Rich countries ‘trap’ poor nations into relying on fossil fuels

Kaamil Ahmed reports for The Guardian that campaigners are criticizing a ‘new form of colonialism’, where countries in the global south are forced to invest in fossil fuel projects to repay debts.


In a nutshell:

Wealthier nations and private lenders are ensnaring heavily indebted countries in a cycle of fossil fuel dependence, asserts a recent study. The report reveals that mounting debt pressures are compelling impoverished nations to persist in fossil fuel projects to meet repayment obligations stemming from loans extended by more affluent countries and financial institutions. Debt Justice and their partners in affected nations are urging creditors to absolve indebted countries, particularly those associated with fossil fuel ventures. The study discloses that debt owed by developing nations has surged by 150% since 2011, with 54 countries now grappling with debt crises that divert resources away from climate crisis mitigation.

Key quote:

“High debt levels are a major barrier to phasing out fossil fuels for many global south countries,” said Tess Woolfenden, a senior policy officer at Debt Justice. “Many countries are trapped exploiting fossil fuels to generate revenue to repay debt while, at the same time, fossil fuel projects often do not generate the revenues expected and can leave countries further indebted than when they started. This toxic trap must end.”

The big picture:

Heavy reliance on fossil fuels often takes a toll on public health. The burning of these fuels releases noxious pollutants and greenhouse gases that diminish air quality, contributing to a surge in respiratory illnesses, cardiovascular diseases and premature deaths. Often lacking the resources for proper pollution control and healthcare, poor countries bear the brunt of the health impacts as the toxic cocktails of pollutants impact vulnerable populations and create entrenched health disparities.

Read the article in The Guardian.

Go deeper: Last year, Agents of Change fellow Daniel Carrión argued that combating energy poverty and energy insecurity are critical elements to achieving environmental health equity for billions worldwide.

An illustration of a house with geothermal energy leading to a heat pump

Wall Street is betting big on clean energy tech

Fervo Energy's IPO could raise $1.8 billion in one of the largest renewable energy public offerings ever, signaling growing investor confidence in clean energy.

Solar panels with wind turbines beneath electrical transmission lines at sunset.
Credit: jaroslavav/BigStock Photo ID: 109519274

Five things to know about Trump, China and wind power

The two countries are headed in different directions on energy.
A person working on a solar panel

Clean energy groups challenge NC Utilities Commission chair’s order to pause solar projects

Environmental groups are urging North Carolina regulators to resume Duke’s 2026 solar procurement, warning delays could raise power costs and slow clean energy.

Spring snowstorm blankets tulips and other Spring blooms

New paper shows surges of concentrated precipitation can lead to dryer landscapes

Snow and rain in the American West is concentrating at one of the highest rates in the world, researchers found, with implications for ecosystems, water management and this year’s El Niño.
A person kicking a soccer ball into a goal

How hot will it be at the 2026 World Cup and is it dangerous for players and fans?

Researchers warn of a ‘real risk’ of unsafe conditions, with matches in Miami most likely to be affected, but the picture is mixed across the 16 stadiums.

3D illustration of planet Earth with climate control geoengineering technology employed for filtering sunlight.
Credit: T. L. Furrer/BigStock Photo ID: 22337366

Can some very tiny particles cool the planet? One tech company says yes

Stardust Solutions says its tiny spheres can reflect the sun’s rays without harming people or the environment. Critics say private companies have no business altering Earth’s atmosphere.
Black and white cows with manure digester for production of biogas in background.
Credit: CreativeNaturePhotography/BigStock Photo ID: 146327492

Loan transfer removes bulk of USDA digester delinquencies amid pause

The US government is no longer guaranteeing funding for the nation’s largest manure digester project that was years behind on paying its loans, but the troubled government loan program that had backed that project and many others remains on hold. 
From our Newsroom
Multiple Houston-area oil and gas facilities that have violated pollution laws are seeking permit renewals

Multiple Houston-area oil and gas facilities that have violated pollution laws are seeking permit renewals

One facility has emitted cancer-causing chemicals into waterways at levels up to 520% higher than legal limits.

Regulators are underestimating health impacts from air pollution: Study

Regulators are underestimating health impacts from air pollution: Study

"The reality is, we are not exposed to one chemical at a time.”

Pennsylvania governor Josh Shapiro speaks with the state flag and American flag behind him.

Two years into his term, has Gov. Shapiro kept his promises to regulate Pennsylvania’s fracking industry?

A new report assesses the administration’s progress and makes new recommendations

silhouette of people holding hands by a lake at sunset

An open letter from EPA staff to the American public

“We cannot stand by and allow this to happen. We need to hold this administration accountable.”

wildfire retardants being sprayed by plane

New evidence links heavy metal pollution with wildfire retardants

“The chemical black box” that blankets wildfire-impacted areas is increasingly under scrutiny.

Stay informed: sign up for The Daily Climate newsletter
Top news on climate impacts, solutions, politics, drivers. Delivered to your inbox week days.