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.

A view of a digital global map

A review of rescued climate data

The Trump administration has shut down websites like climate.gov and other climate data projects. Academics, journalists, and nonprofit organizations are working to rebuild what has been lost.
A group of workers standing next to a yellow truck fixing a pipe

Trump ordered to release billions in climate grants

From the water crisis in Jackson, Mississippi, to sewage problems in Alabama, stalled projects could get new life after federal court rulings.
A solar panel with wind turbines and an energy plant in the background

Amid renewable energy backlash, some Nebraska communities are making millions

Power generation is essential for economic growth, according to business leaders, but some Nebraskans remain steadfast in their opposition to wind and solar.

A view of a valley with mountains in the background with melting snow on their banks

Scientists define a new category of heat wave: ‘Snow eaters’

Unseasonably warm weather that rapidly melts snowpack is becoming more widespread in the U.S. West and happening earlier in the year.
A machine for cutting steel sheets in the interior of a factory

Ohio steel giant aims to use Biden climate funds for polluting project

Cleveland-Cliffs got $500M for a big green-steel push. Under Trump, the firm is “rescoping” to work that perpetuates coal use and will boost local pollution.

Man's hands holding coal against a background of black coal

Pennsylvania coal industry positions itself for a future in energy and new tech

Some see this moment of rapidly growing energy demand and desire for reliable, domestic energy as an opportunity to revitalize coal’s image.
Man wiping the sweat off of his forehead with a shirt while sitting outside in a park

Warning for heat and drought-hit UK: It gets worse without climate action

Climate Change Committee’s Baroness Brown said the ‘evidence is screaming at us’ of the need to act on climate change.
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.