How debt-for-climate swaps can help solve low-income countries' fiscal and environmental challenges at the same time
- Written by Soyoung Oh, Junior Research Fellow, The Fletcher School, Tufts University
Debt swaps in some countries have involved commitments to protect the ocean.Ashley Cooper/Corbis via Getty ImagesBarbados Prime Minister Mia Amor Mottley spoke passionately to the United Nations General Assembly in September about the mounting debt many developing countries are shouldering and its increasing impact on their ability to thrive.
The...