External publications

The Debt-Climate Nexus

Espinosa, María Fernanda / Ulrich Volz / Yuefen Li
External Publications (2022)

published on project-syndicate.org, 13.12.2022

Information

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.