The World Bank and IMF are likely to announce a new debt relief initiative at COP26, tying debt relief to Green investment. At the Centre for the Study of Financial Innovation (CSFI), DRGR-author Stephany Griffith-Jones explains our proposal as an alternative based on the Brady Plan that helped Latin America in the 1970s/80s.
On Monday, 28. June 2021 the Heinrich Böll Stiftung, the Centre for Sustainable Finance at SOAS University London and the Global Development Policy Center, Boston University hosted an expert webinar discussion and presentation of its new report.
This Dev Talk, jointly hosted by the OECD Development Centre and the Boston University Global Development Policy Center, examined what debt-for-climate swaps entail and whether they can deliver with a speed and scale commensurate with the urgency of both crises.
On Monday, 16. November 2020, 2pm UTC, we launched the report “Debt Relief for a Green and Inclusive Recovery”. It puts forth an ambitious proposal for concerted and comprehensive debt relief on a global scale to support sustainable recoveries, economic resilience, and a just transition to a low-carbon economy.
This is the transcript of Barbados Prime Minister Mia Mottley’s speech delivered at the launch of the report “Debt Relief for a Green and Inclusive Recovery“. The transcript is not official – please listen yourself at the recording.
The Special Session ‘Climate Action in Times of Debt Distress’ at the Third Annual Conference of the Global Research Alliance for Sustainable Finance and Investment, examined the options for debt rescheduling that will allow for people centred investments that address climate change and inequality by leaving fossil fuels in the ground. Several co-chairs of the initiative presented insights into the issue.
