Is China ready to play larger role in ‘debt-for-nature swaps’ to help nations facing climate and debt distress?
The biggest creditor to developing economies has been pressured to explore using such swaps to alleviate the debt burden of Asia Pacific nations, but is not prepared to do so without an internationally-agreed mechanism.
07
August
2023
The biggest creditor to developing economies has been pressured to explore using such swaps to alleviate the debt burden of Asia Pacific nations, but is not prepared to do so without an internationally-agreed mechanism.
