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Debt

In a world first, Grenada activates debt pause after Hurricane Beryl

In a world first, Grenada activates debt pause after Hurricane Beryl destruction

More creditors are agreeing to suspend debt payments in the wake of weather disasters, but experts say greater financial relief will be needed

Spring Meetings results are in — and they leave too much to do 

Will blossom of reform bear fruit? Spring Meetings leave too much to do 

Changes are afoot at the IMF and World Bank – but debt-squeezed developing nations need far faster access to more finance for climate action

Fossil fuel debts are illegitimate and must be cancelled 

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

Debt relief must break dependence on fossil fuel exports

There is a vicious cycle between fossil fuel reliance and debt, which helps explain why so many oil exporters are heavily indebted

US denies rigging loss and damage fund's board

World Bank to suspend debt repayments for disaster-hit countries

A pause on loan repayments can give vulnerable countries breathing space when hit by a natural catastrophe

Rare IMF relief offers a hope of green recovery to debt-laden nations

As the IMF prepares a $650 billion injection of funds into the global economy, there are calls to target support to climate vulnerable nations

Oxfam: Rich countries are not delivering on $100bn climate finance promise

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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