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.
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.
On Wednesday, 28. October 2020 the DRGR proposal received several positive commentaries at a pre-launch event at the World Bank. German Executive Director Jürgen Zattler invited multiple report authors to present the core ideas of our report.