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How to Use Debt-for-Climate and Debt-for-Nature Swaps as Tool of Financing and Aid Effectiveness through collaborative Partnerships
Debt-for-climate and Debt-for-Nature swaps have emerged as an option for countries facing debt distress while striving to meet climate objectives and conservation priorities. With origins dating back to the late 1980s, these swaps gained prominence during the Latin American debt crisis and have since facilitated over 140 transactions, addressing approximately $3.7 billion in debt.
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The Joint SDG Fund’s Work across Portfolios Revitalizing SIDS Economies for Accelerated and Sustainable Growth
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