A debt crisis is looming in the Global South. Although international capital has partially returned to developing and emerging economies, in many low- and middle-income countries debt service is impeding crisis responses and contributing to worsening development prospects and a compromised ability to adapt to the impending climate crisis as well as threatening the achievement of the SDGs.
NGFS and INSPIRE have established a joint Study Group on Biodiversity and Financial Stability, with the aim to understand the potential implications of biodiversity loss for financial stability.
This issue paper proposes a novel framework to support a transformative recovery in cities of the global South after COVID-19.
This publication is a result of the World Bank’s proactive engagement with stakeholders on pertinent sovereign ESG issues and is part of a publication series under the auspices of the Global Program on Sustainability (GPS).
Does investing in nature actually deliver on development at the local level? This report provides insights into the types of direct, site-based interventions that can help or hinder the achievement of development outcomes for local people and, ultimately, the delivery of the post-2020 Global Biodiversity Framework and Sustainable Development Goals.