
Climate Debt
Climate Debt Cripples Vulnerable Nations
High debt burdens continue to strangle the most climate-vulnerable countries, hindering their ability to invest in climate action. These nations are projected to face their highest debt payments in over 30 years. Since the pandemic, external debt payments for over 50 vulnerable countries have quadrupled. A Debt Justice report, using World Bank and IMF data, […]
June 3, 2024