Foreign debt cripples countries vulnerable to extreme weather events, hindering climate change resilience. Reforming financial systems could help them combat climate change. Heads of state and high-ranking government officials from industrialized and developing countries are meeting in Paris for two days this week to discuss financing for climate protection. Limiting global temperature rise and preparing humanity...Read More

At the Summit for a New Global Financing Pact in Paris this week, global decision-makers were focused on innovative financial instruments that will benefit people and the planet. In May, Ecuador signed a landmark debt-for-nature swap agreement to raise funds to protect the Galapagos Islands. The financial instrument has been around since the 1980s, with...Read More