The Need for Debt-for-Climate Swaps

Shamshad Akhtar, Kevin P. Gallagher, Stephany Griffith-Jones, Jörg Haas, and Ulrich Volz ISLAMABAD – A global debt crisis is looming. Even before COVID-19 swept the world, the International Monetary Fund had issued a warning about developing countries’ public debt burdens, noting that half of all lower-income countries were “at high risk of or already in debt distress.” As the […]

The post The Need for Debt-for-Climate Swaps appeared first on East African Business Week.

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