World Bank offers debt pauses during climate crises, catastrophes for the most vulnerable countries

Bank to offer “a pause in debt repayments so countries can focus on what matters, not worrying about the bill: To allow countries to focus on meeting the urgent needs of their people instead of on loan repayments, the World Bank Group will launch Climate Resilient Debt Clauses. These will provide a pause in debt repayments for the most … Continue reading World Bank offers debt pauses during climate crises, catastrophes for the most vulnerable countries