What we want is to achieve the abolition of all illegitimate public debts, both in the North and in the South, it is NOT to debate and/or mobilize for the ‘Debt Relief Against Climate Action proposal’
What we want to achieve is the abolition of all illegitimate public debts, both in the North and the South, it is NOT a debate and/or mobilization on a specific issue or management of debt structure such as the Debt Relief Against Climate Action proposal.
This initiative, which promotes Debt Relief Against Climate Action swaps, is currently supported by international financial institutions (IMF IMF
International Monetary Fund Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first miss…
Read the full article at: http://www.cadtm.org/Why-the-CADTM-disputes-the-Debt-Relief-Against-Climate-Action-proposal