AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Lack of Global Consensus on Debt Relief for Environmental Objectives
The chapter discusses the lack of global consensus on providing debt relief to poor countries for environmental objectives. Despite talks of coordinated mechanisms, little progress has been made in reaching a consensus. The chapter highlights the Africa Climate Summit's support for debt relief, but notes potential resistance from global North countries. Encouragement is found in the African Development Bank's progress with the IMF, and optimism is expressed for upcoming discussions at the IMF and World Bank annual meetings.