Dialogos

Italy: Offers Debt Suspension to African Countries Affected by Climate Crisis

Published February 14, 2026, 12:02
Italy: Offers Debt Suspension to African Countries Affected by Climate Crisis

Italian Prime Minister Giorgia Meloni announced that Italy is offering African countries the possibility of suspending their debt repayments when they are hit by extreme climate events. The announcement was made during the second Italy-Africa summit in Addis Ababa. This initiative, part of the 'Mattei Plan,' involves converting debt into joint development projects and introducing debt suspension clauses in cases of extreme weather events. Meloni stressed the importance of cooperation with Africa, making it a cornerstone of Italian foreign policy. No further details were given regarding the suspension mechanism or which countries could benefit from it.