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November 24, 2021

Green public debt set to rise

World leaders at G20 summit
(Photo by LUDOVIC MARIN/AFP via Getty Images)

Public commitments at COP26 are likely to result in greater green government debt, says IIF Government spending on climate change and the environment has so far been negligible compared to other public sector priorities. Perhaps surprisingly, this is true particularly for developed countries. But with public officials committing to stronger...

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