Debt-for-Nature-Swaps: Feasibility and Policy Significance in Africa's Natural Resources Sector

Organisation:
Potomac Group LLC, African Development Bank (AfDB), World Wildlife Fund (WWF)
afdb debt for nature

This research paper, jointly developed by the African Development Bank, Potomac Group and WWF, is designed to help the African Natural Resources Management and Investment Centre consult regional member countries on natural resource management. 

Most of the bank's member states have been harshly affected by COVID-19 and recovery has been weak. In addition, vulnerabilities from climate change has increased in the same region. The report tries to analyse how mobilizing finance can pursue the post-pandemic recovery and climate and nature goals at the same time. 

The report provides policy recommendations for sustainable financing options, with a focus on debt-for-climate/nature swaps. It also seeks to inform the bank’s operations in sustainable borrowing and specific interventions on debt management and sustainability in African countries.

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