Jubilee Scotland and our partner organisations Global Justice Now and Christian Aid are calling on private banks with links to Scotland to offer debt cancellation to all countries that need it. In 2020 public debt increased in 108 developing countries, as the pandemic shut down their economies and … [...]
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Zambia Vs Black Rock: Sign the petition to #CancelTheDebt
Zambia is going head-to-head with the largest investment company in the world, BlackRock. For the financial giant, it’s just business as usual, but for the Zambian people, the stakes are much higher. Zambia is in the middle of a huge debt crisis. Debt payments were already higher than health, education and social spending combined. But… Take Action
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PPPs Hampering Net Zero Ambitions
Since the 1990s Scotland has been using Public Private Partnerships (PPPs) to fund public infrastructure projects. This scheme – in its various forms over the years (PFI, NPD, HUB) – has emulated our throw away culture as it saddles taxpayers with expensive, low quality & short-lived buildings which create unnecessary carbon emissions every time they… Take Action
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Our reaction to the Scottish Budget 2023-2024
Last week we heard a new budget statement from Deputy First Minister John Swinney, here’s a round-up of our reaction to what was said about public services. (Please note this does not examine the statement in chronological order). The Scottish Government priority: more resources at local level Statement from John Swinney: “The Government will invite… Take Action
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Nuclear RAB: Another aspect of Johnson’s toxic legacy – Jim Cuthbert
Yet another aspect of former prime minister Boris Johnson’s legacy was his decision to try to solve the UK’s medium term energy needs by going for a programme of eight new nuclear power stations. It’s not just that this decision is questionable in itself. In addition, the Regulatory Asset Base, (RAB), funding model which Johnson… Take Action
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Shameless PPProfiteering of Scottish Public Funds: making money from hospital parking during COVID
Jubilee Scotland is campaigning against the use of Public Private Partnerships (PPPs) in Scotland. The PPP model results in private companies being paid huge amounts of money across a span of up to 30 years, resulting in public infrastructures not necessarily being built in the best interest of the public, but instead, with a focus… Take Action
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Economic Vulnerability as a Basis for Meaningful Debt Relief
By Jürgen Kaiser on behalf of erlassjahr.de Within past debt relief initiatives, such as the Multilateral Debt Relief Initiative (MDRI) or the present G20 Debt Service Suspension Initiative (DSSI), creditors have limited their availability to countries that meet a specific set of poverty-indicating criteria, such as a very low income level, and have quite successfully… Take Action
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Jubilee Scotland attend EURODAD conference in Brussels: Reboot the System – Defining Joint Strategies for Economic Justice
Last week, the Jubilee Scotland team was in Brussels to attend EURODAD’s first in-person conference in almost three years. On June 9th and 10th, allies from all over the world were able to meet, both in Belgium and online. The European Network on Debt and Development (EURODAD) is a network of 52 European NGOs and… Take Action
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What does debt have to do with climate?
In this time of climate emergency and urgent calls to investment for climate adaptation and mitigation, a question that must not be overlooked is that of debt. Indeed, Jubilee Scotland is worried to see the current debt levels in low-income countries increasing. Many low- and middle-income countries are struggling with slow economic growth and high… Take Action
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We’re closing but we’re celebrating the incredible work!
We are very sad to announce that Jubilee Scotland is closing its doors on the 31st of December 2023. It’s been a fantastic run and we are incredibly proud of the work we have done together. We cannot thank you enough for your support, whether you’ve given your time, finances or helped spread the word… Take Action
Scotland Against Climate Debt
Climate Debt concerns the moral debt between developed countries and the countries and communities that suffer the most from climate change. The ongoing global pandemic has only exacerbated this divide and inundated those already debt-stressed countries with more loans. While the World Bank and … [...]