Developing countries need debt relief to act on climate change

Published on January 29, 2024

Climate change is not some distant menace; its effects are already being felt worldwide, especially in climate-vulnerable developing economies.

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Developing countries need debt relief to act on climate change

January 29, 2024
While developed economies have pledged to increase climate financing by 2030, developing economies are struggling to cover the costs of climate action while managing their debts, which will undermine progress on the green transition.