Climate Change: Developing Countries

(asked on 8th February 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 7 February 2022 to Question 116890, on Climate Change: Developing Countries, how many of the 73 low income countries eligible for the Common Framework for Debt Treatment are Small Island Developing States (SIDS).


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 21st February 2022

To support low-income countries to tackle their debt vulnerabilities, in November 2020 the UK, alongside our G20 and Paris Club partners, agreed a new Common Framework for Debt Treatment beyond the Debt Service Suspension Initiative. This brings together, for the first time, G20 and Paris Club creditors to coordinate debt treatments following a request from any of the 73 eligible low-income countries. Private sector creditors will be expected to implement debt treatments on at least as favourable terms as those agreed by official creditors.

Of the 73 low-income countries that are eligible for the Common Framework, 22 are Small Island Developing States.

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