Creecy calls for non-debt solutions as hard-hit continent seeks climate finance

📆 4/9/2023 16:45:00
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Minister Barbara Creecy says African countries need ‘a new suite of financing instruments, with a set of favourable terms and conditions that are not debt generators’

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Creecy: Climate finance shouldn't worsen Africa's debt burdenMinister Barbara Creecy says that climate finance requires innovation, so that it does not increase the debt burden for African and developing countries nor require sovereign guarantees.
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