Cascading global crises leave 54 countries - home to more than half of the world's poorest people - in dire need of debt relief – UN
According to available data, 46 of the 54 countries had amassed public debt totalling $782 billion in 2020, the UN report said.
UNDP said without immediate relief, at least 54 countries would see rising poverty levels, and "desperately needed investments in climate adaptation and mitigation will not happen". But despite repeated warnings, "little has happened so far, and the risks have been growing," UNDP chief Achim Steiner told reporters in Geneva.
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