minister, was readying to leave, we handed an incredible 68,000 petition signatures into 10 Downing Street demanding action on debt.
Ahead of the meeting, the South African presidency said that tackling the debt crisis would be a priority and African governments called for major changes to how debt relief works. But while lower-income country governments and campaigners have been raising the alarm, rich country governments continue to drag their feet and block the changes needed. Unfortunately the G20 has again failed to come up with the reforms needed.
Earlier in the month, the United Nations climate talks in Brazil rallied thousands of activists to demand climate justice. As allies at COP30 demanded debt cancellation in the name of climate justice, we joined protests and rallies in London and Manchester to speak out on the need for action on debt ([link removed]) .
Throughout the climate talks, countries such as Egypt, Pakistan, and Cuba stressed that unsustainable debt is a barrier to climate action. As the talks progressed, protests inside and outside the conference centre made debt demands loud and clear, insisting that debt justice is essential for climate justice.
Devastatingly, COP30 failed to deliver the grant-based funds needed to stop countries being forced into even more debt because of the climate crisis – and ended without a deal on fossil fuels. However, climate justice groups made history by securing a major win - an agreement on a just transition – a significant milestone that’s being celebrated for its unprecedented inclusion of rights-based language. Thanks to the efforts of campaigners and activists, the text also recognises the need to avoid creating new debt as countries transition.
Back in the UK, we joined forces with allies to create a powerful new video about the debt crisis which was screened to MPs at an event in parliament last week. Catch it again here if you missed my last email. ([link removed])
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friend, from signing petitions to lobbying MPs, from joining rallies to donating, your campaigning has made it impossible for the government to ignore the growing urgency of the debt crisis – and has helped shine a spotlight on the urgent need for international action.
Thank you for campaigning with us!
In solidarity,
Wiz, Eva, Zak and everyone at Debt Justice
PS. Next week is the Big Give Christmas Challenge ([link removed]) . If you’d like to support our work in 2026 and help build on the momentum of the Jubilee Year then it’s the perfect time – as all donations are doubled. Keep an eye on your inbox for more info next week.
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The Big Give is coming!
For one week only, all donations made through the ** Big Give Christmas Challenge ([link removed])
will be matched – meaning anything you donate will be doubled!
Add Tuesday 2 December – Tuesday 9 December to your diary and keep an eye on your emails to make sure you don't miss out.
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