The pressure of growing debt on emerging economies has severely impacted efforts to tackle the climate crises and biodiversity loss. The economic recovery from the pandemic therefore requires bold, innovative, and sustainable responses that address the triple crises of debt, climate change and biodiversity destruction.
This session explored emerging approaches to address the triple crises, why they are needed and what lessons are being learned, alongside the roles of different actors in these approaches.
It also saw the launch of a 'how-to' guide on linking sovereign debt to climate and nature outcomes, targeted at debt managers and environmental decision makers.