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Ghana seeks climate finance access for debt-restructuring countries‎‎

By GhanaSummary Newsroom1 min read
Ghana seeks climate finance access for debt-restructuring countries‎‎

13, GNA- Ghana has called for climate-vulnerable countries undergoing debt restructuring to retain access to climate finance, insisting that exclusion could undermine development gains and efforts to achieve debt sustainability.‎‎‎Mr Issifu Seidu, Minister of State in Charge of Climate Change and Sustainability, made the call in an interview with Ghanaian journalists after a ministerial dialogue on the margins of the International Monetary Fund (IMF) and World Bank Group (WBG) annual meetings in Bangkok.‎‎‎‎He said responding promptly to climate shocks could also support debt sustainability by preventing costly reversals in development and reducing the need for emergency borrowing after disasters.

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