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27 Apr 2023

Introducing the Sustainable Debt Coalition

photo of participants

On the sidelines of the IMF/World Bank Spring Meetings in Washington, ESCWA Executive Secretary Rola Dashti presented on 14 April the Sustainable Debt Coalition, to strengthen partnerships and develop a roadmap leading to its official launch.
 
Dashti urged debtor countries to join the Coalition to better contribute to the international financial architecture reform, by increasing fiscal space and establishing more effective mechanisms to reduce debt and accelerate the achievement of the SDGs.
 
The Sustainable Debt Coalition, announced at COP27 in Sharm El Sheikh, provides a framework for collaboration between creditor and debtor nations focusing on sustainability and debt management.

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