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  / /  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.


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