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Take the Nature Conservancy, whose website claims that the environmental NGO enabled a deal that reduced Belize’s debt by 12% of GDP, unlocking $180 million for the impoverished nation’s ...
Slav Gatchev, managing director of sustainable debt at TNC, told AFP that although the first debt-for-nature swaps happened in the 1980s, now they operate at a far larger scale.
Debt-for-nature swaps are not a universal solution for distressed debt countries, some of which may require a traditional restructuring. Nor can DFNSs offer the most cost-effective response to ...
SOMMER: It's known as a debt-for-nature swap, which has also been used in Belize and the Seychelles. GARVEY: It's an imperative that the world needs to be undertaking.
At least five African countries are working on what could be the world's first joint "debt-for-nature" swap to raise at least $2 billion to protect a coral-rich swathe of Indian Ocean, according ...
Ecuador will probably need to focus on one for now, one person familiar with the plans said, given the time and effort such debt swaps take to structure. In a debt-for-nature swap, a country’s ...
Last year's Galapagos-focused debt swap attracted global attention for being the first to break the $1 billion barrier, but the 24 groups involved in the complaint are frustrated about their lack ...
A $436 million "debt-for-nature" swap by Gabon to fund marine conservation has backers hoping for more such money-saving environmental deals, but some investors still see room for improvement in ...
Ecuador, which earlier this month completed the world’s largest so-called debt-for-nature deal, is considering a new transaction of this kind in less than two years, Finance Minister Pablo ...
News 5 DLA Piper Offices Back Peru Debt-for-Nature Swap The pro bono effort involved advice to four environmental non-profits who helped redirect $20 million in sovereign debt payments toward ...
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