Ecuador Establishes Debt-for-Nature Deal for Galápagos Islands Conservation

EcoWatch
By Paige BennettMay 10, 2023, 7:46 pm420 ptsTrendingTop
Ecuador has just agreed to the largest debt-for-nature exchange ever recorded. The deal involved selling a “blue bond” to provide over $12 million annually toward conservation around the Galápagos Islands. Last week, Credit Suisse bought three of the country’s bonds, with a value of $1.6 billion, at…

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