The Spring Meetings of the World Bank and IMF are a chance to transform outstanding debts for fossil fuel projects into grants for renewable energy systems
There is a vicious cycle between fossil fuel reliance and debt, which helps explain why so many oil exporters are heavily indebted
A pause on loan repayments can give vulnerable countries breathing space when hit by a natural catastrophe
As the IMF prepares a $650 billion injection of funds into the global economy, there are calls to target support to climate vulnerable nations
Nearly 80% of climate finance is in the form of loans that must be repaid, adding to the debt burden of the poorest countries, anti-poverty campaigners found