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Barbados launched the world's first debt-for-climate-resilience operation. | SMN NEWS

December 3, 2024

Barbados launched the world's first debt-for-climate-resilience operation. | SMN NEWS
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The deal generated US$125 million in fiscal savings which will be channeled into new resilience investments.

The debt conversion represents an innovative financing model for climate adaptation that avoids increasing the burden of public debt.

https://smn-news.com/index.php/st-maarten-st-martin-news/46546-barbados-launched-the-world-s-first-debt-for-climate-resilience-operation.html

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Source: https://www.sxm-talks.com/st-martin-news-network/barbados-launched-the-worlds-first-debt-for-climate-resilience-operation-smn-news/

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