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Paying for a Just Transition: Fossil Gas Debt Trap in the Global South

Countries in the Global South are facing multiple crises: escalating debt, worsening climate impacts and energy poverty, Fossil gas widely promoted as a "transition fuel" by multilateral development banks (MDBs) sits at the centre of this storm. This briefing exposes the gas-debt trap as provides recommendations to escape this cycle.

Publication Year: 2025
Banks: ADB, AfDB, AIIB, World Bank