Climate-Resilient Debt Clauses: A New Tool to Fight Climate Change

5Dias has published an OpEd on the importance of Climate Resilient Debt Clauses (CRDCs), also known as "hurricane clauses," written by RodrigoOlivares-Caminal, Of Counsel at Kepler-Karst and expert in sovereign debt restructuring.

These clauses allow sovereigns to temporarily suspend debt payments after a natural disaster and are key for reducing the economic and fiscal impact of natural disasters.

You can read the full article here.

Rodrigo Olivares-Caminal Kepler Karst Experto en Derecho Financiaro y asesor en Reestructuraciones e Insolvencias
Of Counsel

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