International Debt Is Strangling Developing Nations Vulnerable to Climate Change, a New Report Shows

5 months ago 47

Many small island nations which contributed little to climate change now must borrow money to rebuild after climate-induced storms. The debt service they’re carrying hinders their ability to invest in new adaptive infrastructure before the next storms hit.

Small island developing countries are increasingly becoming locked into a cycle of environmental disasters and compounding debt burdens, making them less capable of investing in climate resilient infrastructure and providing basic public services, according to a new report scheduled for partial release on Wednesday.  

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