PUBLIC MEETING: The financial and climate crisis: It's time to pay back the Global South

limerick | environment | event notice Wednesday June 17, 2009 16:52 by Debt and Development Coalition Ireland

A discussion on global tax justice and ecological debt

Lidy Nacpil of Jubilee South and Nancy Serrano of Climate Camp Ireland speak about the links between economic and environmental justice.

“The financial and climate crisis: It's time to pay back the Global South - A discussion on global tax justice and ecological debt”

Limerick Youth Service, Lwr Glentworth St, Limerick City

7pm to 9pm

Speakers:

Lidy Nacpil (Jubilee South)

Nancy Serrano (Climate Camp Ireland)

Tax justice is becoming one of the key issues in the struggle to eliminate global poverty. Every year Southern governments lose €160 billion in revenue because of illicit tax avoidance by multi-national corporations. Tax havens have undermined social development and promoted many of the financial practices that led to the current global recession. Also as international climate negotiations intensify, ecological debt is high on the agenda of debt campaigners.

It is critical that Northern countries acknowledge their climate debt to the global South and ensure that Southern countries do not have to accept loans to cope with the disastrous impacts of climate change.

Lidy Nacpil of Jubilee South will speak alongside Nancy Serrano of Climate Camp Ireland about the scale of this problem and the steps that can be taken to tackle it.