Integrating nature into the IMF-World Bank’s Debt Sustainability Framework for Low Income Countries: a new systematic approach to nature-economy risk assessment

Ranger, N., Pasqua, C. & Adam, C. (2025). Integrating nature into the IMF-World Bank’s Debt Sustainability Framework for Low Income Countries: a new systematic approach to nature-economy risk assessment. CLimate, Environment, and Nature Helpdesk.
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This report investigates the rationale, feasibility, and implications of integrating nature-related risks into the Low-Income Country Debt Sustainability Framework (LIC-DSF). The LIC-DSF is a core tool for assessing debt vulnerabilities in low-income countries (LICs), with significant influence on IMF-World Bank surveillance, concessional financing terms, and broader macroeconomic policy frameworks, as well as private investment and costs of capital.

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