google.com, pub-9501031967421588, DIRECT, f08c47fec0942fa0 Climate finance driving poor countries deeper into debt, says Oxfam ~ Bharath Bulletin

Monday, October 19, 2020

Climate finance driving poor countries deeper into debt, says Oxfam

Countries that did least to cause crisis having to take loans to protect themselves, says charity

Billions of dollars are being loaned on high-interest terms to poor countries seeking help to cope with the impacts of climate breakdown, according to an Oxfam report.

The loan terms risk storing up debt burdens lasting far into the future, the charity says.

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