Can debt swaps be a game-changer for poor nations to go green?

Category : Climate Change | Location : International  | Posted on 2023-02-16 02:50:25


Can debt swaps be a game-changer for poor nations to go green?

The world’s poorest countries owe $62 billion in annual debt service, a year-on-year increase of 35%, the World Bank said in December, warning of a rising risk of defaults.