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Nicole Kearse

Nicole Kearse is Head of Sovereign Finance at the African Legal Support Facility.

n.kearse@afdb.org

Articles by author

A case for “debt-for-nature” and “debt-for-climate” swaps in emerging and developing economies

Emerging and developing economies are disproportionately and negatively impacted by climate, ecological and biodiversity degradation and debt issues. Several solutions have been posited to address these distinct yet related threats to countries’ growth and economic sustainability. This article focuses on one, the utilization of debt-for-nature and debt-for-climate swaps, as part of emerging market and developing countries’ overall strategy to address these challenges.

1 JAN 2023