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Ecological debt: how we ask for
its repayment?
CENSAT Agua Viva – FoE
Colombia
Friends of the Earth International
Bali, 2007
Juana Camacho email:
deuda@censat.org
WHAT IS ECOLOGICAL DEBT
CARBON DEBT
BIOPIRACY
EVIRONMENTAL LIABILITIES
UNPAID COSTS
WHERE WE STAND
ECOLOGICAL DEBT IS OWED BY RICH
ELITES
ECOLOGICAL DEBT INCREASES VULNERABILITY OF
LOCAL COMMUNITIES AND COUNTRIES
MONEY SHOULD BE USED IN MAKING THE PLANET
A BETTER PLACE THAN IN DESTROYING IT
HOW TO QUANTIFY
ECOLOGICAL DEBT
ECOLOGICAL DEBT IS ABOUT CRIMES, HUMAN RIGHTS
VIOLATION, IS NOT POSSIBLE TO QUANTIFY HUMAN LIFES
BUT WE NEED RESOURCES TO FACE
IMPLICATIONS OF ECOLOGICAL DEBT
BUT WE NEED RESOURCES TO FACE
IMPLICATIONS OF ECOLOGICAL DEBT
resources have to be raised in a
justice framework
HOW TO QUANTIFY
ECOLOGICAL DEBT
Ecological footprint as main starting
point
What do market prices stand for?
Do the math
Debitors or Creditors?
Credit after Debt prior
to transfer to transfer
Top 10 creditors
Malaysia 178,389 39,673
Venezuela 26,160 35,360
Indonesia 11,216 128,940
Paraguay 8,693 2,162
Latvia 5,764 475
Botswana 5,728 614
Colombia 4,795 28,900
P N Guinea 4,619 2,507
Gabon 3,983 4,310
Uruguay 3,614 5,901
Where the money should come
from?
• Debt cancellation: USD 728 bn
1996
• Military spending redirection:
USD 1 tn 2006
• Ecological debt repayment?
• Redirection of fossil fuels
subsidies

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Ecological debt: how we ask for its repayment?

  • 1. Ecological debt: how we ask for its repayment? CENSAT Agua Viva – FoE Colombia Friends of the Earth International Bali, 2007 Juana Camacho email: deuda@censat.org
  • 2. WHAT IS ECOLOGICAL DEBT CARBON DEBT BIOPIRACY EVIRONMENTAL LIABILITIES UNPAID COSTS
  • 3. WHERE WE STAND ECOLOGICAL DEBT IS OWED BY RICH ELITES ECOLOGICAL DEBT INCREASES VULNERABILITY OF LOCAL COMMUNITIES AND COUNTRIES MONEY SHOULD BE USED IN MAKING THE PLANET A BETTER PLACE THAN IN DESTROYING IT
  • 4. HOW TO QUANTIFY ECOLOGICAL DEBT ECOLOGICAL DEBT IS ABOUT CRIMES, HUMAN RIGHTS VIOLATION, IS NOT POSSIBLE TO QUANTIFY HUMAN LIFES BUT WE NEED RESOURCES TO FACE IMPLICATIONS OF ECOLOGICAL DEBT BUT WE NEED RESOURCES TO FACE IMPLICATIONS OF ECOLOGICAL DEBT resources have to be raised in a justice framework
  • 5. HOW TO QUANTIFY ECOLOGICAL DEBT Ecological footprint as main starting point What do market prices stand for? Do the math
  • 6. Debitors or Creditors? Credit after Debt prior to transfer to transfer Top 10 creditors Malaysia 178,389 39,673 Venezuela 26,160 35,360 Indonesia 11,216 128,940 Paraguay 8,693 2,162 Latvia 5,764 475 Botswana 5,728 614 Colombia 4,795 28,900 P N Guinea 4,619 2,507 Gabon 3,983 4,310 Uruguay 3,614 5,901
  • 7. Where the money should come from? • Debt cancellation: USD 728 bn 1996 • Military spending redirection: USD 1 tn 2006 • Ecological debt repayment? • Redirection of fossil fuels subsidies