Developing countries are trapped in a vicious cycle of debt, climate change and underinvestment. As they spend more on debt interest than on healthcare, education, or climate resilience, the human costs are severe. The Debt Relief for a Green and Inclusive Recovery Project offers a bold solution: transformative debt relief to support sustainable development and climate action. It’s time to break the cycle and build a resilient, green and equitable global economy. Learn more in our video.
Explainer Video:
The COP29 and G20 must take note—now is the time for action. Please share!
Chapter:
- 00:01: The Vicious Cycle of Debt and Climate
- 00:19 Capital Flight and Climate Vulnerability
- 00:38 The Human Cost of Debt Burden
- 01:08 Why Existing Debt Solutions Fall Short
- 01:35 A New Path: Debt Relief for a Green and Inclusive Recovery
- 02:33 We need sovereign debt relief for developing countries.