Layering debt relief solutions to move countries from vicious to virtuous cycles of debt

Working paper

, 32 pages

PDF (882.57 KB)

Language:

English

Published: June 2023

Publisher(s):

IIED

Area(s):

Mozambique, Togo, Cambodia, Tanzania, Myanmar (Burma), Guinea-Bissau

ISBN: 9781837590353

Product code:21521IIED

About IIED's publications

Severe climate impacts are burdening countries worldwide, particularly the least developed countries and Small Island Developing States. Each disaster adds to their existing debt, hindering recovery and trapping them in an unsustainable cycle.

This paper explores the need to break this cycle through existing debt relief options, covering the link between climate impacts and soaring debts, financing requirements in post-disaster scenarios, analysis of available relief options and the potential of layering different debt and climate finance measures.

Cite this publication

Bharadwaj, R., Mitchell, T. and Karthikeyan, N. (2023). Layering debt relief solutions to move countries from vicious to virtuous cycles of debt. IIED, London.
Available at https://www.iied.org/21521iied

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