Ecuador seals record debt-for-nature swap with Galapagos bond

LONDON/NEW YORK (Reuters) – Ecuador sealed the world’s largest ‘debt-for-nature’ swap on record on Tuesday, selling a new “blue bond” that will funnel at least $12 million a year into conservation of the Galapagos Islands, one of the world’s most precious ecosystems. Read full story

Source : https://www.thestar.com.my/news/world/2023/05/10/ecuador-seals-record-debt-for-nature-swap-with-galapagos-bond