Status: Draft -- Not PublishedWill be live at 12/16/2021 16:07
Green Weekly Insight: Debt-for-Nature Swaps–Tackling the Triple Threat
- Low-income and lower-middle-income countries are tackling the triple threat of debt, climate change and biodiversity.
- The vast majority of sovereign and sub-sovereign debt restructurings do not incorporate ESG considerations.
- The recent experience of Belize highlights the potential benefits of debt-for-nature swaps in tackling this triple threat.
- Untapped potential: 30+ countries have used debt-for-nature swaps to fund more than $1bn in environmental protec-tion initiatives, though they have been used less frequently since the 1990s.