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Policy Report

Debt and financial system reform in the face of the climate crisis: Perspectives from Latin America

Climate justiceTransparency
By:Leonardo Stanley, José Fernandez Alonso
April 202438 min

This document aims to analyze the scope and challenges of addressing the issue of sovereign debt within the framework of Article 2.1.c of the Paris Agreement. The work presented here is based on the premise that analyzing the treatment of sovereign debt under Article 2.1.c becomes crucial in light of the tensions that have arisen—and continue to arise—among different countries regarding the diagnosis (and solution) of debt crises and the scope and implementation of the aforementioned article in matters of sovereign debt.

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