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This policy note by Daniel Bradlow of the South African Institute of International Affairs outlines priorities for South Africa's 2025 G20 presidency to address the sovereign debt crisis in Africa. The author argues that current global governance mechanisms, including the IMF and G20 frameworks, are insufficient to meet the combined debt, climate, and development needs of African nations. The document proposes a 'holistic approach' to debt restructuring that integrates financial obligations with social and environmental commitments, suggests using the Global Sovereign Debt Roundtable (GSDR) for reform, and discusses the tension between liquidity and solvency perspectives on restoring financial access.

This executive summary outlines a global dialogue on ensuring that the economic recovery from the COVID-19 pandemic is aligned with the Sustainable Development Goals (SDGs) and the Paris Agreement. It argues that the pandemic serves as a warning for the climate and biodiversity crises and advocates for a 'green and resilient recovery' that prioritizes people, nature-based solutions, and the phase-out of high-carbon industries.