It is a fact that country debt hinders economic growth. According to the International Monetary Fund (IMF), insurmountable debt, can cause countries to lose market access and incur more costs which could be harmful for growth and attracting investment.
So what do countries in debt do when struck by sever weather events attributed to climate change?
We share this insightful article from climate change news: https://www.climatechangenews.com/2023/06/22/world-bank-debt-disaster-climate/?fbclid=IwAR1imB9A9kdyxm4qi0WjBq_vmleNPnioKGGIvUmFKZGf14iyuRj60xwyFfc