Global debt levels are near all-time highs. Public debt in many countries with advanced economies threatens to crowd out more productive investments in the decades to come, while in many developing economies, the high cost of public debt can force trade-offs that inhibit development and upward economic mobility. Fortunately, against this gathering storm opportunities for innovation abound. This panel will discuss ongoing innovations, systemic challenges, and the possibility of greater climate considerations being integrated into the global sovereign debt architecture.