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 […]
News
Responsibility without power: the mark of the mug through the ages. (by Jim Cuthbert)
At Jubilee Scotland, we are campaigning against the use of Public Private Partnerships. To help us with this campaign, we put together a task force, and Jim Cuthbert is a member of this task force. Below you’ll find Jim’s thought on the fiscal settlement and its limitations, which are big concern when it comes to […]
PPPs: An international issue
Jubilee Scotland is campaigning against the use of Public Private Partnerships (PPPs) in Scotland. This fight is part of a bigger conversation. Unjust PPP contracts and schemes are prevalent on a global scale, and they need to be addressed. PPPs are far from an issue limited to Scotland. Despite a lack of a clear definition […]
Jubilee Scotland and Global Justice Now Protest in the Heart of Edinburgh
Jubilee Scotland and Global Justice Now joined forces last week to ask BlackRock to cancel or suspend debts between them and Zambia as the country struggles to fund healthcare and education for the Zambian people whilst BlackRock are set to make 110% profit. The two organisations came together to create a BlackRock pinata that was […]
Zambia Vs Black Rock: Sign the petition to #CancelTheDebt
In April 2022, Zambia will go 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 […]
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 […]
Jubilee Scotland’s 2022 Campaign: Scotland Against Public Private Partnerships (SAPPP)
Jubilee Scotland is bringing attention back to Public Private Partnerships (PPPs) with the second stage of a campaign to bring them to an end across Scotland. PPPs have saddled the Scottish public sector with debt, poor service, lack of accountability, and unsafe buildings since 1990 when Private Finance Infrastructures (PFIs) were introduced across the UK. […]
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 […]
Why Debt Still Matters in 2022
Jubilee Scotland was born out of the campaigns of the late 90’s that pushed for the need to address unjust and unpayable debts in the poorest countries – the word ‘jubilee’ itself refers to debt relief. Today – 20 years later – debt remains a hindrance to positive development around the world.
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