Climate-related disasters threaten fiscal stability and development progress, particularly in vulnerable economies. Climate-resilient debt clauses (CRDCs) offer a proactive solution by allowing countries to defer debt repayments in the wake of disasters, enabling a more effective emergency response and recovery. This report, developed to support discussions within the FiCS Lab Working Group on CRDCs, explores key considerations and best practices for implementing CRDCs. It provides insights from expert discussions throughout 2024, offering guidance on how these mechanisms can enhance financial resilience in climate-affected regions.

Debt-for-climate (DFC) swaps are an effective method to exchange a portion of a country’s external debt payments for investments in domestic climate, biodiversity, or conservation initiatives. This primer, developed by the FiCs Innovation Lab Working Group, provides insights, examples, and considerations for implementing DFN or DFC swaps.

This discussion paper provides a comprehensive framework and actionable recommendations for scaling transition finance to support the green industrial transition of India’s iron and steel sector, addressing both the needs of primary and secondary steel producers.

This technical report, prepared for the South African National Treasury, evaluates the South African Green Finance Taxonomy’s international alignment and interoperability with other green and sustainable finance taxonomies through a comparative analysis of three key principles that define the eligibility criteria for economic activities, sectors, and projects to qualify as green.

This deep dive into Indonesia’s climate-aligned finance policy nexus explores investment gaps, barriers to sustainable finance, and policy recommendations to streamline financial sector policies to scale up climate-aligned investment and enable alternative financing instruments to support Indonesia’s decarbonization.

This policy bulletin summarizes key findings on how PDBs’ contribution to low-emissions and
climate-resilient development can be accelerated and scaled to make progress toward the global agenda
for sustainable development.