#2. A “Vicious Circle” of Climate Debt Traps World’s Most Vulnerable Nations

Low-income countries are disproportionately impacted by poverty and climate-related disasters. Many of the developing nations most vulnerable to climate change are also “operating on increasingly tight budgets and at risk of defaulting on loans,” Natalia Alayza, Valerie Laxton, and Carolyn Neunuebel reported for the World Resources Institute in September 2023.…

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