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A person standing in a field
Dubai, United Arab Emirates

World Bank: Easing the Conditions of Loans to Confront Climate Change in Developing Countries

The World Bank endorses debt "pause clauses". A heightened focus on allowing pauses in servicing debt when sovereign borrowers are hit by climate catastrophes underscores the progress on financing for low-income and vulnerable countries that is being showcased at the UN-sponsored COP28 climate conference in Dubai.

Read the full story in Arabic on Azwaaq's website.


This story was produced as part of the 2023 Climate Change Media Partnership, a journalism fellowship organized by Internews' Earth Journalism Network and the Stanley Center for Peace and Security. It was first published in Arabic by Azwaaq on 10 December 2023 and has been lightly edited for length and clarity.

Banner image: COP28 climate summit. / Credit: Azwaaq.