Disaster risk financing term sheet: Debt pause clauses

This Term Sheet covers the key terms and conditions of debt pause clauses available from six Multilateral Development Banks and three bilateral creditors. It is part of our Disaster Risk Financing Term Sheets series – practical notes designed to help governments and practitioners understand and compare the financial instruments available in the international system. A debt pause clause allows governments to temporarily pause debt repayments following a shock, freeing up funds to support crisis response and recovery.