• 11/24/2024

African countries eye world’s first joint ‘debt-for-nature’ swap 

Reuters

Reuters exclusively reported that 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. Debt-for-nature deals are becoming increasingly popular for poorer nations to pay for conservation.  

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https://www.reutersagency.com/en/reutersbest/article/african-countries-eye-worlds-first-joint-debt-for-nature-swap/