A debt crisis is emerging in the Global South at the precise moment when substantial investmentis needed to meet shared climate and development goals. Yet, the G20 Common Frameworkhas been unable to engage all creditor classes or link debt relief to climate and development.The Debt Relief for Green and Inclusive Recovery (DRGR) Project, a collaboration between theBoston University Global Development Policy Center, Heinrich-Böll-Stiftung and the Centrefor Sustainable Finance at SOAS, University of London, argues it is time for comprehensivedebt reform. Utilizing rigorous research, DRGR seeks to develop systemic approaches to bothresolve the debt crisis and advance a just transition to a sustainable, low-carbon economy in partnership with policymakers, thought leaders and civil society from around the world.