Turning Debt into Nature or Nature into Debt? - The Conceptualization of Debt-for-Nature Swaps as a Strategy for Neoliberal Conservation
Currently, many Global South countries face an unprecedented debt crisis with large portions of their spending going to debt repayments. This financial restrain hinders their capacity to address basic needs and ecological challenges, particularly as climate change exacerbates vulnerabilities. To provide a solution for this, The Nature Conservancy (TNC) launched their Nature Bonds Program aimed at