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In this video, Kevin Bender explains 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.
Envision a world where everyone can enjoy clean air, walkable cities, vibrant landscapes, nutritious food and affordable energy.