Promoting debt sustainability to facilitate financing sustainable development in selected Caribbean countries: A scenario analysis of the ECLAC debt for climate adaptation swap initiative

This report analyzes the ECLAC Debt for Climate Adaptation Swap initiative, focusing on debt sustainability and financing sustainable development in the Caribbean.

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Quick Facts
Report location: source
Language: English
Publisher:
Authors: Hidenobu Tokuda, Machel Pantin, Nyasha Skerrette, Sheldon Mclean
Geographic focus: Caribbean
Page count: 60 páginas.

Methods

The research method includes setting a target growth rate, identifying necessary debt reduction, establishing debt reduction scenarios, simulating Caribbean Resilience Fund inflows, and estimating the dynamic impact of green investment on growth.

(Generated with the help of GPT-4)

Key Insights

The ECLAC initiative aims to reduce the Caribbean's debt burden while fostering investment in climate adaptation. It proposes a Caribbean Resilience Facility and debt swaps with international funding agencies. The study uses scenario analysis to explore the initiative's mechanics and potential outcomes for Antigua and Barbuda, Saint Lucia, and Saint Vincent and the Grenadines.

(Generated with the help of GPT-4)

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Last modified: 2024/07/29 18:14 by elizabethherfel