A Real Mosaic of Solutions to Respond to Loss and Damage from Climate Change | Debt Reform

This publication is part of a series of briefs unpacking the pieces of a fit for purpose “mosaic of solutions” to respond to loss and damage from climate change. This series expands on our earlier work, which presented a five-year vision for Loss and Damage under the United Nations Framework Convention on Climate Change (UNFCCC) to look beyond the international climate regime at catalysing a wider mosaic of solutions.

In the flagship paper of the series, we unpack the pieces of the mosaic. In these thematic briefs, we dive deeper into existing solutions and how they can be strengthened. We also consider any reforms needed and explore emerging solutions.

This brief unpacks the relationship between loss and damage and debt in developing countries. It provides a succinct overview of the problems developing countries face as a result of sovereign debt and the existing international debt system. It also highlights the inadequacy of existing debt solutions and why a fit for purpose United Nations Framework Convention on Sovereign Debt must be established.