Investments in climate will become almost impossible for developing countries at risk of debt distress. Vital investments to re-ignite growth and progress on climate action in developing economies are doomed to fail if the current debt overhang remains unaddressed. NEW...
BY FRANCOIS BOURGUIGNON Does it make sense to discuss climate finance-and specifically critique its management-at a time when global urgency for climate action seems to be waning and closely related Official Development Assistance is declining? We believe it does. Such...
A blueprint for debt-for-climate-resilience swaps By Claire Peraldi Decitre, Sima Kammourieh, Saundharaya Khanna, Amaan Habibulla, Salvatore Serravalle Download the Brief Low-income countries face the dual challenge of mounting debt pressures and heightened vulnerability to climate change. Climate-related disasters force these nations to borrow at...
"Restructuring Sovereign Debt: Lessons From The Past, Reforms For The Future" SUMMARY OF WEBINAR DISCUSSIONS In the new reality shaped by COVID-19, inflation, and high interest rates, an effective and relatively efficient debt restructuring process is crucial. Recent appeals from...
By: FDL & E3G