Thought Leader | Addressing the links and connections between climate change and austerity within debt relief efforts is essential. Thus, the active inclusion of African countries in decision-making processes is crucial.
, have become important stakeholders. The misalignment of interests hampers progress towards effective debt relief and restored macroeconomic stability in some countries.
, can enable African countries to safeguard their natural carbon sinks while fostering future macroeconomic growth and development.The high debt burden facing developing countriesthe progress made to combat poverty over the last decade. Among the reasons for this are: High debt servicing costs limit a country’s ability to provide services for its population, reducing its capacity to fund social welfare, healthcare and education programmes.
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