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.
(Generated with the help of GPT-4)
| 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)
Additional Viewpoints
Categories: Caribbean geographic scope | English publication language | caribbean resilience facility | climate adaptation | debt sustainability | debt swap | economic growth | fiscal space | green investment | resilience building | scenario analysis | sustainable development