Subject: Change Finance, not the Climate

Change Finance, not the Climate
Why we need fundamental reform instead of narrow changes.
Dear reader,

Avoiding catastrophic climate change, especially in light of the impact of Covid-19, requires “a massive transformation” in the global economy. From development banks to think tanks and climate non-governmental organizations (NGOs), there is no shortage of proposals on how to tweak today’s capitalist economy to make it work for a cleaner tomorrow. A new book argues that this is the wrong approach, and that relying on narrow and technocratic reforms to “unlock” private sector investment will not achieve anything like the scale of change needed. Instead, tougher financial and environmental regulation rather than sweeter incentives are the core means to to achieve lasting change.
Change Finance, not the Climate
This new handbook is an indispensable guide to climate activists and policy-makers alike towards a complete overhaul of the financial system to stop climate chaos. Central to its message is that fossil fuel lending can be redirected towards green energy and that public finance and ownership can bankroll and provide the infrastructure for delivering a Green New Deal.

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Your Land, My Land, Our Land
This handbook published by the Nyéléni Europe and Central Asia platform for Food Sovereignty aims to help nourish the food sovereignty movement with ideas that support local struggles for land. It also tries to connect different experiences and is an invitation to build collective intra-European support mechanisms for land struggles.

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Trade unions and the Algerian uprising
Samir Larabi, Shelagh Smith and Hamza Hamouchene explore how the fight to create independent trade unions, the rise of the unemployed movement and the struggle against state oppression in Kabylia (Algeria) have fed into the emergence of the Hirak and assess the movement’s prospects for the future.

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Articles
From 2 to 11 December 2019, a caravan of international observers (#ToxiTourMexico) travelled from west to east along the neovolcanic belt in Mexico, crossing dense industrial corridors that have attracted capital from the US, Europe and other countries along the way. Members of the Caravan witnessed the alarming environmental and health emergency situations that the affected communities are experiencing and their impressive organising and mobilising capacity and dignity.

This article examines processes through a feminist lens in order to understand the threats and opportunities for food sovereignty in fishing communities. Based on action research in these affected fishing communities, and in light of ongoing mobilizations against this kind of large-scale development logic and projects, we argue that women are key protagonists in the struggle for food sovereignty in fisher communities.

Although no crisis can be reduced exclusively to an economic or financial dimension or causation, this particular one derives from the pandemic spread of a virus with devastating human and social effects. If we want to learn something from this world crisis, we need to try to understand it taking into consideration various simultaneous perspectives (health, social, humanitarian and environmental, among others), with a long-term historical outlook (to better help us to find a way out and avoid its recurrence) and a global viewpoint.

The world’s prevailing socio-political models aren’t going to survive this pandemic. What’s going to replace them?

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