© Nazarizal Mohammad

brief INSIGHT by Emerging Markets Investors Alliance

| As of July 14, the IMF had approved $244 million in debt relief and $77 billion in emergency financing to low- and middle-income countries, despite estimating that these countries will have additional financial needs of $2.5 trillion. The Alliance has published a White Paper to foster cooperation among policy makers, government officials and investors, and to move the discussion beyond the short-term provision of liquidity toward longer term measures that promote fiscal and debt transparency, debt oversight, and environmental sustainability. For more information on how the Emerging Markets Investors Alliance is working with emerging market asset managers and asset owners to increase sustainability in publicly listed emerging market companies and countries, please email Claire Meier Underhill at

cmeier@eminvestorsalliance.org

| Please find the White Paper on the Emerging Market Debt Crisis here