Invitation: Climate Finance and Sovereign Debt - Afronomicslaw Event on the Sidelines of the Spring Meetings of the IMF and World Bank Group

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March 23, 2024

Afronomicslaw.org invites you to a roundtable discussion on Climate Finance and Sovereign Debt organized on the Sidelines of the Spring Meetings of the International Monetary Fund and the World Bank Group

Date: 18th April, 2024

Time: 3:30pm - 6.00pm

Venue: Yours Truly DC Hotel, 1143 New Hampshire Ave, NW, Washington, DC 20037, USA.

Eventbrite Registration Link Here.

This public event is hosted by Afronomicslaw.org – the leading forum on international economic law issues relating to Africa and the Global South.

Please register here to attend in-person. In-person participants are invited to join us for a reception immediately following the event.

Event Description

The global financial industry is widely regarded as a key revenue source to fill the financing gap needed to address the climate crisis. This event will critically appraise whether transactions such as climate bonds, green, blue, and sustainability-linked bonds, as well as debt for nature swaps, can effectively address the climate crisis. Speakers will reflect on how these instruments are transforming biodiversity resources such as forests and wildlife habitats into investible assets.

Consistent with Afronomicslaw's 2023 book, Transforming Climate Finance in an Era of Sovereign Debt Distress, Sheria Publishing House (2023), the event will centre on two major types of the impact these climate finance transactions have. First, the impact these transactions have on the countries and the people less responsible for the climate crisis. Second, how these transactions relate to the historical ecological responsibility of the countries most responsible for the climate crisis.

Panelists

Jane Seruwagi Nalunga, The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) - Uganda.

Olufunmilayo Arewa, George Mason University.

Adebayo Majekolagbe, University of Alberta.

Moderator

James Thuo Gathii, Loyola University, Chicago School of Law.