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.