Africa: Climate Change Is Making Africa’s Debt Burden Worse – New Debt Contracts Could Help

Africa: Climate Change Is Making Africa’s Debt Burden Worse – New Debt Contracts Could Help

Many African countries are already struggling with heavy debt burdens. Climate change is making this worse. Africa contributes the least to global emissions but suffers the most from extreme weather, rising temperatures and drought. These disasters affect not just people’s livelihoods but also national revenues, making debt repayment harder. Yet traditional debt contracts don’t account…

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