In today’s rapidly shifting geopolitical landscape, international aid funding—including from major donors like USAID—is being cut, leaving many nature-rich countries of the Global South in an increasingly precarious position. At the same time, the twin crises of climate change and nature loss are undermining economic resilience, pushing sovereigns into a vicious cycle where escalating nature loss and climate shocks negatively impacts countries’ creditworthiness, constrains borrowing, and limits investment in climate adaptation, livelihoods, and broader development. […]