What if debt was written off to protect climate and nature?

A dollar sign forms one of the columns of a stately building

From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the US development bank, refinanced it’s debt in 2023 in exchange for putting at least $12 million a year into conservation efforts in the Galapagos.

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Huberth Méndez is a multifaceted Costa Rican professional with a rich background in architecture, education, and research, with extensive experience spanning public institutions, private sector engagements, and non-governmental organizations. Through his work, he has pioneered initiatives aimed at challenging entrenched...

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