Operationalizing climate/SDGs debt swaps - ESCWA
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21 Apr 2022

Operationalizing climate/SDGs debt swaps

ESCWA staff participating in the meeting

Since high debt and debt service burdens constrain the ability of countries to respond to climate change challenges and invest in crucial areas of sustainable development during post-Covid-19 recovery, innovative financing solutions are needed to provide resources for a green recovery while not increasing the debt burden.

On 13 April, ESCWA and the International Institute for Environment and Development (IIED) organized a webinar on climate/SDGs debt swaps to enhance the applicability of debt finance instruments by using a framework based on key performance indicators. The framework will help guide governments towards green outcomes.

ESCWA also launched a new report titled “Linking sovereign debt to climate and nature outcomes – A guide for debt managers and environmental decision makers”.

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