News Headline

Climate change could lead to a debt crisis

Source
Environment Journal

Publication Date
2021-05-07

Climate change will make it harder for countries to repay their pandemic debt, according to researchers at the University of Oxford. During the pandemic, an estimated $783bn has been borrowed from the private sector through sovereign bonds that mature 30, 50 or 100 years from now.

Content
https://environmentjournal.online/articles/climate-change-could-lead-to-a-debt-crisis/