For Climate-Vulnerable Countries, Debt Costs 25 Times More Than Climate Action
Attributed to Inside Climate News. EcoFinance is not independently verifying these facts. Information only — not investment advice.
https://insideclimatenews.org/news/19092026/for-climate-vulnerable-countries-debt-costs-25-times-more-than-climate-action/
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The countries most vulnerable to climate change are spending nearly 25 times more on repaying debt than on climate action, according to a new ActionAid report released Wednesday. The report, “Debt Fuels the Climate Crisis: How the Finance Flows,” is “really unpacking the narrative about how the climate and debt crises are supercharging each other,” […]
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