Nations that pollute the least are among the most vulnerable to disasters and face the highest barriers to the financing they need to protect themselves. As climate impacts worsen, already towering debt loads, finance costs and poor sovereign credit ratings could enforce a “vicious cycle” for developing countries, according to new research.
Fitch Ratings this month published an analysis suggesting that small countries prone to extreme weather and fossil-fuel exporters may face the highest sovereign risks from climate change in coming years.
A new…
Fitch Ratings this month published an analysis suggesting that small countries prone to extreme weather and fossil-fuel exporters may face the highest sovereign risks from climate change in coming years.
A new…
