PRESS

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Valentina Stackl
Email: press@priceofoil.org
Who we are:
Oil Change International is a research, communication, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating the coming transition towards clean energy.
PRESS RELEASES

“The COP Presidency is centering the new climate finance target, the New Collective Quantified Goal (NCQG), in this year’s UN climate talks. To deliver on last year's groundbreaking commitment to transition away from fossil fuels, rich countries must raise trillions of dollars to support climate action in developing countries. While the COP29 host recognizes the need for a significant financial increase, it fails to emphasize that it must be on fair terms to countries that need it most."

Kenya’s debt needs to be audited and any unjust debts and interests should be canceled. This would grant the country economic sovereignty, alleviate the heavy debt repayment burden on Kenyans, and give them a chance at a decent and equitable life. Rather than imposing steep austerity measures, the IMF should prioritize social and economic justice that promotes the well-being of the people. 

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