Ecuador seals record debt-for-nature swap with Galapagos bond
London, UK/New York, US Reuters Ecuador sealed the world’s largest “debt-for-nature” swap on record on Tuesday, selling a new “blue bond” that will funnel at least $US12 million a year into conservation of the Galapagos Islands, one of the world’s most precious ecosystems. Having bought back roughly $US1.6 billion of the country’s debt at a […]