The level of climate alignment of debt is hardly considered in debt-related regulation and/ or debt sustainability agreements like the Maastricht Treaty ceilings (3% of GDP government deficit and 60% of GDP (gross) government debt) not considering economic costs of deferred climate action as well as economic benefits of the transformation.Robust studies on the economic costs and benefits in the short- to long-term of reaching the LTGG exist for only few countries and/or regions, primarily in the developed world