Preventing a Default on Development and Climate: How Debt Relief Can Support Development Efforts for over 1 Billion People
Investing in development and climate while maintaining economic and financial stability is a balance that emerging market and developing economies (EMDEs) need to strike in order to meet the United Nations 2030 Agenda for Sustainable Development and the Paris Agreement.
EMDEs (excluding China) need a major investment push to achieve the 2030 Agenda and the Paris Agreement. An Independent Expert Group to the Group of 20 (G20) estimates that EMDEs excluding China will need to mobilize $3 trillion annually, $1 trillion from…
