Debt and PFM expert at @CentreforDP. Former @ODI_Global. Joining dots between debt, PFM, and climate and disaster finance. Views my own.
Jun 20, 2023 • 6 tweets • 2 min read
1/6 Debt pause clauses for climate shocks is one of the most likely innovations expected to take off from this week’s Paris Summit (one of the asks of the #BridgetownInitiative and not as expensive as other reforms on the table). But a few important caveats @CentreForDP 🧵👇
2/6 Supply- potential liquidity relief created depends on who offer them: MDBs, official bilateral and/or private creditors. While the official sector is expected to initially lead the way, combined efforts of ALL external creditors is key for these clauses to have most impact.