Vulnerability as a basis for debt relief. The Multidimensional Vulnerability Index

Erlassjahr's paper, January 2022
We've discussed the different official sector statements from climate-vulnerable countries a while ago, such as from the V20 or AOSIS and we are all demanding that debt relief is not granted by per capita income but by debt vulnerability. Most of you may have heard about a UN General Assembly process in which a multi-dimensional vulnerability index shall be worked out this year. Erlassjahr has produced a paper, in which they assess the potential of such an index to improve debt restructurings in the future. Erlassjahr will use the paper as basis for our advocacy towards making the V20 and AOSIS demands heard.

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