The Debt-Climate Nexus

Espinosa, María Fernanda; Volz, Ulrich; Li, Yuefen

Abstract

As central banks tighten monetary policy, dozens of climate-vulnerable, highly-indebted countries teeter on the edge of a financial abyss. To address the confluence of economic and environmental disasters ravaging the Global South, the international community must provide immediate debt relief in exchange for green investments.

Citation

Espinosa, M. F., Volz, U., & Li, Y. (2022). The Debt-Climate Nexus. New York

• Other Type: Other
• Publication Date: Dec 13, 2022
• Deposit Date: Apr 11, 2023
• Publisher URL: https://www.project-syndicate.org/commentary/debt-crisis-climate-change-developing-countries-g20-cop27-by-maria-fernanda-espinosa-et-al-2022-12