Wall Street can help improve oceans: Belize minister
28 Apr 2023

Belize’s $364 million debt-for-nature swap deal in 2021 has become a successful case study that other countries can learn from, three participants in the transaction say.
“Belize has proven it can be done,” said Kevin Bender, senior director of sustainable debt at The Nature Conservancy. “We reduced debt burden overnight and there have been many successes in conservation so far. There were commitments to do things like move mangrove swamps to public lands and those have all been met.”
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