Addressing the Fourth International Conference on Small Island Developing States in Antigua and Barbuda, Vatican Representative Msgr. Robert Murphy calls on developed nations to cancel their debt to support their resilience and development in the face of climate and environmental crises.
By Lisa Zengarini
The Holy See has called for increased efforts from developed nations to help Small Island Developing States (SIDS) build resilience in the face of increasing climate and environmental challenges and achieve their sustainable development goals by cancelling their debt.
Debt cancellation is not just a matter of economic or development policy, but a moral imperative rooted in the principles of justice and solidarity, said Msgr. Robert Murp…
Read the full article at: https://www.vaticannews.va/en/vatican-city/news/2024-05/holy-see-urges-debt-cancellation-for-small-poor-island-nations.html