In this video, we explain debt-for-climate swaps. In a debt-for-climate swap, a creditor forgoes part or all of a country’s existing debt. In exchange, specific types of climate action are taken by the country, as agreed upon between the country and its creditor.
This video is part of the Paying for Paris Climate Finance Resource Hub: wri.org/paying-for-paris.
Featured Experts:
Anton Willems – Fondo de Promoción de las Áreas Naturales Protegidas del Perú, PROFONANPE
Kevin Bender - The Nature Conservancy
Marcos de Carvalho Chamon - International Monetary Fund, IMF
