African Development Bank, international partners commit to Climate Resilient Debt Clauses

The African Development Bank Group announced its adoption of climate resilient debt clauses (CRDCs) , joining major creditors and international development banks at a COP28 session organized by the UK, Barbados and the InterAmerican Development Bank under the auspices of the Bridgetown Initiative . Borrowing nations will get a debt payment respite up to two

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