Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Protesters demand debt cancellation, climate action ahead of UN summit
    Headlines

    Protesters Demand Debt Cancellation, Climate Action Ahead of UN Summit

    Published by Global Banking & Finance Review®

    Posted on June 29, 2025

    2 min read

    Last updated: January 23, 2026

    Add as preferred source on Google
    Protesters demand debt cancellation, climate action ahead of UN summit - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilitydebt instrumentsfinancial communityClimate ChangeDeveloping countries

    Quick Summary

    Activists in Seville demand debt relief and climate action before a UN summit, criticizing its lack of ambition and urging tax reforms.

    Activists Rally for Debt Relief and Climate Action Before UN Summit

    By David Latona and Silvio Castellanos

    SEVILLE, Spain (Reuters) -Activists marched in blistering heat through southern Spain's Seville on Sunday, calling for debt cancellation, climate justice and taxing the super rich on the eve of a UN summit on financing development that critics say lacks ambition and scope.

    The four-day meeting - held once every decade - promises to take on poverty, disease and climate change by mapping out the global framework for development. But the United States' decision to pull out and wealthy countries' shrinking appetite for foreign aid have dampened hopes that the summit will bring about significant change.

    Greenpeace members carried a float depicting billionaire Elon Musk as a baby wielding a chainsaw, seated atop a terrestrial globe. Others held up banners reading "Make Human Rights Great Again", "Tax justice now" or "Make polluters pay".

    Beauty Narteh of Ghana's Anti-Corruption Coalition said her group wanted a fairer tax system and "dignity, not handouts".

    Sokhna Ndiaye, of the Africa Development Interchange Network, called on the public and private sectors to be "less selfish and show more solidarity" with developing countries.

    Hours earlier, however, Spanish Prime Minister Pedro Sanchez said that "the very fact that this conference is happening while conflict is raging across the globe is a reason to be hopeful".

    Speaking at an event by non-profit Global Citizen, Sanchez reiterated Madrid's commitment to reach 0.7% of GDP in development aid and urged other countries to do the same.

    Jason Braganza, executive director of pan-African advocacy group AFRODAD who took part in the year-long negotiation on the conference's final outcome document, said countries including the U.S., the European Union and Britain had obstructed efforts to organise a UN convention on sovereign debt.

    "It's a shame these countries have opted to protect their own interests and those of creditors over lives that are being lost," he added.

    (Reporting by David Latona and Silvio Castellanos; Editing by Andrea Ricci)

    Key Takeaways

    • •Activists demand debt cancellation and climate justice.
    • •Protests occur ahead of a UN summit on financing development.
    • •Critics argue the summit lacks ambition and scope.
    • •Greenpeace targets billionaires with symbolic protests.
    • •Calls for fairer tax systems and global solidarity.

    Frequently Asked Questions about Protesters demand debt cancellation, climate action ahead of UN summit

    1What are the main demands of the protesters?

    Protesters are calling for debt cancellation, climate justice, and taxing the super rich.

    2What is the significance of the UN summit mentioned?

    The four-day meeting aims to address poverty, disease, and climate change by establishing a global framework for development.

    3What did Spanish Prime Minister Pedro Sanchez say about the conference?

    Sanchez expressed hope that the conference is happening despite global conflicts and reiterated Spain's commitment to increasing development aid.

    4Who is Beauty Narteh and what did she advocate for?

    Beauty Narteh is from Ghana's Anti-Corruption Coalition, and she advocated for a fairer tax system and dignity for people rather than handouts.

    5What criticism did Jason Braganza express regarding certain countries?

    Jason Braganza criticized countries like the U.S. for prioritizing their own interests and those of creditors over the lives of people in need.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Denmark's Frederiksen faces tough coalition talks to remain prime minister
    Denmark's Frederiksen Faces Tough Coalition Talks to Remain Prime Minister
    Image for UK police arrest two men over arson attack on Jewish community ambulances
    UK Police Arrest Two Men Over Arson Attack on Jewish Community Ambulances
    Image for Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    Image for Denmark's left-wing bloc leads election but lacks majority, exit polls show
    Denmark's Left-Wing Bloc Leads Election but Lacks Majority, Exit Polls Show
    Image for Moldovan parliament backs energy state of emergency after power line put out of action
    Moldovan Parliament Backs Energy State of Emergency After Power Line Put Out of Action
    Image for US expected to send thousands more soldiers to Middle East, sources say
    US Expected to Send Thousands More Soldiers to Middle East, Sources Say
    Image for Brazil court places Bolsonaro under house arrest on health grounds
    Brazil Court Places Bolsonaro Under House Arrest on Health Grounds
    Image for Analysis-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
    Analysis-Gulf Warnings and Fears of Miscalculation Preceded Trump’s Pause in Iran Showdown
    View All Headlines Posts
    Previous Headlines PostChile Picks Jeannette Jara to Face Off Against Right-Wing Presidential Field
    Next Headlines PostNetanyahu Sees Iran Outcome Opening Door to Gaza Hostage Return