Americas > New York reconsiders sovereign debt rules as emerging economies push for relief to fund nature, climate

New York reconsiders sovereign debt rules as emerging economies push for relief to fund nature, climate

Published 12:04 on March 11, 2024  /  Last updated at 12:34 on March 11, 2024  / Alejandra Padin-Dujon /  Americas, Climate Talks, International, US

New York’s state legislature is advancing parallel bills to rewrite the rules of sovereign debt restructuring, in a potential hit to private creditors worldwide but a win for developing countries.
New York’s state legislature is advancing parallel bills to rewrite the rules of sovereign debt restructuring, in a potential hit to private creditors worldwide but a win for developing countries.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.