The World Bank Group and regional multilateral development banks, as recorded in a document cited from ispionline.it.
The record calls for these banks to act as guarantors of restructured debt through guarantee facilities.
The record suggests a concerted effort by multilateral agencies to guarantee restructured debt for recovery efforts. It also links to debt-for-nature swaps financed by these banks to fund UNESCO Biosphere Reserve transfers. The record notes that this does not establish that UNESCO itself receives or administers the swap financing. The cited document says multilateral support is not sufficient, and that since the pandemic, support from the IMF and multilateral development banks has provided a lifeline to many governments in the Global South.
It shows that the same institutions that provide emergency loans also seek a role in guaranteeing the debt, which can shape how recovery is financed.