What if debt was written off to protect climate and nature?

A dollar sign forms one of the columns of a stately building

From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the US development bank, refinanced it’s debt in 2023 in exchange for putting at least $12 million a year into conservation efforts in the Galapagos.

Read the original story here.

Find more stories on the wellbeing economy.

More Resources:

From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.

...

From Varun Godinho / Gulf Business: The government of Dubai became the world’s first paperless government with all 45 government entities providing digital services. Becoming entirely digital has been more efficient for public service delivery and reduces harmful environmental impacts....

Jack Henderson is a digital democracy researcher with RadicalxChange Foundation, the ERC’s BlockchainGov project, and the Coalition Of Automated Legal Applications. He holds a degree in economics from Princeton University. Jack Henderson spoke with Ashley Hopkinson on February 21, 2024....

Eli Moore is Director of the Community Power and Policy Partnerships Program (formerly the California Community Partnerships Program) at the Othering & Belonging Institute. Over the last twenty years, Eli has facilitated numerous participatory action research processes and published various...

From Nikolay Nikolov / Mashable: School districts in the United States are switching to solar power to save money on utilities and sell extra power back to the power grid. They use the savings to increase teachers’ pay and upgrade...

Passionate about transforming how organizations operate, Ted Rau specializes in sociocracy and governance systems that empower collective intelligence and foster meaningful collaboration. As the co-founder of Sociocracy For All and the Governance Lead at Dark Matter Labs, his work focuses...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.