Tag Archive : Global Debt

Global Debt Remains At Record High

Global debt will reach more than $255 trillion, according to the Institute of International Finance. Nearly $32,500 for each for the 7.7 billion people on the planet.

At the end of their report, economists warned that “high debt burdens could curb efforts to tackle climate risk.”

The IIF reported: “Global climate finance flows remain far short of what’s needed for an effective transition to a low-carbon economy.” Read More