Greening Sovereign Debt: Addressing Dual Crises of Climate and Debt
The Nature Conservancy
Thursday, November 10th, 2022
13:00:00 - 14:00:00
Combining debt relief with climate and nature outcomes can offer an elegant solution to multiple systemic crises. But to have a systemic effect, the approach must be replicable and scalable. This session will explore how refinancing sovereign debt —adapted to different country circumstances as blue and/or green finance mechanisms—could offer a workable and widely applicable blueprint to help countries reprofile or reduce debt burdens while simultaneously accelerating their transitions to carbon-neutral, nature-positive economies.
Speakers
- Jean-Paul Adam, Director, Climate Change & Natural Resource Management Division, UNECA
- Juan Pablo Bonilla, Manager, Climate Change and Sustainable Development Sector, The Inter-American Development Bank
- Jennifer Morris, CEO, The Nature Conservancy
- Vimal Thakoor, Senior Economist, IMF Institute
- Professor Kevin Chika Urama, Acting Chief Economist and Vice President for the Economic Governance and Knowledge Management Complex, The African Development Bank