Sovereign debt Relief for climate vulnerable countries (#COP29 #G20) - Heinrich-Böll-Stiftung
Sovereign debt Relief for climate vulnerable countries (#COP29 #G20)
Developing countries are trapped in a vicious cycle of debt, climate change and underinvestment. As they spend more on debt interest than on healthcare, education, or climate resilience, the human costs are severe. The Debt Relief for a Green and Inclusive Recovery Project offers a bold solution: transformative debt relief to support sustainable development and climate action. It’s time to break the cycle and build a resilient, green and equitable global economy.
The COP29 and G20 must take note—now is the time for action. Please share!
Learn more at www.drgr.org.
Chapter:
00:01 The Vicious Cycle of Debt and Climate
00:19 Capital Flight and Climate Vulnerability
00:38 The Human Cost of Debt Burden
01:08 Why Existing Debt Solutions Fall Short
01:35 A New Path: Debt Relief for a Green and Inclusive Recovery
02:33 We need sovereign debt relief for developing countries.