CSOs advocate for grants instead of loans for climate finance at COP31
Change Initiative and YPSA warn that climate-vulnerable nations are paying double for the crisis due to excessive debt repayments.
TBS Bangladesh11 November 2026, 11:35 PM1 readsAMP
Civil society organizations, including Change Initiative and YPSA, have urged a transition from loans to grants regarding climate finance ahead of COP31. The organizations highlighted that climate-vulnerable nations are effectively paying twice for the crisis. Data from a new index indicates that in 55 countries, debt repayment obligations currently exceed the total climate finance received.
