the finance tool making a comeback
- Written by Alex Dryden, PhD Candidate in Economics, SOAS, University of London
There's huge scope for debt-for-nature swaps to help protect forests in Indonesia. bumi.akasha/ShutterstockIn 2023, Ecuador struck an unusual deal. Instead of simply paying back its debts, it refinanced part of them on better terms and promised to spend the savings protecting the Galápagos Islands.
This type of transaction, known as a...







