Groups urge G20 to adopt Brady-style debt-for-climate swaps

WASHINGTON — Three think-tanks will unveil a proposal on Monday to avert a looming debt crisis and help heavily-indebted countries accelerate moves toward more sustainable growth and a low-carbon economy as they recover from the COVID-19 pandemic. The “Debt Relief for a Green and Inclusive Recovery” proposal is modeled on the so-called Brady bonds issued […]
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