Resources

The Expert Review is drawing on a wide range of resources to conduct its work. Some publications we have found particularly useful are the following.

(We are providing these as a resource to readers; their inclusion should not be taken as meaning that the Review endorses or agrees with them.)

• World Bank (2023b). International Debt Report 2023. Washington DC.
• GSDR – Global Sovereign Debt Roundtable (2023). Co-chairs Progress Report: October 12, 2023. International Monetary Fund, World Bank and Finance Ministry of India.
• UNCTAD (2024). A World of Debt. Geneva: UNCTAD.
• International Monetary Fund (2018). Assessing Fiscal Space: An Update and Stocktaking. Washington, DC.
• IHLEG (2022). Finance for climate action: scaling up investment for climate and development
• IHLEG (2023). A climate finance framework: decisive action to deliver on the Paris Agreement.

• Bolton, P., Buchheit, L., Gulati, M., Panizza, U., Weder di Mauro, B. and Zettelmeyer, J. (2022).Geneva 25: Climate and Debt. Paris: Center for Economic Policy Research.
• Diwan, I., Songwe, V. and Kessler, M. (2024).A Bridge to Climate Action. Paris: Finance for Development Lab.
• Diwan, I., Guzman, M., Kessler, M., Songwe, V. and Stiglitz, J. (2024).An Updated Bridge Proposal: Towards a Solution to the Current Sovereign Debt Crisis and To Restore Growth. Paris: Finance for Development Lab.
• Diwan, I. and Harnoys- Vannier, B. (2024).The collapse of external finance to developing countries. Finance for Development Lab.
• Ecker S., Molina G., Jensen L., Ortiz-Juarez E. (2023).The Human Cost of Inaction: Poverty, Social Protection and Debt Servicing, 2020–2023. United Nations Development Programme.
• Flugge, M., Mok, L. Chi Kiu, R. and Stewart, F. E. (2021).Striking the Right Note: Key Performance Indicators for Sovereign Sustainability-Linked Bonds. Washington DC: World Bank.
• International Carbon Markets Association (2023).Sustainability-Linked Bond Principles Voluntary Process Guidelines.
• Maldonaldo, F. and Gallagher, K. P. (2022).Climate Change and IMF Debt Sustainability Analysis. Boston, MA: Boston University Global Development Policy Center.
• Monnin, P., Feyertag, J., Robins, N. and Wollenweber, A. (2024).Aligning Sovereign Bond Markets with the Net Zero Transition: The Role of Central Banks. London: LSE Grantham Research Institute on Climate Change and the Environment.
• Patel, S. (2024).Averting the Crises: How a New Approach to Debt Could Raise US$400 Billion for Climate and Nature. London: International Institute for Environment and Development.
• Ray, R. and Simmonds, B. (2024).Now or Never: Mobilizing Capital for Climate and Conservation in a Debt-Constrained World. Boston, MA: Boston University Global Development Policy Center.
• Zucker-Marques, M. and Volz, U. (2023).Another Lost Decade or a Decade of Action? Debt Relief for a Green and Inclusive Recovery.