Exclusive: World Bank, IMF eye ways to link debt relief to climate change spending By Reuters
By Andrea Shalal WASHINGTON (Reuters) - The World Bank and the International Monetary Fund are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could link such spending to debt relief, according to a draft document seen by Reuters. The advisers would include U.N. officials, nongovernmental organizations, private investors and even ratings agencies with expertise in sourcing investment, including grants, low- or no-interest loans and conditional debt relief, the document says. The initiative reflects growing recognition that the economic turmoil of the COVID-19 pandemic...
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