Climate finance: What are debt-for-nature swaps and how can they help countries?

Jun 23, 2023

Climate finance: “Debt-for-nature swaps or debt-for-energy-transition swaps is where the world needs to push further,” says Rania Al-Mashat, Minister of International Cooperation, Ministry of International Cooperation of Egypt. Image: Unsplash/Jason Blackeye

Kate Whiting

Senior Writer, Forum Agenda

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Graphs showing the fiscal risk for high climate risk countries.

The connection between climate vulnerability and fiscal risk. Image: IMF

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Graphs showing the debt for nature swaps first started in late 1980's.

Debt-for-nature swaps began in the 1980s and are growing in size. Image: Reuters

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