The global south’s debt crisis is thwarting climate ambition Published: 13 December 2023 Analysis Many climate-vulnerable countries cannot invest in low-carbon development unless they are offered debt relief. Policymakers must agree to reform the debt architecture and provide more concessional finance. By Maria Fernanda Espinosa and Rishikesh Ram Bhandary
The global debt crisis in many developing countries and its interconnectedness with the climate crisis Published: 4 December 2023 Analysis In the climate negotiations at COP28, the question of financing the climate crisis will be at the forefront of the debate. However, many countries in the Global South are struggling to channel extra funds into climate action, due to the unfolding debt crisis. By Sarah Ribbert
A New Common Framework Toward Guaranteeing Sustainable Development Published: 3 May 2023 Report A new report from the DRGR project analyzes new data on the level and composition of public and private external sovereign debt for emerging markets and developing economies and how this relates to climate vulnerability. By Rebecca Ray and Luma Ramos