Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions officials in his Department are having with their counterparts in G7 countries on expanding the scope of the G20's Common Framework to enable debt relief for climate-vulnerable middle income countries.

Support for vulnerable countries is a key priority for the UK as G7 and COP26 Presidents this year. This includes supporting those countries with challenging debt situations and climate-vulnerable countries.

The G20 and Paris Club’s Common Framework brings together G20 and Paris Club creditors to coordinate and cooperate on debt treatments on a case-by-case basis on the request of a debtor country. There are 73 eligible countries, primarily low-income countries but this also includes some climate-vulnerable, middle-income countries. For those countries that are ineligible, there are existing mechanisms for debt treatment under the Paris Club.