Sovereign debt Relief for climate vulnerable countries (#COP29 #G20) - Heinrich-Böll-Stiftung

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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.

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