Debt Archives https://www.climatechangenews.com/tag/debt/ Climate change news, analysis, commentary, video and podcasts focused on developments in global climate politics Tue, 14 Apr 2026 10:04:57 +0000 en-GB hourly 1 https://www.climatechangenews.com/wp-content/files/2025/02/cropped-site-icon-120x120.png Debt Archives https://www.climatechangenews.com/tag/debt/ 32 32 Broken debt system must be fixed to confront future climate shocks https://www.climatechangenews.com/2026/04/14/broken-debt-system-must-be-fixed-to-confront-future-climate-shocks/ https://www.climatechangenews.com/2026/04/14/broken-debt-system-must-be-fixed-to-confront-future-climate-shocks/#respond Tue, 14 Apr 2026 10:04:55 +0000 https://www.climatechangenews.com/?p=84719 New UN-supported forum should challenge a global system that leaves many Global South nations with zero fiscal breathing space to navigate climate disasters and economic crises

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Without debt relief, climate action will fail https://www.climatechangenews.com/2025/05/07/without-debt-relief-climate-action-will-fail/ https://www.climatechangenews.com/2025/05/07/without-debt-relief-climate-action-will-fail/#respond Wed, 07 May 2025 07:44:38 +0000 https://www.climatechangenews.com/?p=70618 Many Global South countries spend five times more on repaying debt than tackling climate change - governments meeting in Seville next month can stop this downward spiral

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In a world first, Grenada activates debt pause after Hurricane Beryl destruction https://www.climatechangenews.com/2024/08/21/in-a-world-first-grenada-activates-debt-pause-after-hurricane-beryl-destruction/ Wed, 21 Aug 2024 16:06:45 +0000 https://www.climatechangenews.com/?p=52594 More creditors are agreeing to suspend debt payments in the wake of weather disasters, but experts say greater financial relief will be needed

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Will blossom of reform bear fruit? Spring Meetings leave too much to do  https://www.climatechangenews.com/2024/04/25/will-blossom-of-reform-bear-fruit-spring-meetings-leave-too-much-to-do/ Thu, 25 Apr 2024 14:30:43 +0000 https://www.climatechangenews.com/?p=50771 Changes are afoot at the IMF and World Bank - but debt-squeezed developing nations need far faster access to more finance for climate action

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Fossil fuel debts are illegitimate and must be cancelled  https://www.climatechangenews.com/2024/04/16/fossil-fuel-debts-are-illegitimate-and-must-be-cancelled/ Tue, 16 Apr 2024 13:37:56 +0000 https://www.climatechangenews.com/?p=50670 The Spring Meetings of the World Bank and IMF are a chance to transform outstanding debts for fossil fuel projects into grants for renewable energy systems

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Debt relief must break dependence on fossil fuel exports https://www.climatechangenews.com/2023/09/13/debt-relief-must-break-dependence-on-fossil-fuel-exports/ Wed, 13 Sep 2023 16:08:18 +0000 https://www.climatechangenews.com/?p=49208 There is a vicious cycle between fossil fuel reliance and debt, which helps explain why so many oil exporters are heavily indebted

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World Bank to suspend debt repayments for disaster-hit countries https://www.climatechangenews.com/2023/06/22/world-bank-debt-disaster-climate/ Thu, 22 Jun 2023 16:41:25 +0000 https://www.climatechangenews.com/?p=48757 A pause on loan repayments can give vulnerable countries breathing space when hit by a natural catastrophe

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Rare IMF relief offers a hope of green recovery to debt-laden nations https://www.climatechangenews.com/2021/03/26/rare-imf-relief-offers-hope-green-recovery-debt-laden-nations/ Fri, 26 Mar 2021 15:11:26 +0000 https://www.climatechangenews.com/?p=43717 As the IMF prepares a $650 billion injection of funds into the global economy, there are calls to target support to climate vulnerable nations

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Oxfam: Rich countries are not delivering on $100bn climate finance promise https://www.climatechangenews.com/2020/10/20/oxfam-rich-countries-not-delivering-100bn-climate-finance-promise/ Tue, 20 Oct 2020 00:01:06 +0000 https://www.climatechangenews.com/?p=42691 Nearly 80% of climate finance is in the form of loans that must be repaid, adding to the debt burden of the poorest countries, anti-poverty campaigners found

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