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Publications

G20’s Turn to Lead on Debt Relief for a Global Recovery

The efforts to support low income countries (LICs) with unsustainable debt burdens do not go far enough, the DRGR authors Kevin Gallagher, Shamshad Akhtar, Stephany Griffith-Jones, Ulrich Volz and Moritz Kraemer argue in a text published on the online presence of the Italian Institute for International Political Studies (ISPI).

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Press Publications

The G20’s Missed Opportunity

At “Project Syndicate”, the DRGR authors Shamshad Akhtar, Ulrich Volz, Moritz Kraemer and Stephany Griffith-Jones warn against dangerous shortsightedness in sovereign-debt restructurings and suggest steps for comprehensive debt relief oriented around a green, inclusive recovery.

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Press

New York Times Refers to DRGR in Comprehensive Article on Green Debt Relief

In the midst of the annual Spring Meetings of the International Monetary Fund and the World Bank Group, the NY Times published an article on the “systemic risk” debt and climate change pose on the world economy, quoting the DRGR proposal.

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News

DRGR-Idea Reaches Central Players: IMF and World Bank To Present ‘Green Debt Swaps’ Option by November

As reported by Reuters, IMF Managing Director Kristalina Georgieva said “green debt swaps have the potential to spur accelerated action on climate change in developing countries”, announcing appropriate instruments by November.

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News

UN Report Calls for Immediate Action Against Rising Inequality, Quoting the DRGR-Proposal

According to a new report by the United Nations, the COVID-19 pandemic is threatening the fight against poverty and increasing global inequality. In its chapter on debt relief, the text refers to our proposal.

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Events

Online Roundtable Event: Debt Relief for a Green and Inclusive Recovery in Nigeria?

The Centre for the Studies of the Economies of Africa (CSEA) together with the Heinrich Böll Foundation are hosting an online event on ‘Debt Relief for a Green and Inclusive Recovery in Nigeria?’ on Thursday, 8 April at 2 PM (WAT).

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News Publications

The Quiet before the Storm: Eurodad Report warns about Debt Crisis yet to come

According to the briefing “A debt pandemic: Dynamics and implications of the debt crisis of 2020”, public debt of developing countries has increased from an average of 40 to over 60 percent of GDP within the last ten years. More than one-third of the increase took place in 2020 alone. 

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News Publications

Finance for Biodiversity Initiative Refers to DRGR-Proposal in “Greening Sovereign Debt” Report

The “Nature and Climate Sovereign Bond Facility” proposed in a report by Finance for Biodiversity aims to build on investor interest in green debt and create nature-performance bonds and other instruments that align payments with environmental outcomes. 

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News

DRGR-Proposal Receives Recognition in Progressive International’s Policy Briefing

In the run-up to the G20 meeting on February 25 and 26, “Progressive International” featured the DRGR proposal in its policy briefing on “Debt Justice at the G20”.

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News

The DRGR-Idea Is Getting Traction

Both in the EU and the USA the general idea of aligning debt relief with climate action is getting high level support.