Les instruments de dette conditionnels permettent aux pays touchés par des crises économiques et climatiques de restructurer le remboursement de leur dette.
- Extraordinary lecturer at the Centre for Human Rights, University of Pretoria
State-contingent debt instruments allow countries hit by economic and climate crises to restructure their debt repayments.
The New Development Bank doesn’t have mechanisms that communities can use to hold it accountable or seek redress.
COVID is only one factor contributing to the difficult debt situation in the region.
The World Bank board operates on the basis of reaching decisions by consensus. This means that any executive director must earn the respect of their colleagues to affect change.
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