Tag: Debt-for-nature swaps can provide debt relief

Moody-Investors-Service

Debt-for-nature swaps can provide debt relief, but could constitute event of default: Moody’s

In a proposal to Sri Lanka’s government, the United Nations Development Programme (UNDP) has suggested debt-for-nature swaps as part of the sovereign’s broader debt restructuring plan. Under the UNDP proposal, the debt-for-nature swap would allow a portion of the government’s large debt burden to be forgiven in exchange for the implementation of environmental policies or […]