Debt-for-Nature Swaps: Indonesia Case Study
This year, history was made for coral reef conservation with a $35 million debt-for-nature swap closed between the US and Indonesian Governments, with the support of Conservation International, The Nature Conservancy and their Indonesian counterparts. After years in the making, this landmark transaction unlocked funding for coral reef conservation by local communities, academic institutions and the people of Indonesia.
Debt-for-nature swaps could mobilise more than $100 billion and new debt issuances could secure more than $300 billion in the short term for climate and nature actions.
Featured Speakers:
Sejal Patel, Senior Economist at the International Institute for Environment and Development (IIED)
Alexandre Portnoi, Senior Legal Advisor at Conservation International
What You'll Learn:
What are debt-for-nature swaps, how they work and for which countries
Their potential in funding conservation
Context of the Indonesia transaction
How is it structured, who was involved and how will funds be used
You will get a brief debt-for-nature swap 101 before diving into the Indonesia deal which is bringing an influx of new resources to critical areas of importance and enabling the establishment of protected areas, the development of sustainable livelihood programs, conservation training and scientific research.