Debt, Climate and the Pressing Need for Collaboration: Insights from the 2024 IMF/World Bank Group Spring Meetings

Despite historic debt levels and escalating challenges faced by emerging and developing economies (EMDE), there was little to no progress regarding debt at the annual International Monetary Fund (IMF)/World Bank Group Spring Meetings. However, the discourse at the meetings highlighted the urgent need for innovative solutions and greater cross-border cooperation. Here is an overview of the most important developments.