Integrating nature into the IMF-World Bank’s Debt Sustainability Framework for Low Income Countries
This report investigates the rationale, feasibility, and implications of integrating nature-related risks into the Low-Income Country Debt Sustainability Framework (LIC-DSF). The LIC-DSF is a core tool for assessing debt vulnerabilities in low-income countries (LICs), with significant influence on IMF-World Bank surveillance, concessional financing terms, and broader macroeconomic policy frameworks, as well as private investment and costs of capital.
Ranger, Pasqua and Adam (2025). Integrating Nature into the IMF-World Bank’s Debt Sustainability Framework for Low Income Countries. CLimate, Environment, and Nature (CLEAN) Helpdesk