@recommon.org @fossilfreeeu.bsky.social @realzeroeurope.bsky.social

To unlock the needed public finance, rich countries can:

🤑Tax the super rich
⛽️Stop fossil fuel production
🚫Cancel unfair Global South debt
⬇️Cut military budgets

Data shows private finance-led approaches:

💰Underfund key sectors like support for workers
❗️Create more debt traps for Global South
⚖️ Increase inequality

Read more about the limits of a private finance-first approach: oilchange.org/publications...

OCI's Adam McGibbon: “It’s time for the other financiers - governments like the United States, Italy and Japan, and private financiers like Standard Chartered - to pull out too, and put an end to this nightmare project forever.”

JA! Mozambique: "Gas exploration in northern Mozambique has been associated with numerous human rights violations. In addition, the project is a carbon bomb and will have an impact on one of the most pristine ecosystems in Africa."

JA! Mozambique says local communities have suffered the brunt of this project, losing their livelihoods and lands, and other financiers should reflect on the reality of this project and put people’s rights over profits.

Read the full reactive: oilchange.org/news/uks-sta...

A huge win but we will not rest until this project is defeated and there is a just clean energy transition for the people of Mozambique.

Read OCI's press release: oilchange.org/news/uks-sta...

JA! Mozambique: “Other financiers must reflect on the reality of this project and put people’s rights over profits.”

OCI's Adam McGibbon: “Keir Starmer and his government made the right decision to refuse to fund Mozambique LNG. Time for Atradius Dutch State Business, SACE Group, Ministry of Foreign Affairs of Japan, Standard Chartered and more to follow the UK’s lead and pull out too.”

This project will not benefit ordinary Mozambicans, delivering no development or energy access benefits. It will only benefit the balance sheets of the fossil fuel companies backing it.

Mozambique LNG is a human rights and environmental nightmare, associated with multiple massacres and potential emissions larger than the annual climate pollution of the entire European Union.

OCI's Adam McGibbon: “Keir Starmer and his government made the right decision to refuse to fund Mozambique LNG. Time for Atradius Dutch State Business, SACE Group, Ministry of Foreign Affairs of Japan, Standard Chartered and more to follow the UK’s lead and pull out too.”

This project will not benefit ordinary Mozambicans, delivering no development or energy access benefits. It will only benefit the balance sheets of the fossil fuel companies backing it.

Mozambique LNG is a human rights and environmental nightmare, associated with multiple massacres and potential emissions larger than the annual climate pollution of the entire European Union.