The latest from WDM | World Development Movement

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The latest from WDM

Welcome to the World Development Movement news pages. You can view our news by category in each campaign section, or get the whole lot below. For press inquiries please contact the press office.

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6 December 2011

A new climate change finance package, announced today by Chris Huhne, will push up developing countries’ debt, say campaigners from the World Development Movement.

At least £235 million of the money announced today by UK Energy and Climate Change Secretary Chris Huhne will be in the form of loans rather than grants, going through World Bank climate lending programmes that have already pushed some of the world’s poorest countries deeper into debt. 

2 December 2011

A report launched today by the World Development Movement reveals that UK climate aid is being used to produce cheap electricity for the US multinational Walmart, through a project that violates the rights of indigenous people in Mexico.

28 November 2011

A report launched by the World Development Movement reveals shocking bullying and bribery tactics employed by countries including the UK and the US to try to kill the Kyoto Protocol, as negotiators from the world’s governments gather today in Durban, South Africa, for the start of the 2011 UN climate talks.

22 November 2011

UK Chancellor George Osborne is being re-imagined in a brand new internet comedy series starring Rufus Jones (Holy Flying Circus) which premiers today (22 November) at www.therealgeorgeosborne.com. The Real George Osborne follows George and his long-suffering advisor, Vicki, as he tries to raise his political profile in a bid to become the next Prime Minister.

4 November 2011

Yesterday I went to the first international gathering of the occupy movements and 'Indignados' at the G20 alternative summit. ‘Towards convergence of the movements from the Mediterranean region’ was a space for people from different groups and countries to share their experiences and think about working towards a coordinated international movement.

4 November 2011

UK money will be used for a ‘climate loan’ to Jamaica, increasing its already heavy debt burden, following a decision by the World Bank this week.

Campaigners have condemned the loan, which will drive the Caribbean nation deeper into poverty. Jamaica’s foreign debt stands at $2,500 per person, and the country spends $1.2 billion a year on debt repayments. The government’s foreign-owed debts are 55 per cent of national income, making it's debt burden one of the heaviest in the world.[1]

26 October 2011

Protest and photo call: Anti-poverty campaigners and activists from Occupy London will stage a human casino outside Goldman Sachs highlighting how the bank’s betting on food prices is fuelling global hunger.

When: 12.15-12.30pm, Thursday 27 October

Where: Goldman Sachs, 133 Fleet Street, EC4A 2BB

20 October 2011

Plans for EU financial reform to be announced today are expected to be insufficient to tackle soaring global food prices, say campaigners from the World Development Movement.

17 October 2011

George Osborne and his G20 counterparts failed to commit to the controls needed to curb soaring food prices at their Paris meeting which concluded on Saturday.

The finance ministers promised better regulation of commodity markets, where banks and hedge funds bet on the price of basic foods – but campaigners say the measures are not strong enough to prevent speculators driving up prices.

11 October 2011

More than 450 economists from over 40 countries have called on the G20 finance ministers, who are meeting in Paris this week, to take urgent action to stop financial speculation in commodity markets driving up food prices and fuelling hunger.