[The Morning] Debt, risk management and climate action

[The Morning] Two years into the Covid pandemic, many developing countries are facing or potentially looking at a debt crisis.

The International Monetary Fund (IMF) has indicated problems that relate to debt sustainability in countries of the Global South, especially low-income countries. However, the number of middle-income countries that are facing similar high debt-related burdens is on the rise, which presents the need to better understand how countries need to find pathways to address debt through ways that are innovative, sustainable, and climate resilient.