February 17, 2021

EU Development Boss Makes Debt Relief Push-Devex

European Union finance ministers discussed a “global recovery initiative” in response to the COVID-19 pandemic Tuesday, though the planned link between debt relief and sustainable investments remains vague nine months after the idea was first announced. Ursula von der Leyen, president of the European Commission, told the United Nations last May that Europe needs to do more than hold pledging conferences on global access to vaccines. “I would like to propose something even more ambitious,” she said at the event on Financing for Development in the Era of COVID-19 and Beyond. Devex, 02/17/2021